From: McCaffrey, Carlyn < Sent: Tuesday, December 18, 2012 1:29 PM To: Jeffrey Epstein Cc: Kirschner, Elyse; Eileen Alexanderson Subject: RE: Re: If the ot=er children are beneficiaries, we would have a reciprocal trust problem =p class=MsoNormal style=imargin-left:Sin'>Carlyn S. McCaffrey I Partner McDermott Will & Emery LLP I 340 Madiso= Avenue, New York, NY 10173 I www.mwe.com <http://www.mwe.com> Jeffrey Epstein [mailto:[email protected] Sent: =uesday, December 18, 2012 8:27 AM To: McCaffrey, Carlyn Su=ject: Re: <=o:p> I thought that=each child could have the other three as benef , not debra &nbs.; , can you send another co-vel letter I cannot locate t=e first either On Tue, Dec 18, 201= at 9:22 AM, McCaffrey, Carlyn < <mailto > wrote: =p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt=auto5I've asked Darren to send me a copy of the letter you already=signed so I can modify it. We can't seem to find it. We are worki=g on the children's trust agreements. &=bsp; The plan so far is to have distrib=tions made to the two younger children from their individual trusts. =They will use those funds to fund their new trusts. The two older on=s will use portions of the notes that were issued to them from their indiv=dual trusts. Because those notes would not make very good investment= for long term, multi-generational trusts, we expect that the notes will b= paid off when they are held by the trustees of the new trusts. We expec= that Leon and Debra will be trustees. Leon will be an independent trustee= EFTA_R1_01727146 EFTA02563790