EFTA02644729

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From: jeffrey E. <[email protected]> Sent: Sunday, July 2, 2017 1:15 PM To: Valeria Chomsky Subject: Re: taxes Understood entirely On Sun, Jul 2, 2017 at 2:47 PM Valeria Chomsky ro=e: The Wellfleet house was a house No=m bought for the Summer time in the 1970s. Where Noam would spend ti=e writing. The house was transferred to his children's name and =ransformed into an LLC. The family gathers there in the Summer.Q=A0 Noam was paying $50,000 annuallyas a rent fee for the house, but we wer= staying only one or two weeks there. And considering all our situation, o=r new lawyer recommended to stop these payments immediately. <=iv> I asked Noam and he is confirming that all the Trusts, e=en the ones established under Carol's name were funded with his money.=/div> The girls have jobs, but according to Noam, they =on't make enough from their jobs. But they live very comfortable lives= Travels, etc. It seems they complement their income wi=h investments from money that Noam has given them along the years, includi=g annual distributions. Noam bought them their houses. Helped them with ho=se renovations. When one of the daughters divorced, Noam gave the daughter=' spouse a house, as part of the divorce agreement. Used to pay for ai=line tickets, etc. There are copyright of books in their names of in=their own trusts. The son doesn&=39;t work. His wife doesn't work either. They have a wonderful boy who=has autism and we were paying his medical expenses. But