To: Jeffrey Epsteinueevacation mail.com ; Eileen Alexanderson
; Richard Joslin
c:
From: Ada Clapp
Sent: Thur 1/9/2014 9:54:11 PM
Subject: Meeting with Ralph
As a Follow up to our meeting with Ralph today:
• Elizabeth checked the invoices and confirmed that the works of art held in the LDB 2011 LLC
trusts were all purchased by the trusts directly (so with trust assets). In each case, the works
were purchased many years after the trusts were created (I do not know if there was a later
finding), the earliest art purchase being in 2000.
• Elizabeth will try to find documentation telling us when the first rental payments were made.
My files go back only to 2011 on this issue.
When I have the answers above, I will call Ralph and remind him to send the "Bill of Sale"
agreement he prepared for Leon.
Ada Clapp
Black Family Partners
IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice
contained in this communication (including attachments) is not intended or written to be used,
and cannot be used, by any person or entity for the purposes of (i) avoiding tax related penalties
EFTA_R1_00398064
EFTA01938794
imposed by any governmental tax authority, or (ii) proposing, marketing or recommending to
another party any transaction or matter discussed herein. I advise you to consult with an
independent tax advisor on your particular tax circumstances.
This communication and any attachment is for the intended recipient(s) only and may
contain information that is privileged, confidential and/or proprietary. If you are not the
intended recipient, you are hereby notified that further dissemination of this communication and
its attachments is prohibited. Please delete all copies of this communication and its attachments
and notify me immediately that you have received them in error. Thank you.
EFTA_R1_00396065
EFTA01938795