From: Valeria Chomsky To: "Jeffrey E." <[email protected]> Subject: Fwd: query - IP related Date: Sun, 08 Oct 2017 19:14:59 +0000 FYI. Forwarded message From: Deborah Pechet Quinan Date: Sun, May 8, 2016 at 9:34 AM Subject: Re: query To: Noam Chomsky Cc: Valeria Chomsky Dear Noam, There is still a need for a QDOT for Massachusetts estate tax purposes ($1M exemption) and because of your lifetime federal taxable gifts, which are added back to your federal and Massachusetts estates to calculate whether you are above or below the federal and state exempt amounts. I don't have the numbers in front of me; but all that being said the QDOT should only fund to the extent necessary to defer all estate taxes until Valeria's death if she survivors you. I'll confirm how this works against your assets and lifetime taxable gifts; but will also need the valuation for the Who Rules The World rights that you have just assigned to Valeria for the final analysis. Valeria, Happy Mother's Day!! All my best to you both, Deborah Sent from my iPhone. Please excuse brevity and typos. On May 7, 2016, at 12:07 PM, Noam Chomsky > wrote: An additional question, for when we will have a chance to discuss this. My understanding is that if my estate is under the exempt amount then I can leave as much as I want to Valeria without federal estate tax. In that case, why is there any need for a Qdot for Valeria? Noam Forwarded message From: Deborah Pechet Quinan Date: Wed, May 4, 2016 at 11:37 AM Subject: RE: query To: Noam Chomsky < >, Valeria Chomsky < Noam and Valeria, EFTA00996566