This document is a trust agreement for the Butterfly Trust, established by Jeffrey E. Epstein as Grantor, with Darren K. Indyke and Richard Kahn as Trustees. The trust is irrevocable and governed by the laws of the United States Virgin Islands. It outlines the transfer of property to the Trustees, the discretionary powers of the Trustees, and the terms for adding or removing beneficiaries. The trust is set to terminate 21 years after the death of the last survivor of the Grantor and Ghislaine N. Maxwell, with remaining assets to be paid to Epstein Interests. The document includes provisions for the administration and management of the trust assets, as well as the exoneration of Trustees from certain liabilities.
documents/vol00010-efta01295377-pdf.pdf
{"title":"Butterfly Trust Agreement","key_people":["Jeffrey E. Epstein","Darren K. Indyke","Richard Kahn","Ghislaine N. Maxwell","Harry Beller"],"document_date":"2006-12-27","document_type":"property","key_locations":["United States Virgin Islands","State of New York"],"document_subtype":"Trust Agreement","key_organizations":["Butterfly Trust","Epstein Interests"],"reference_numbers":["26-6639711"]}