From: Richard Joslin <
To: Ada Clapp
Cc: Eileen Alexanderson k Jeffrey Epstein
leevacation@gmail.com>
Subject: Re: Split-Dollar Proposal
Date: Mon, 18 Nov 2013 16:44:03 +0000
I will circulate comments later today.
On Mon, Nov 18, 2013 at 11:05 AM, Ada Clapp < > wrote:
Please see the attached revised split-dollar proposal pursuant to discussions with Carlyn this morning. Elyse is
summarizing the proposal in a memorandum for Leon.
Rich—at our meeting you expressed concerns that the proposal would generate a gift or income tax liability. If
you are still concerned, would you please summarize those concerns for inclusion in Carlyn's memorandum to
Leon. As you saw from her earlier emails, Carlyn sees the only risk as a gift tax risk resulting from an
incorrect valuation on the purchase of AIF IV from Leon. I think we should also discuss any concerns you
have with Carlyn before going to Leon with the plan.
Thanks!
Ada Clapp
Black Family Partners
do Apollo Management
9 W 57th Street
New York NY 10019
phone
email:
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Richard Joslin
Black Family Partners, LP
do Apollo Management
EFTA00975852
9 W. 57th St
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