EFTA00706211.pdf

From: Eileen Alexanderson To: Ada Clapp CC: Jeffre E stein <*eevacation a mail.com>, Richard Joslin Subject: Re: Meeting with Ralph Date: Fri, 10 Jan 2014 00:24:31 +0000 I will confirm timing of first rent payments tomorrow. Sent from my iPhone On Jan 9, 2014, at 4:55 PM, "Ada Clapp" <=illi cmailto:a> wrote: As a Follow up to our meeting with Ralph today: • Elizabeth checked the invoices and confirmed that the works of art held in the LDB 2011 LLC trusts were all purchased by the trusts directly (so with trust assets). In each case, the works were purchased many years after the trusts were created (I do not know if there was a later funding), the earliest art purchase being in 2000. • Elizabeth will try to find documentation telling us when the first rental payments were made. My files go back only to 2011 on this issue. When I have the answers above, I will call Ralph and remind him to send the "Bill of Sale" agreement he prepared for Leon. Ada Clapp Black Family Partners 445 Park Avenue New York, New York 10022 Direct Dial: Fax: Email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used, by any person or entity for the purposes of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) proposing, marketing or recommending to another party any transaction or matter discussed herein. I advise you to consult with an independent tax advisor on your particular tax circumstances. This communication and any attachment is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary. If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. Thank you. EFTA00706211 This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you have received this email in error please contact the sender and delete the material from any computer. Apollo Global Management, LLC EFTA00706212