The document outlines the estate planning activities of Leon D. Black, focusing on the creation and management of Grantor Retained Annuity Trusts (GRATs) in 2006 and 2007. It details the transfer of interests in various Apollo entities to these trusts and the subsequent restructuring activities involving Black Family Partners, L.P. (BFP). The document also covers the creation of LBF Holdings, LLC, the roll-up of interests into Apollo Management Holdings, L.P., and the formation of BFP. It further describes the creation of additional GRATs in 2007, the assignment of interests to BFP, and the Apollo restructuring in 2007. The termination of the 2006 and 2007 GRATs and the creation of a new GRAT in 2009 are also discussed.
documents/EFTA01144684.pdf
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