From: Valeria Chomsky To: "Jeffrey E." <jeevacation®gmail.com> Cc: Noam Chomsky Subject: Lawyer's reply Date: Tue, 08 Aug 2017 14:58:06 +0000 Below Noam's correspondence with one of our lawyers. Her answers are in blue. We would like to know your ideas. Best, Valeria PS. The last page of the quarterly report from Bainco where they disclose their management fees has not been included recently in the copies of the reports that come to Noam. Here are a few things I'd like to have: I. Account number of all the trusts DPQ: The account numbers for all of the Bainco accounts appear within the Bainco quarterly reports on the page where they disclose their management fees, i.e. the last page of the Portfolio Appraisal relating to that particular account. For your convenience all account numbers at Bainco are as follows: 2. According to a letter from Max, "under the term of the Trust all 'Distributable Net Income' ('DNI') is to be paid to Noam each year". DNI, he explains, is usually a mixture of interest and dividends earned. DPQ: Not exactly. DNI is a fiduciary income tax concept which represents the net profit of the trust as calculated on the trust's income tax return. This is the amount that flows through to the trust beneficiary's personal income tax return. This may or may not be the same as the amount that was actually distributed to the beneficiary. The amount that the marital trusts require to be paid to Noam annually is "the income" of the marital trusts. See EFTA00666051