From: Jeffrey Epstein <[email protected]> To: Ada Clapp Subject: Re: Re-GRATing to APO1 GRAT No. 3 Date: Thu, 27 Feb 2014 20:24:39 +0000 he s ready for the 3rd or 4th On Thu, Feb 27, 2014 at 4:23 PM, Ada Clapp < wrote: Hi Jeffrey, Have you discussed with Leon the re-GRATing of all the BFP interests he received January 24th and those he will receive on Monday? Or, shall I reach out to him? Alan needs to prepare the assignment form and the new GRAT—and the plan was for Leon to sign on Tuesday. As you know, there is no magic to re-GRATing on Thesday other than to coordinate the annuity payments. Leon could instead take longer to decide and sign a new GRAT later in March if he likes. Please let us know. Thanks. Ada Clapp Elysium Management LLC 445 Park Avenue Suite 1401 New York, New York 10022 Direct Dial: Fax: Email: 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 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. EFTA00984731