From: Jeffrey Epstein <jeevacation®gmail.com> To: Eileen Alexanderson Subject: Re: Fw: 2006 Trust GRAT proposal.ppt Date: Thu, 16 Aug 2012 23:27:20 +0000 no On Thu, Aug 16, 2012 at 3:26 PM, Eileen Alexanderson < > wrote: Ok to discuss in email? From: Jeffrey Epstein [malltmjeevacSgmail com Sent: Thursday, August 16, 2012 05:17 PM To: Eileen Alexanderson Cc: Melanie Spinella Subject: Re: Fw: 2006 Trust GRAT proposal.ppt i am confused, how are they going to value the income right.? can leon turn it on and off. only the trustees.? if it is assumed to stay on, the value will be monstrous. and the amoints needed to be paid in the annuity to zero it out will far exceed the current income generated„ the plan then talks about borrowing, who lends. who values. ? who guarantees. On Wed, Aug 15, 2012 at 4:50 PM, Eileen Alexanderson < > wrote: Still may need some refinement but take a look. I checked income that fows to the trust through UP is passive.headed to a dinner now, in the office all day tomorrow if you want to talk more. From: Clapp, Ada [mallto: Sent: Wednesday, August 15, 2012 05:56 PM To: Eileen Alexanderson Subject: 2006 Trust GRAT proposal.ppt Hi Eileen, Here is the revised power point. If you approve, I will forward to Carlyn and Elyse. Have a good night. Ada Clapp Managing Director, Wealth Strategist U.S. Trust Bank of America Private Wealth Management EFTA00941083