From: Barry J. Cohen Sent: Saturday, August 5, 2017 9:28 PM To: Jeffrey E. Subject: hopefully helpful These are all things we are trying to think about. Our new internal guy is=great, but he doesn't bring solutions with him because, like you say, no o=e is quite like Leon. Since he just joined us, we're starting certain plan=ing work later than we would like. EY is good but they are better at answering questions than providing proact=ve planning advice. And I am finding them a little slow. Your derivatives financing idea is a good one. Who would be a good person t= talk to about it? Justin at JPM? Sent from my iPhone On Aug 5, 2017, at 10:49 AM, jeffrey E. <[email protected]<[email protected]» wrote: barry, perfect example of what i have been trying to explain. without c=ntext the question makes little sense. ex if all is income is ordinam selling things at a loss does nothing . however if he is gettin= more capital gains next year. you miight generate losses and carry them =orward or back. if we think the tax rates will change we might create f=ctiioous gains. and use the loss but have a higher basis for next year. = if the loss in on the trust side , it is a benefit to the future tax of=the children. sorry to be so long winded but at least i am consistant=:) On Sat, Aug 5, 2017 at 10:39 AM, Barry 1. Cohen .1 -rt» wrote: One problem is that we want Leon to tell us what art he is interested in se=ling. I don't think he can do that. We should tell him whether we want him=to sell either his gains or his losses and why. Sent from my iPhone On Aug 5, 2017, at 10:30 AM, jeffrey E. <[email protected]<mailto:[email protected]><mailto:[email protected]<mailto:[email protected] om=» wrote: there has been little if any proper planning for tax this year and next. = this needs to be done after the program and materials are put in form On Sat, Aug 5, 2017 at 9:13 AM, Barry J. Cohen > wrote: I hear you. There is no blue