This memorandum explains the principal provisions of the draft Will and Revocable Trust Agreement prepared for Leon Black, including the estate planning decisions and anticipated tax consequences. It outlines the structure and purpose of the Revocable Trust Agreement, the provisions of the Will, and the roles of executors and trustees. The document also discusses tax considerations related to estate, gift, generation-skipping transfer, and income taxes.
documents/EFTA01127910.pdf
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