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EFTA02619751

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From: 1 <[email protected]> Sent: Sunday, October 14, 2018 8:09 PM To: Noam Chomsky; Valeria Chomsky Subject: Some minor edits II am sure lam not the only person who has worked hard all his life, ensured that his family is well cared for while he is alive and after his death, and entrusted his own personal financial affairs to a trust and estate lawyer, expecting to spend his final years without concerns about these matters. I will relate my own experiences with my former lawyer, A. Max Kohlenberg, a partner of the firm Howland Evangelista Kohlenberg, LIP. Perhaps these experiences may provide a lesson for others. When my first wife died in 2008, I was 80 years old. I knew that my children and grandchildren were well cared for, with trusts and other investments that I had already set up for them, and with valuable property that had been transferred them. After my first wife's death, having no financial expertise and no wish to pay attention to my personal financial affairs, I retained an estate lawyer. I assumed that it would not be problematic, having been a full professor at MIT for many years, with investments in a pension account . I entrusted my affairs completely to Mr. Kohlenberg and to an investment firm (Bainco) with which he had close connections. I resigned from my position as trustee of a Marital Trust that my first wife and I had set up earlier with the intention that it be available to the survivor of the two of us, and would then pass on to our children after the survivor's death. I asked my son Harry to replace me as trustee, along with Mr. Kohlenberg as co- trustee. In 2014 I remarried and accordingly began to think about a new future. I was greatly distressed to find out that I faced serious financial problems. I learned that my only stable sole source of income was an IRA, which was being depleted by distributions to family along with taxes and management fees for the whole estate, encompassing the entire mandatory wit

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