EMAIL DETAILS

Eric D. Schwerin
Rosemont Seneca Advisors, LLC
2900 K Street, NW
Suite 507
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
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> Begin forwarded message:
>
> From: Eric Schwerin <eschwerin@rosemontseneca.com>
> Subject: Proposal
> Date: March 8, 2017 at 5:08:13 PM EST
> To: Hunter Biden <hbiden@rosemontseneca.com>
>
> Per our conversation, here are the outlines of what we discussed.
>
> 1) A floor of spousal support of $15,000 a month and Child Support of $10,000 a month. (Which would require approximately $420,000 of income a year for that alone. And recall that the $15K a month is pre-tax to Kathleen so she would net approx. $9.75K a month after tax.)
>
> 2) A certain percentage of your salaried income via Owasco, P.C. or an equivalent percentage from any one-time “windfall” payments from Owasco, LLC up to a ceiling of $40K a month.
>
> 3) Once Kathleen hits $40K a month and once the tax debts from 2014, 2015 and 2016 are paid off by you, she is entitled to a certain percentage of any windfall payments paid to you via Owasco, LLC.
>
> 4) You both agree to sell the Loughboro house within six months (to get through the school year) and 50% of the proceeds should be dedicated to payment of tax debts to 2014, 2015 and 2016 and the remainder should go to Kathleen. (That would give you approx. $300K to dedicate to taxes and Kathleen a “nest egg” of $300,000 to use for a down payment on a house or to draw down from as additional spousal support until the point that your income can increase.)
>
> 5) Kathleen gets the Lake House, will pay all expenses and mortgages related to it and can keep or sell it. If she sells it a percentage of proceeds can be given to her family in recognition of the their support over the years.
>
> House Values:
>
> Loughboro - $1.563m in Mortgages (first and second)
> $ 2.2m Appraisal Value on Zillow
> Equity = $637,000
>
> Lake House- $471,334 in Mortgages (first and second)
> $620,382 Appraisal Value on Zillow
> Equity = $149,048
>
>
>
> Eric D. Schwerin
> Rosemont Seneca Advisors, LLC
> 2900 K Street, NW
> Suite 507
> Washington, DC 20007
> (202) 333-1880
> eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
> P Consider the environment before printing this email.
>
> WE’VE MOVED: PLEASE NOTE OUR NEW ADDRESS ABOVE
>