The document outlines the creation and management of various Grantor Retained Annuity Trusts (GRATs) by Leon D. Black for estate planning purposes. It details the transfer of interests in Apollo entities to these trusts and the subsequent restructuring involving Black Family Partners, L.P. (BFP). The timeline includes the creation of GRATs in 2006 and 2007, the formation of LBF Holdings, LLC, and the restructuring of Apollo entities. Key steps include the assignment of interests, valuation by Empire Valuation Consultants, and the termination of GRATs with transfers to family trusts.
documents/EFTA01127300.pdf
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