Internal family‑office emails discuss $40M annual fees, tax/estate planning and a disputed IRS valuation discount

Internal family‑office emails discuss $40M annual fees, tax/estate planning and a disputed IRS valuation discount The passage reveals a private adviser demanding $40 million a year (with $25 million upfront) for tax, estate and investment planning, and references a disputed valuation discount with the IRS. While it hints at possible overcharging or financial misconduct, the actors are limited to unnamed family‑office clients, a partner at a law firm, and a person named Barry. No direct link to high‑ranking officials or major public entities is present, limiting investigative value. Key insights: Advisor demands $40 M per year, with $25 M due upon signing and $5 M bi‑monthly payments.; Threat to stop work if payment not received, suggesting leverage over client’s financial planning.; Reference to a “valuation discount” dispute with the IRS and a draft response from Empire Valuation.