Speaker 1: What's up everyone, and welcome back to the Epstein Chronicles.
While everybody else is busy talking about a bunch of
bull junk, We're going to continue diving in to the
actual facts of Jeffrey Epstein's life and the bullshit that
he was up to while he was still amongst us
and breathing, And to continue our journey down that sordid path,
We're going to take a look at this scumbag's last
will and testament, The last Will and Testament of Jeffrey
e Epstein. I, Jeffrey e Epstein, a resident and DOMICILARI
of Saint Thomas, United States, Virgin Islands, do make, publish
and declare this to be my will hereby revoking all
prior wills and codices made by me. One, I direct
my executor to pay from my estate all expenses of
my last illness, my funeral and burial expenses, the administration
expenses of my estate, and all of my debts duly
proven and allowed against my estate. Ay, I direct my
executor to pay from my estate as compensation to each
executor for serving as executor here under the sum of
two hundred and fifty thousand dollars to each executor upon
the completion of probate of my estate. No executor shall
receive any other compensation for serving as executor here under, provided, however,
that my executor shall be reimbursed from my estate for
all reasonable costs, expenses, charges, and liabilities incurred or paid
in respect thereto, including fees and expenses of counsel or
any other agents hired by my executor, and my executor
shall not be liable. Therefore, individually B I direct my
executor to pay from my estate the federal and state
transfer taxes described in paragraph B one of Article seventh.
See I direct my executor to pay from my estate
all expenses of storing, insuring, packing, shipping, and delivering my
tangible personal property in accordance with the provisions of Article
second two. I give all of my property, real and personal,
wherever situated after the payments and distributions provided an article
first to the then acting trustees of the nineteen fifty
three Trust created under that certain trust Agreement of the
nineteen fifty three Trust. The Trust Agreement dated August eighth,
twenty nineteen, as the same may be amended from time
to time, to be held in accordance with the provisions
comprising the trust agreement at the time of my death. Three.
I appoint Darren k Endyke and Richard D. Khan to
serve as the executors of my will. If any one
or more of my executors fails to qualify, is unable
or unwilling to serve, or ceases to act, I appoint
Boris Nikolitch as successor executor. If any success or executor
fails to qualify, is unable or unwilling to serve, or
ceases to act, I authorize the last acting executor to
designate his or her successor. Such designation shall be made
by a written instrument delivered to such designated successor executor. Ay.
If my estate must be administered in whole or in
part in any jurisdiction other than the state or territory
of my domicile at the date of my death, and
if my executor is unable or unwilling to serve in
such a jurisdiction, then ilepoint the successor executor of my
estate designated in paragraph A of Article third, as successor
executor in such jurisdiction, only provided that he or she
is able and willing to serve in such jurisdiction. If
no executor or successor executor is able and willing to
serve in such jurisdiction, my executor shall designate a successor
executor to serve in such jurisdiction. Such designation shall be
made by a written instrument delivered to such successor executor.
B No bond or other security shall be required of
any executor and any jurisdiction. See. Any executor may resign
in the manner provided for by the governing statutes of
the state or territory having jurisdiction of the administration of
my estate, or in the absence of such statutory guidance,
by filing a written notice of resignation with the court
having jurisdiction of the administration of my estate. Any executor
who resigns shall not be entitled to any compensation hereunder
for any services rendered as executor prior to his or
her resignation. D. My executor shall not be accountable or
responsible to any person interested in my estate. For the
manner in which my executor in good faith exercises or
declines to exercise any discretionary authority or power of my executor.
My executor shall not be liable for any laws or
depreciation and value occasion by reason of any negligence, error,
or mistake of judgment, in entering in any transaction and
making any sale or investment, in continuing to hold any property,
or by reason or any action or omission, whether by
my executor or any other fiduciary, unless my executor has
acted in bad faith in the absence of proof by
affirmative evidence to the contrary, each executor shall be deemed
to have acted within the scope of my executor's authority,
to have exercised reasonable care, diligence, and prudence, and to
have acted impartially as to all interested persons. An executor
shall not be liable for the acts or defaults of
another executor. Four. The following provisions shall apply to my
estate and to my executor, except as it's otherwise specifically
provided in this will ay. My executor has the entire
care and custody of all assets of my estate. My
executor has the power to do everything my executor in
good faith, deems advisable, without necessity of any judicial authorization
or approval, even though but for this power it would
not be authorized or appropriate for fiduciaries under any statutory
or other rule of law. My executor shall exercise my
executor's best judgment and discretion for what my executor believes
is in the best interests of the beneficiaries here under,
except as otherwise specifically provided in this will. If two
executors are empowered to participate in the decision to exercise
or not to exercise any fiduciary power granted by this
will or by law, such decision shall be made by
such executors, acting unanimously. If more than two executors are
empowered to participate in the decision to exercise or not
exercise any fiduciary power or granted by this will or
by law, a majority of such executors shall be empowered
to make such decisions. Be except as otherwise provided herein,
my executor shall have the power. One to enter upon
and take possession of the assets of my estate, and
collect the income and profits from such assets, and to
invest and reinvest such assets in real, personal or mixed assets,
including the common trust funds of a corporate fiduciary, or
in undivided interests therein, without being limited by any present
or future investment laws. Two to retain all or any
part of the assets of my estate, without regard to
the proportion that any one asset class of assets may
bear to the whole in the form in which such
assets were received or acquired by my executor. Three to
sell or dispose of, exchange, transfer, investor loan, or any
part of the assets of my estate which may at
any time be held by my executor for such sums
or upon such terms as to payment, security, or otherwise,
as my executor determines, either by public or private transactions.
Or to buy and sell options, warrants, puts, calls, or
other rights to purchase or sell, collectively options relating to
any security or securities, regardless of whether such security or
securities are then held by my executor, and whether such
options are purchased or sold on a national securities exchange,
And no exercise with respect to such options all powers
which an individual owner therefore could exercise, including without limitation,
the right to allow the same to expire. Five with
respect to oil, natural gas minerals, and all other natural
resources and rights to and interests therein, together with all
equipment pertaining there too, including without limiting the generality of
the foregoing oil and gas royalties, leases, or other oil
and gas interests of any character, whether owned in fee
as lese, lis or licensee, concessionaire, or otherwise, or a
loan or jointly with others as partner, joint tenant, or
a joint venture in any other non corporate manner. A
To make oil, gas and mineral leases or subleases. B
to pay delay, rentals, lease bonuses, royalties, overriding royalties, taxes, assessments,
and all other charges. C To sell, lease, exchange, mortgage, pledge,
or otherwise hypothecate any and all of such rights and interests.
D To surrender or abandon, with or without consideration, any
or all of such rights and interests. E. To make
farm out, pooling and utilization agreements. F Make reservations or
impose conditions on the transfer of any such rights or interests. G.
To employ the business that gives you the most advantage
in form in which properly to exploit such rights and interests,
whether as corporations, partnerships, limited partnerships, mining partnerships, limited liability companies,
co tenancies, or otherwise exploit any and all such rights
and interests. H To produce, process, sell, or exchange all
products recovered through the exploitation of such rights operations of absorption, reprocessing,
or other processing plants. I To carry any or all
such interests in the name or names of a nominee
or nominee. To delegate, to the extent permitted by law,
any or all of the powers set forth herein to
the operator of such property. End K To employ personnel,
rent office space, buy or lease office equipment, contract and
pay for geological surveys and studies, procure appraisals, And generally,
to conduct and engage in any and all activities incident
to the foregoing powers, with full power to borrow and
pledge in order to finance such activities, together with the
power to allocate between principle and income any net proceeds
received as consideration, whether as royalties or otherwise, for the
permanent severance from the lands of oil, natural gas, minerals,
and all other natural resources. Six To hold all or
any part of the assets of my estate and cash
or in bank accounts, without the necessity of investing the same.
Seven to improve, repair, partition, plat, or subdivide all or
any part of the assets of my estate. Eight To litigate, defend, compromise, settle, abandon,
or submit to arbitration on such terms and conditions as
my executor determined, any claims in favor of or against
my estate or the assets of my estate. All right, folks,
we're gonna wrap up well part one right there. In
the next episode, we're gonna pick up with part two
of Jeffrey Epstein's Will and Testament. All of the information
that goes with this episode can be found in the
description box. What's up, everyone, and welcome back to the
Epstein Chronicles. In this episode, we're gonna pick up where
we left off with Jeffrey Epstein's last Will and Testament.
Number nine. To loan or borrow money in such amounts
and upon such terms and conditions as my executor determines,
assume such obligations, or give such guarantees as my executor
determines for the purpose of the acquisition, improvement, protection, retention,
or preservation of the assets of my estate, or for
the welfare of the beneficiaries of my estate. Number ten.
To carry on for as long and in such a
manner as my executor determines, any business enterprise in which
I owned any interest at my death, either individually or
as a partner member, joint venture, stockholder or trust beneficiary.
To sell such business enterprises as an ongoing business. To consolidate, merge, incumber, dissolve, liquidate,
or undertake any other extraordinary corporate transaction relating to such
business enterprise. Eleven To vote in person or by proxy
any in all stock or securities, and to become a
party to any voting, trust, reorganization, consolidation, or other capital
or debt readjustment of any corporation, association, partnership, limited, liability partnership,
limited liability company, or individual with respect to stocks, securities,
or debts held by my estate. Twelve, except as provided
four in sections twenty and twenty one of this article. Fourth,
to enter into any good faith transactions with any executor
individually or with any corporation, partnership or any other entity
in which any executor has an ownership interests. Thirteen To
purchase from my estate any stocks, bond, securities, real or
personal property, or other assets, or make loans to my estate,
even though the same person or persons occupy the office
of my trustee and the office of the executor of
my estate. Fourteen To lease, mortgage, pledge, grant a security
interest in or otherwise encumber all or any part of
the assets of my estate for any term of years,
whether or not beyond the duration of my estate, including
without limitation, any such action for the benefit of any
of the beneficiaries of my estate. Fifteen to abandon any
property of my estate, real or personal, which my executor
may deem worthless or not sufficient value to warrant keeping
or protecting, To abstain from the payments of taxes, water, rents,
or assessments, and to forego making repairs, maintaining, or keeping
up any such property, And to permit such property to
be lost by tax, sail, or other proceedings, or to
convey any such property for a nominal consideration or without consideration,
so as to prevent the imposition of any liability by
reason of the continued ownership thereof. Sixteen To elect the
mode of distribution of the proceeds payable to my estate
from any profit sharing plan, pension plan, employee benefit plan,
individual retirement plan, insurance contract, or annuity contract pursuing to
the terms of such a plan. Seventeen To allocate, in
my executor's discretion any adjustments to basis provided to my
estate under the provisions of federal and state law with
a respect to property comprising my estate, without any obligation
to make a compensentory adjustment among the beneficiaries here under
on account of such allocation. Eighteen To conduct any audit,
assessment or investigation with respect to any asset of my
estate regarding compliance with any law or regulation having as
its object protection of public health, natural resources, or the
environment environmental laws. To pay from the assets of my
estate to remedy any failure to comply with any environmental law,
even to the exhaustion of all the assets of my estate,
and as may be required in my executor's judgment by
any environmental law. To notify any governmental authority of any past, present,
or future non compliance with any environmental law. And nineteen
to sell to the trustee under the trust Agreement any stocks, bond, securities,
real or personal property, or other assets, or borrow from
the trustee under the trust Agreement, even though the same
person or persons occupy the office of the executor of
my estate and the trustee under the trust Agreement. Twenty,
No executors shall directly or indirectly buy or sell any
property for the estate from or to himself, or from
or to his relative employer, employee, partner, or other business associate.
Number twenty one. No executors shall lend estate funds to
himself or to his relative employer, employee, partner, or other
business associate. See except as otherwise provided herein, My executors
shall have the power to one employee, agents, attorneys at law, consultants,
investment advisors to whom my executor has discretion to delegate
my executor's investment authority and responsibility, other executors, and other
fiduciaries in the administration of my executor's duties. To delegate
to such persons or to one or more of my executors,
the custody, control, or management of any part of my estate,
as my executor determines, and to pay for such services
from the assets of my estate without obtaining judicial authorization approval.
Two To delegate a whole or in part, to any
person or persons, the authority and power to a sign checks, drafts,
or orders for the payment or withdrawal of funds, securities,
and other assets from any bank, brokerage, custody, or other
account in which funds, securities, or other assets of my
estate shall be deposited. B endorse for sale, transfer or delivery,
or sell, transfer or delivery, or purchase, or otherwise acquire
any and all properties, stocks, stock warrants, stock rights, options, bonds,
or other securities whatsoever. See gain access to any safe
deposit box or boxes in which my assets or assets
from my estate may be located, or which may be
in the name of my executor, And remove part or
all of the contents of any such safe deposit box
or boxes, and release and surrender the same. And d
take any other action that my executor may have the
power to take with respect to my estate and the
property thereof. No person or corporation acting in reliance on
any such delegation shall be charged with notice of any
revocation or change of such delegation, unless such person or
corporation receives actual notice thereof. Three to pay any property
distributable to a beneficiary under a legal disability who has
not attained the age of twenty one, without liability to
my executor by paying such property a to such beneficiary,
b for the use of such beneficiary, C to a
legal representative of such a beneficiary appointed by a court, or,
if none, to a relative for the use of such
a benefit or d to a custodian for such beneficiary
designated by my executor, to hold until the age of
twenty one or such earlier age as shall be the
maximum permitted under applicable law. Four To distribute to any
of the beneficiaries of my estate in kind or in cash,
or partly in kind and partly in cash, And to
allocate different kinds or disproportion in shares of assets or
undivided interests in assets among all of such beneficiaries. Five.
To have evidence of ownership of any security maintained in
the records of a Federal Reserve Bank under the Federal
Reserve Book Entry System, no deposit funds in any bank
or trust company, to carry in the name of my
executor or the nominee or nominees of my executor, and
with or without designation a fiduciary capacity, or to hold
the in bearor form securities or other property requiring or
permitting of registration, and to cause any securities to be
held by a depository corporation of which an executor is
a member, or by an agent under a safekeeping contract, provided, however,
that the books and records of my executor shall at
all times show that such investments are part of my estate.
Six to renounce and disclaim, in whole or in part,
and in accordance with applicable law, any assets, interests, rights,
or powers, including any power of appointment, which are payable
to or exercisable by me or my estate, which are
included in my estate or gross estate, or over which
I have any right, title, interest, or power. And seven
to make, execute and deliver any and all such an
instruments in writing as shall be necessary or proper, to
carry out any power, right, duty, or obligation of my executor,
or any disposition whatsoever of my estate, or any asset
of my estate. And to exercise any and all of
the powers incidental or necessary to carry out or to
fulfill the terms, provisions, and purposes of my estate. D
In connection with any insurance policy or annuity on the
life of an executor which is included in my estate,
such executors shall not participate in the division. To exercise
or not exercise any fiduciary power in connection with any
incidents of ownership for such policy or annuity, including without limitation,
any decision to continue, assign, terminate, or convert such policy
or annuity or to name the beneficiary of such policy
or annuity. E. An executor here under may be a
written notice delivered to the other executor declined to participate
in the decision to exercise or not exercise any fiduciary
power granted by this will or by law. F If
an executor is not empowered because of a conflict of interest,
declination to act, or otherwise to participate in the decision
to exercise or not exercise any fiduciary power granted by
this will or by law, then the remaining executor shall
be empowered to make such decision. If no executor is
empowered to participate in such a decision, then the success
or executor of my estate designated in paragraph of Article
third and able and willing to act, shall be in
power to make such a decision. If no executor a
successor executor is empowered to participate in such decision, my
executor may designate a success or executor to serve as
executor of my estate, who shall be empowered to make
such decision, but shall have no other power or authority
of my executor. Such designation shall be by written notice
delivered to such successor executor g except as otherwise specifically
provided in this paragraph G one of this article, and
accept as provided in paragraph G two of this article.
My executor shall allocate receipts and disbursements in accordance with
sound trust accounting principles, and shall have discretion to allocate
receipts and disbursements when the treatment is uncertain under applicable
laws or generally accepted accounting principles in the judgment of
my executor. One accept as otherwise specifically provided in this will,
My executor shall not treat any part of the principal
amount of the proceeds of sale of any asset of
my estate as income distributable two or for the benefit
of any beneficiary entitled two distributions of my income, provided, however,
that my executor shall treat a portion of any proceeds
of sale of any financial instrument originally issued or acquired
at a discount equal to the amount which a has
previously been characterized as ordinary income for income tax purposes,
or b will be characterized as ordinary income for income
tact purposes in the year of such sale as income
for trust accounting purposes. Five. Where a party to proceeding
with respect to my estate has the same interest as
a person under a disability, It shall not be necessary
to serve legal process on person under a disability. Six.
If any beneficiary under the trust shall in any way
directly or indirectly contest or object the probate of my will,
or to the validity of any disposition or provision of
my will or of the trust, or be institute or prosecute,
or be in any way directly or indirectly instrumental in
the institution or prosecution of any action preceding contest, objection,
or claim for the purpose of setting aside or invalidating
my will or the trust, or any disposition therein or
provision thereof, then I direct that a any and all
provisions in the Trust for such beneficiary and his issue
in any degree shall be null and void, and be
my estate, whether passing under my will or the trust,
or pursue into the laws of interostacy, shall be disposed of,
as if such beneficiary and his issue in any degree
had all failed to survive. Me Seven A, as used
here in one, the term executor of a person's estate
means all entities who occupy the office of executor, administrator,
personal representative, or ancillary administrator, while such persons or entities
occupy such office, whether one or more persons or entities
occupy such office at the same times, and include any
successor or successors to that office. The term trustee means
all persons or entities who occupy the office of trustee
under the trust agreement, while such persons or entities occupy
such office, whether one or more persons or entities occupy
the office of trustee at the same time or times,
and includes any successor trustee or trustees. A reference to
a person's estate or a probate a state means that
person's estate which is subject to probate administration. A reference
to a person's will means such person's last will and
testament and any codicil or codicils there too. Two. The
term IRC section means a section of the Internal Revenue
Code of nineteen eighty six, as amended, or the corresponding
provision of any successor Internal Revenue Law as in effect
as of the date of my death. Three. A reference
to any tax also includes any interest or penalties thereon.
A reference to a person's grossest state means such person's
grossest state as finally determined for the purpose of computing
such persons. Federal estate tax four. Whenever the singular number
is used, the same shall include the plural and the
masculine gender. Shall include the feminine and neuter genders. Be
The federal and state transfer taxes which my executor shall
be obligated to pay pursue it to paragraph be of
Article first, shall consist of all federal and state a
state inheritance succession and similar taxes, including any federal or
state generation skipping transfer tax imposed upon my probated state
or by reason of my death. In respect to all
assets which pass under this will or the trust Agreement
subject to paragraph B two of this article, all federal
estate taxes with respect to assets not passing under this
will or the trust Agreement. Such assets as are referred
to as the apportionment assets, and any applicable state and
the state taxes with respect to the apportionment assets, shall
be apportioned among all persons interested in the apportionment assets.
My executor shall make reasonable efforts to collect all federal
estate taxes and state a state inheritance succession and similar
taxes alcable to the apportionment assets from the recipients of
the apportionment assets without changing the apportionment taxes in this
paragraph B one, my executor has discretion, but is not required,
to pay all or part of such taxes alikable to
the apportionment assets. To the extent my executor pays such
taxes aligable to the apportionment assets, my executor shall seek
reimbursement for such taxes from the recipients of the apportionment assets.
My executor shall not be personally liable for any such taxes.
If my executor is unable with reasonable efforts to collect
payments or reimbursement from any recipient of the apportionment assets
for any or all of such time taxes aligable to
such assets. One, my executor has discretion to direct the
trustee of the trust Agreement to pay all or any
portion of the taxes which my executor is directed or
obligated to pay, pursuing to paragraph B of Article first
and paragraph B pursuant to a written direction delivered to
the trustee under the trust Agreement, any taxes which my
executor directs the trust d under the Trust Agreement to
pay shall be allocated and paid from the trust under
the Trust agreement has provided under the trust Agreement. See
except as otherwise specifically provided in this will, a bequest
or devise to any individual who does not survive me
shall lapse, notwithstanding any law to the contrary, d to
the extent that the distribution to the trustee under the
property real and personal, wherever situated, after the payments and
distributions provided in Article first to the person or persons
named as trustee or trustees under the trust Agreement be
to held in trust under this will, in accordance with
the provisions comprising the Trust Agreement in the time of
my death, which provisions are incorporated in this will, by
reference in witness whereof I have duly executed this will
this eighth day of August twenty nineteen, and this was
signed by Jeffrey Epstein. All right, folks, that's going to
do it for Jeffrey Epstein's will. But have no fear.
I have a ton more to go through. We have
court documents out the law Zoo when it comes to
Jeffrey Epstein, and we're gonna get them all added to
the catalog. But until then, all of the information that
goes with this episode can be found in the description box,