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HOUSE_OVERSIGHT_023354

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HOUSE OVERSIGHT 023354 rationalized, not only having brad step in to children investments. gift taxes, trust, loans, notes. payables. expenses allocations . . , insurance.( life, art, split dollar), cashflows, operating biz„ investments, contingent liabilitiites.( funds , miami ) , commitments funds and charities, dividend treatment -important review of transcations relating to BRH ( amendments) TRA sale ( nuanced ) , shareholder agreements, bank loan agreements new bank relationships. . wills, construction accounting and oversite , contracts planning permits etc. .employee rules, regs, . checking account reconciliations, crediti cards. jewelry, cost basis ,( art stock etc.) foundations regs , brokerage accts, . stock options,( ie environmental solutions still not done !). estate tax calcualtion firedrill, ( note ,basis etc ) review of boat expenses plane expenses, depreciation issues refunds etc. . rationalize all outside counsels and accounting firms Paul Weisss , Mcdermit Will, Macfarlanes. Price Waterhouse , Reich, withers bergman, Empire„ akin gump, bbd seidman„ Apollo in house counsel. set up and oversee brokerage accounts at JPM DB GS and thoughfullly trade . new IT system from top to bottom full time IT person new accounting system - on- line banking cooridnated with reports . fire drills as per caruci ( he sounds good ) and. audit system,s . review of john murphy? joslin? dag? eva?. in house, review household ( 12million ) review, filings- partnerhip accounting,- familitarity with grats, trusts etc . audit system put in place. that should be the easy part. then strategy re: As new facts on the ground develop, phaidon debra, children meeetings, involvment, trustees adjusted, stock sale sale of art„ apt( large gain ), 1031 trade in, plane depreciation, boat sale. construction, brad will oversee brokerage and investment, ?? pe?. real estate?, . publishing, grats, tra, brh ( death). foundation, museum, tax proejctions cash flow projections,

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