To: Jeffrey Epstein[jeevacation©gmail.com] From: Eileen Alexanderson Sent Fri 8/17/2012 6:28:10 PM Subject: RE: I am on a conf call with Alan Halperin now, will be back to you shortly From: Jeffrey Epstein [mailto:jeevacation@igmail.com] Sent: Friday, August 17, 2012 1:57 PM To: Eileen Alexanderson; Melanie Spinella Subject: to make a gift , you have to have a property right in it. the future income right, is questionalble , the income tax issues, seperate from the gift and transfer tax issues are also complex as gifting incentive fee income is extremely fact specific control etc. *********************************************************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacationegmail.com and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00306080 EFTA01888325