From: Ada Clapp Sent: Monday, April 1, 2013 2:02 PM To: Jeffrey Epstein Cc: Eileen Alexanderson Subject: Re: Hi =effrey, Some of what you ask below was detailed in =he estate flow chart U.S. Trust prepared a few months ago. That =hart needs to be revised in light of additional planning/information. =nbsp;l will ask UST to do that but first I want to take a look at =he underlying fund documents to confirm/ascertain what exactly happens =ith each of the interests upon Leon's death (i.e., are they fully =ested on Leon's death, monetized, etc.). Once I understand what =appens to those interests, I can try to figure out the tax implications =o the various trusts/ Leon's estate. =nbsp; Best, New York NY 10019 phone: IRS Circular 230 =isclosure: Pursuant to IRS regulations, I inform you that =ny tax advice contained in this communication (including attachments) =5 not intended or written to be used, and cannot be used by any person =r entity for the purpose of (i) avoiding tax related penalties imposed =y any governmental tax authority, or (ii) promoting, marketing or =ecommending to another party any transaction or matter discussed =erein. I advise you to consult with an independent tax advisor on your =articular tax circumstances. This =ommunication, and any attachment, is for the intended recipient(s) only =nd may contain information that is privileged, confidential and/or =roprietary If you are not the intended recipient, you are hereby =otified that further dissemination of this communication and its =ttachments is prohibited. Please delete all copies of this =ommunication and its attachments and notify me immediately that =ou have received them in =rror. On Mar 31, 2013, at 5:26 AM, Jeffrey Epstein [email protected]> =rote: ada as the priority, please detail =wnership of the 94million units of apollo. ie brh. =fp. and the tax allocation in the partnership. entity by =ntity and how the shares would be deistribuited to the children.