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This file contains: Memo from Frank DeMarco to John Dean III. RE: RMN Estate Plan- Need for immediate "stop-gap" will. 2 pgs. Duplicate not scanned. [Memo], 4/10/1972 Letter from Christopher O'Sullivan to Mrs. Ann Harvey, Assistant to Herbert Kalmbach, returning Mr. DeMarco's power of attorney. 2 pg. [Letter], 11/26/1971 Letter from John Ehrlichman to Herb Kalmbach. 8 pg including attachments. [Letter], 12/27/1971 Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. [Memo], 7/19/1971 Memo from Dwight Chapin to H.R. Haldeman concerning the purchase of property. 1 pg. Attached to previous. [Memo], n.d. Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. Attached to previous. [Memo], 6/28/1971 Memo from Ken Cole to Rose Woods concerning a donation to Art Fletcher and the United Negro College Fund. 1 pg. [Memo], 12/6/1971 Thank you letter from Richard Nixon to Alvin Moscow. 1 pg. [Letter], 7/18/1974 Letter from Alvin Moscow to Rose Woods concerning Watergate. 1 pg. Attached to previous. [Letter], 6/18/1974 Memo from Rose Mary Woods to Roland Elliott. 1 pg. [Letter], 7/15/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 6/18/1974 Letter from Phyllis Jackson to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 6/10/1974 Letter from Agnes Waldron to Phyllis Jackson concerning royalties from "Six Crises." 2 pgs. [Letter], 6/7/1974 Letter from Agnes Waldron to Phyllis Jackson concerning royalties from "Six Crises." 2 pgs. [Letter], 5/23/1974 Letter from Agnes Waldron to Alvin Moscow concerning royalties from "Six Crises." 1 pg. [Letter], 5/23/1974 Memo from Dick Hauser to Agnes Waldron. Subject: Royalties to Alvin Moscow. 1 pg. [Memo], 5/23/1974 Letter from Alvin Moscow to Rose Mary Woods concerning royalties from "Six Crises." 1 pg. [Letter], 5/22/1974 Letter from J. Fred Buzhardt to Loie Gaunt concerning royalties from "Six Crises." 1 pg. [Letter], 5/22/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 3/5/1974 Memo from Richard Hauser to Agnes Waldron. Subject: Alvin Moscow- Six Crises. 3 pgs. [Memo], 2/27/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 2/1/1974 Letter from Phyllis Jackson to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 1/30/1974 Letter from Agnes Waldron to Alvin Moscow concerning royalties from "Six Crises." 1 pg. [Letter], 12/7/1973 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 11/30/1973

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26126392
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WHSF: Returned, 17-2
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26126392
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WHSF: Returned, 17-2
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This file contains: Memo from Frank DeMarco to John Dean III. RE: RMN Estate Plan- Need for immediate "stop-gap" will. 2 pgs. Duplicate not scanned. [Memo], 4/10/1972 Letter from Christopher O'Sullivan to Mrs. Ann Harvey, Assistant to Herbert Kalmbach, returning Mr. DeMarco's power of attorney. 2 pg. [Letter], 11/26/1971 Letter from John Ehrlichman to Herb Kalmbach. 8 pg including attachments. [Letter], 12/27/1971 Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. [Memo], 7/19/1971 Memo from Dwight Chapin to H.R. Haldeman concerning the purchase of property. 1 pg. Attached to previous. [Memo], n.d. Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. Attached to previous. [Memo], 6/28/1971 Memo from Ken Cole to Rose Woods concerning a donation to Art Fletcher and the United Negro College Fund. 1 pg. [Memo], 12/6/1971 Thank you letter from Richard Nixon to Alvin Moscow. 1 pg. [Letter], 7/18/1974 Letter from Alvin Moscow to Rose Woods concerning Watergate. 1 pg. Attached to previous. [Letter], 6/18/1974 Memo from Rose Mary Woods to Roland Elliott. 1 pg. [Letter], 7/15/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 6/18/1974 Letter from Phyllis Jackson to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 6/10/1974 Letter from Agnes Waldron to Phyllis Jackson concerning royalties from "Six Crises." 2 pgs. [Letter], 6/7/1974 Letter from Agnes Waldron to Phyllis Jackson concerning royalties from "Six Crises." 2 pgs. [Letter], 5/23/1974 Letter from Agnes Waldron to Alvin Moscow concerning royalties from "Six Crises." 1 pg. [Letter], 5/23/1974 Memo from Dick Hauser to Agnes Waldron. Subject: Royalties to Alvin Moscow. 1 pg. [Memo], 5/23/1974 Letter from Alvin Moscow to Rose Mary Woods concerning royalties from "Six Crises." 1 pg. [Letter], 5/22/1974 Letter from J. Fred Buzhardt to Loie Gaunt concerning royalties from "Six Crises." 1 pg. [Letter], 5/22/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 3/5/1974 Memo from Richard Hauser to Agnes Waldron. Subject: Alvin Moscow- Six Crises. 3 pgs. [Memo], 2/27/1974 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 2/1/1974 Letter from Phyllis Jackson to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 1/30/1974 Letter from Agnes Waldron to Alvin Moscow concerning royalties from "Six Crises." 1 pg. [Letter], 12/7/1973 Letter from Alvin Moscow to Agnes Waldron concerning royalties from "Six Crises." 1 pg. [Letter], 11/30/1973
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Richard M. Nixon's Returned Materials Collection
Returned White House Special Files
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26126392
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This archival description was reviewed and not revised as part of the NARA reparative description initiative on October 31, 2023. The word “Negro” used in the Title was determined to be part of the name of an organization. Original archival records have not been altered.
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Richard Nixon Presidential Library White House Special Files Collection Folder List Box Number Folder Number Document Date Document Type Document Description 17 2 04/10/1972 Memo Memo from Frank DeMarco to John Dean III. RE: RMN Estate Plan- Need for immediate "stop-gap" will. 2 pgs. Duplicate not scanned. 17 2 11/26/1971 Letter Letter from Christopher O'Sullivan to Mrs. Ann Harvey, Assistant to Herbert Kalmbach, returning Mr. DeMarco's power of attorney. 2 pg. 17 2 12/27/1971 Letter Letter from John Ehrlichman to Herb Kalmbach. 8 pg including attachments. 17 2 07/19/1971 Memo Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. 17 2 n.d. Memo Memo from Dwight Chapin to H.R. Haldeman concerning the purchase of property. 1 pg. Attached to previous. 17 2 06/28/1971 Memo Memo from Ronald Walker to H.R. Haldeman via Dwight Chapin. RE: "The Milhous Home" Jennings County, Indiana. 1 pg. Attached to previous. Monday, May 18, 2009 Page 1 of 4 Box Number Folder Number Document Date Document Type Document Description 17 2 12/06/1971 Memo Memo from Ken Cole to Rose Woods concerning a donation to Art Fletcher and the united Negro College Fund. 1 pg. 17 2 07/18/1974 Letter Thank you letter from Richard Nixon to Alvin Moscow. 1 pg. 17 2 06/18/1974 Letter Letter from Alvin Moscow to Rose Woods concerning Watergate. 1 pg. Attached to previous. 17 2 07/15/1974 Letter Memo from Rose Mary Woods to Roland Elliott. 1 pg. 17 2 06/18/1974 Letter Letter from Alvin Moscow to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. 17 2 06/10/1974 Letter Letter from Phyllis Jackson to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. 17 2 06/07/1974 Letter Letter from Agnes Waldron to Phyllis Jackson concerning roylaties from "Six Crises." 2 pgs. Monday, May 18, 2009 Page 2 of 4 Box Number Folder Number Document Date Document Type Document Description 17 2 05/23/1974 Letter Letter from Agnes Waldron to Phyllis Jackson concerning roylaties from "Six Crises." 2 pgs. 17 2 05/23/1974 Letter Letter from Agnes Waldron to Alvin Moscow concerning roylaties from "Six Crises." 1 pg. 17 2 05/23/1974 Memo Memo from Dick Hauser to Agnes Waldron. Subject: Royalties to Alvin Moscow. 1 pg. 17 2 05/22/1974 Letter Letter from Alvin Moscow to Rose Mary Woods concerning roylaties from "Six Crises." 1 pg. 17 2 05/22/1974 Letter Letter from J. Fred Buzhardt to Loie Gaunt concerning roylaties from "Six Crises." 1 pg. 17 2 03/05/1974 Letter Letter from Alvin Moscow to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. 17 2 02/27/1974 Memo Memo from Richard Hauser to Agnes Waldron. Subject: Alvin Moscow- Six Crises. 3 pgs. Monday, May 18, 2009 Page 3 of 4 Box Number Folder Number Document Date Document Type Document Description 17 2 02/01/1974 Letter Letter from Alvin Moscow to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. 17 2 01/30/1974 Letter Letter from Phyllis Jackson to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. 17 2 12/07/1973 Letter Letter from Agnes Waldron to Alvin Moscow concerning roylaties from "Six Crises." 1 pg. 17 2 11/30/1973 Letter Letter from Alvin Moscow to Agnes Waldron concerning roylaties from "Six Crises." 1 pg. Monday, May 18, 2009 Page 4 of 4 MEMORANDUM April 10, 1972 TO: John W. Dean, III FROM: Frank DeMarco, Jr. RE: RMN Estate Plan - Need for Immediate "Stop-gap" Will Pending finalization of the revised estate plan, we recommend the execution of a new temporary or stop-gap Will to remedy the problems which are apparent should the testator die with the existing New York Will in effect. Basis structure would be as follows: I. Declare California residency. A. This reaffirms the fact of California residency as heretofore evidenced by California voting registration. B. Claimed California residency has been the basis for no income tax liability under New York law since 1969. C. Declaration of New York residency in existing Will would subject the estate to a New York inheritance tax as well as a California inheritance tax on certain portions. II. Do not attempt to classify status of property as "separate", "quasi-community" or "community" in Will. Merely recite Will as intending to pass all property. III. Disposition of the entire estate, depending upon the testator's wishes as of now, can be by means of either of the following two options: A. Create usual California marital deduction type Will, with a marital trust and a residual trust. 1. Value of one-half husband's separate property and equivalent value of one-half interest in the quasi-community and community property passes to wife's trust, with income to her for her life with powers of inva- sion of corpus for her needs and with the balance, at her death, as she appoints in her Will. 2. Value of one-half husband's separate property and equivalent value of one-half interest in quasi- community and community property passes to the residual trust exclusively for charitable purposes. (Fund this trust with nonsensitive papers.) B. Create two trusts, substantially as in paragraph A above, but providing, however, that wife has no testamentary power over any portion of the marital trust, and at her death, income to the two daughters for their respective lives, and upon their respective deaths, to their children outright free of trust. Note: Gift Tax Consequences. No marital deduction allowed under these circumstances. Value of wife's share of community property will be a taxable gift to husband's estate, payable at husband's death. IV. A new executor should be named. Preferably a California resident to avoid bonding problems. Should also be someone familiar with Presidential Papers, as it will be necessary to segregate papers as between "sensitive" and "nonsensitive". (H. R. Haldeman still qualifies as a California resident under the Code, since he is temporarily away from the state in governmental service.) V. Terminate all existing joint tenancies. It is to be emphasized that the foregoing does not constitute our recommendation for the overall estate plan, but merely as a temporary measure to cure obvious pitfalls in the event of an untimely death prior to finalization of the estate plan. It File under De marco, Frank X C.F.ppia PP13 Key Biscayne Bank JL PR5 AND TRUST COMPANY DIRECTORS KEY BISCAYNE, FLORIDA 33149 ROBERT ABPLANALP WALTER ETLING November 26, 1971 FRANK B. RACKLEY CHARLES G. REBOZO THOMAS H. WAKEFIELD Mrs. Ann Harvey Administrative Assistant to Herbert W. Kalmbach Suite 900, Newport Financial Plaza x 550 Newport Center Drive Newport Beach, California 92680 Dear Mrs. Harvey: We are returning Mr. DeMarco's power of attorney. Would you kindly have President Nixon sign where indicated. Very truly yours, Such Christopher O'Sullivan Vice President COS/cb Enclosures signed 1/10/72 RECEIVED NOV 301971 RECEIVED KALMBACH, DeMARCO, KNAPP & CHILLINGWORTH JAN 1 1 1972 LAW OFFICES CENTRAL FILES POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, That'de hereby constitute. Frank De Marco Jr. " true and lawid attorney 101 DE and 1A my name: to Craw N4R will draver checks, drafts, 00.72, of other orders for the payment of money from my account ID the Key Biscayne Bank & Trust Co indorse checks. notes. all. certificate asserments owner OF had by me for deposit in said account or int collection or discount by sall barn: L. or other instruments payable at said bank. to waive demand, protect and notice of protest and discribed of and other instrument nouse. drawn. or indorsed by me, or on my i hereby authorize hinor, receive or pay all such instruments signed in accordance with the 100 soing AUTHORITY even though AND pid ACORD or renumed by him for cashing. or delivered. or used in payment of the individual origation .: such to his personal are unt, and said bank shall not be required to inquire as to the cusumations of the or in accordance with the foregoing authority. or the application. or disposition of such restrument, or the process owned In consideration of the recognition of this power of attorney by 1 hereby agent for representatives to indemnify and save harmless the said from ANY loss or damage that it way austals. th whing 'so spparent authority of this power after its remination. by operation of isw or otherwise, but before scinal notice turned is receive the said and such of in departments. offices. branches. was may be conserned. The following is & specimen of the handwriting and form of signature to be used it the TOYORK Richard WL. Nilxon By Fronk De Autority-in WITNESS my hand and aral this day of Justil 200 Witnessee My C.F. PP13-9 December 27, 1971 Dear Herb: Attached is the proposed Estate Plan prepared by Mudge, Rese, Guthrie & Alexander. Once you have had an opportunity to review it, I'd appreciate having your thoughts. Best personal regards and best wishes for a happy holiday season. Yours sincerely, John John D. Ehrlichman Assistant to the President for Demestic Affairs Mr. Herb Kahnbach Kalmbach, DeMarco, Knapp & Chillingworth 550 Newport Center Drive Newport Beach, California 92660 Attachment 5 SUMMARY The following is a summary of the attached Memorandum of Estate Plan. Five documents will be executed: 1. An Irrevocable Literary Trust. This trust will be created by the President and will be the depository of all memorabilia, papers, recordings, films, etc. ("materials") prepared by or for members of the Administration other than the President and Mrs. Nixon. This trust will also ultimately receive the "materials" of the President and Mrs. Nixon from the Revocable Literary Trust. 2. A Revocable Literary Trust. This trust will be created by the President and Mrs. Nixon and will be the depository for all "materials" prepared by or for the President or Mrs. Nixon. It will be revocable only by the joint action of the President and Mrs. Nixon. 3. A Free Assets Trust. This trust will be created by the President and Mrs. Nixon and can be revoked during their joint lives by either of them. All or substantially all of the assets other than "materials" will be transferred to this trust and will provide for the support of Mrs. Nixon, if she survives the President, and for Patricia and Julie after her death. It will also include pro- visions for the maintenance of the San Clemente home. A problem exists as to the sufficiency of assets to carry out the wishes of the President as to the San Clemente home. (See p. 2 of attached Memorandum, heading "Problem") This should be discussed with the President. 4. A Will for the President and a Will for Mrs. Nixon. These Wills will bequeath any of the President's or Mrs. Nixon's "materi- als" not previously transferred to the Revocable Literary Trust to the Irrevocable Literary Trust upon their respective deaths. All other assets will be devised and bequeathed to the Free Assets Trust. 5. The following items are left open in the Memorandum for consideration by the President: A. Who are to be the Trustees of the Irrevocable Literary. Trust? B. Who are to be the Trustees of the Revocable Literary Trust? C. The President will be Trustee of the Free Assets Trust. Mr. Rebozo will be his successor. Successors to Mr. Rebozo should be named. D. Who are to be the Executors of the President's and Mrs. Nixon's Wills? E. Does the President wish to leave any legacies to Patricia, Julie or any other persons, e.g., Rose Mary or the Sanchezes? F. Does Mrs. Nixon wish to leave any legacies (jewelry, etc.) 6. A Flow Chart is attached. ESTATE PLAN Disposable Assets A. Materials consisting of memorabilia and papers, recordings, films, etc., prepared by or for the President or Mrs. Nixon. B. Materials prepared by or for other members of the Administration. Commitments are to be made to permit the President to dispose of these materials as he desires. C. "Free" assets, as follows: Real Estate San Clemente Property $380,000 Other 450,000 $830,000 Cash or Equivalent Bank Deposits, Savings Bonds and Receivables $310,000 Face Value of Life Insurance 210,000* 520,000 Tangible Personal Property Office Furniture $ 6,000 Furniture at San Clemente 55,000 61,000 Gross free assets $1,411,000 Liabilities Mortgage on San Clemente Property $305,000 Other Debt 220,000 (525,000) Net free assets $ 886,000 In addition, Mrs. Nixon will be entitled to receive an annuity from the Government which, under present law, is set at $20,000 a year. * Including $90,000 of term insurance which may at some time be terminated because of excessive cost. 2 Objectives A. All materials are to be sorted, classified and, where necessary, destroyed, in accordance with directions from the President and with a view toward the eventual permanent deposit of those materials not destroyed at a Presidential library. No persons other than those selected by the President, or through procedures approved by him, should be in a position to participate in or interfere with the processing and disposition of materials. B. All of the free assets are, upon the President's death, to be held in trust for the benefit of Mrs. Nixon and, after her death, for Patricia and Julie. The San Clemente residence or a substitute home of the same standard is to be maintained for Mrs. Nixon. Mrs. Nixon is also to be provided with an annuity in an amount sufficient to provide her with a pre-tax income of $36,000 annually, after taking into account her statutory annuity of $20,000 as the President's widow. Estate and Inheritance Taxes As indicated, all of the materials are to be committed to the Presidential library and, upon the death of either the President or Mrs. Nixon, all of the free assets are to be held for the benefit of the survivor. With such a dispositive scheme, as long as the value of certain of the materials exceeds the value of all of the free assets and if certain technical require- ments of the estate tax law are satisfied, there will be no federal or California estate or inheritance taxes payable upon the death of the first to die as between the President and Mrs. Nixon. It is felt safe to assume that the above conditions will be satisfied. Problem as to Disposition of Free Assets The net value of the free assets is approximately $886,000, slightly less than one-half of which is represented by the value of the San Clemente residence and its furnishings. Thus, if San Clemente is to be retained, even with a no-tax estate, the free assets will only have $451,000 in earning power. At an assumed 5% yield, this translates into an annual income of $22,550. Since $16,000 per year will have to be added to Mrs. Nixon's $20,000 government annuity to provide her with an annual income of $36,000, only $6,550 will be available from the income of the free assets for maintenance of the San Clemente residence. Clearly, therefore, annual invasions of principal will be necessary which will, in turn, reduce the 3 annual income and could eventually result in total exhaustion of the free assets exclusive of the San Clemente residence well within Mrs. Nixon's life expectancy. For example, if the annual cost of maintaining the San Clemente home was a constant $40,000, the first annual invasion of principal would be $33,450, the second somewhat higher, and succeeding invasions even higher. At such a rate the free assets would be exhausted in the eleventh year following the President's death. This problem can be resolved only by increasing the in earning power of the free assets or by substituting a home for by the San Clemente residence which is substantially less expensive to maintain. As to the first alternative, it would be possible, without adverse tax consequences, to provide that the Trustees of the Revocable Literary Trust, described below, should, upon the President's death, sell certain non-sensitive materials of a value of say, $1,000,000 and dispose of the proceeds in the same manner as the free assets. The earning power of the free assets would thus be increased by $1,000,000. Presumably, the sale could be made to persons who would thereafter contribute them to the Presidential library. Although there is no legal obstacle to such an arrangement, it is thought that the question of whether or not to use materials to raise funds in this manner can only be resQlved by the President himself. Recommended Estate Plan It is not expected that community property or other local law problems would be created by the adoption of the estate plan recommended herein. Nevertheless, California counsel will be consulted before any of the documents described below are executed. Also, it must be emphasized that the recommended plan is based on the President's current and fore- seeable financial and personal situation. The plan must, therefore, be reviewed periodically to determine whether changes are required. Subject to those qualifications, five documents would have to be executed to implement the recommended plan: 1. The Revocable Literary Trust. This trust will be fully revocable by the joint action of the President and Mrs. Nixon during their lifetimes, and as to the portion remaining after Mrs. Nixon's death (approximately one-half of the materi- als) by the President alone. The joint revocability provision is necessary to avoid gift tax problems. All existing materials of the President and Mrs. Nixon will be transferred to this trust for sorting, classification and, where appropriate, destruction. Periodically, materials 4 coming into existence in the future will also_be transferred to this trust. The sorting, classification and destruction will be carried out pursuant to instructions issued by the President and with a view toward the eventual permanent deposit of those materials not destroyed at a Presidential library. The President alone or the President and another or others selected by him will be the initial Trustees. The President alone will have the power during his lifetime to remove Trustees and appoint successors. If Mrs. Nixon predeceases him, the President or his designee will select materials from those held in this trust to be transferred to the Irrevocable Literary Trust, described below, and thus committed to uses which qualify for an estate tax deduction. It is necessary that the value of the materials selected must be sufficient to ensure that no estate tax will be payable. Approximately one-half of the materials will ac- complish this. Upon the President's death, whether or not Mrs. Nixon survives him, all of the materials held in this trust will be transferred to the Irrevocable Literary Trust. 2. The Irrevocable Literary Trust. All materials prepared by or for other members of the Administration will be conveyed to this trust, subject to a right in the Trustees to reject for destruction any materials so conveyed. Materials accepted by the Trustees will be sorted and classified in the same manner as those materials transferred to the Revocable Literary Trust. Provisions identical to those of the Revocable Literary Trust will be inserted as to the appointment and removal of Trustees during the President's life. After the President's death, the remaining Trustees will have the power to appoint successors and to remove Trustees appointed by them, but only to the extent that the President has not provided for the appointment of successor Trustees. For technical reasons, at least one Trustee of this trust should not be a Trustee of the Revocable Literary Trust. The assets of this trust will be irrevocably committed to uses which qualify for gift and estate tax deductions. The Trustees will, however, have the option of directly engaging in qualified activities by making materials available for re- search and study or by transferring them either to the Government or some other charitable or educational entity for eventual deposit in the Presidential library. A ruling will be obtained from the I.R.S. that transfers to this trust are exempt from both gift and estate taxes. With 5 such a ruling, tax-exempt transfers of materials to this trust can freely be made by other members of the Administation and by the Trustees of the Revocable Literary Trust. This trust must be created now, however, because if materials of other members of the Administration were transferred to the Revocable Literary Trust, the transferor would be deemed to have made a gift to the President. 3. The Free Assets Trust. This trust is to be created now and all of the free assets will be transferred to it. The President will be the first Trustee of this trust, and Mr. Rebozo will be his successor. Further successors will have to be determined. The trust will be fully revocable during the President and Mrs. Nixon's joint lives and there will be no change in the income tax status of any asset transferred to it. A trust is necessary, however, because, as the majority of the free assets are now owned (jointly), the survivor as between the President and Mrs. Nixon would, without regard to the provisions of the other's Will, become the outright owner upon the death of the first to die. Moreover, a transfer of Mrs. Nixon's interests to the President, to bring them under his Will, would be a taxable gift. Thus, unless all of the free assets are transferred to a trust at the present time, any attempt in the Will of the President to place all of the free assets in a trust for Mrs. Nixon's benefit would fail. During the joint lives of the President and Mrs. Nixon, income or principal will be payable on demand. After the President's death, Mrs. Nixon will be entitled to an annual amount to provide her with an income of $36,000 per year, in- cluding her Government pension. If the President is the survivo: he will have absolute control over the trust. If Mrs. Nixon is the survivor, her control will not be absolute but she must, for tax reasons, have a general power to dispose of the principal by her Will. Subject to the resolution of the problem mentioned above as to the retention of the San Clemente residence, that residence will be retained or disposed of as appropriate. Upon the death of the survivor, separate trusts will be created for Patricia and Julie, if living, or for their children. The exact terms of these trusts are to be discussed with the President. 4. Wills. Both the President and Mrs. Nixon will execute new Wills to dispose of any property not previously tran. ferred to the three trusts. Some accumulation of materials is sure to have occurred during the interval between the date of th. last periodic transfer and the date of death. Thus, in each Will materials will be bequeathed to the Irrevocable Literary Trust and free assets to the Free Asset Trust. In addition bequests of tangible personal property such as jewelry, clothing and hous hold furniture, as well as some small bequests to friends or employees will be included in each Will, as desired. All Property of President and Mrs. Nixon, including free assets, memorabilia and papers Papers of Cabinet and Materials Staff Members Free assets transferred transferred at present and at present, periodically in future, if in future prior to death necessary and by Wills Materials transferred Materials currently, in future, transferred and possibly by Will by Wills REVOCABLE LITERARY TRUST FREE ASSETS TRUS Trustees to sort, classify Income to surviv. and, where necessary, destroy for life, with power to invade principal On death of Mrs. On death of Nixon prior President to President whether or approximately not Mrs. one-half of Nixon survives, materials to all materials be transferred Upon death of surv to be Free Assets Trust transferred to be divided into separate trusts IRREVOCABLE LITERARY TRUST TRUST FOR TRUST FO1 PATRICIA JULIE Materials irrevocably committed to uses which Provisions Provisio. qualify for estate and to be to be gift tax deductions, determined determin by the by the President President Option in Trustees to 7 transfer or loan to Upon death of income Presidential Library beneficiary principal to be paid over to issue, outright or in trust depending upon in ET CONF IDENTIAL ) C.F: 5 MEMORANDUM PP5-4 DETERMINED TO BE AN THE WHITE HOUSE WASHINGTON By E.O. RJP 12356, Section NARS, Date 1.1 3/22/83 July 19, 1971 PRI4-10 New we Heb + Stanla see RA ADMINISTRATIVE MARKING STIH PR18 MEMORANDUM FOR: MR. H. R. HALDEMAN VIA: DWIGHT L. CHAPIN FROM: RONALD H. WALKER W alex Rew/c (Mike Duval) A RE: 11 THE MILHOUS HOME", JENNINGS COUNTY, INDIANA HAROld Crawford, current owners of the place where the President's mother By way of follow-up to our memorandum of June 28th, NF. Mr. and Mrs. No was born, will be in Washington July 29-31, 1971. They will be attending a convention and are scheduled to take a private White House tour on Thursday, July 29th at 1:00 p.m. Should it be desirable to contact them concerning selling the property to the President, this might be an appropriate opportunity. 1971. mid lorking now. us looking oN property. In. keep JUL 27 1571 CENTRAL FILES THE WHITE HOUSE WASHINGTON DATE June 28,1971 TO: H.R. HALDEMAN FROM: DWIGHT CHAPIN FYI PLEASE HANDLE OTHER: High Priority 1. President to buy property to be handled by Kalmbach H. then prentit out. Playitist - Dean 2. RN Foundation to buy - to be handled by Kalmbach HRH 3. Other MEMORANDUM High Priority THE WHITE HOUSE WASHINGTON June 28, 1971 MEMORANDUM FOR: MR. H. R. HALDEMAN VIA: MR. DWIGHT L. CHAPIN FROM: RONALD H. WALKER M (Mike Duval) RE: "The Milhous Home", Jennings County, Indiana The land in Jennings County on which the President's mother was born is now owned by Mr. and Mrs. Harold Crawford. They purchased the property (120 acres) in the Fall of 1969 for $100 per acre (according $12,000.00 to Mr. Crawford). The land contains the foundations of the Milhous home (it burned down in 1968) and one shed which was standing when the President's mother was born. Mr. Crawford is currently farming about 40 acres with soybeans and a little tobacco. According to the Crawfords', Harold's great-great grandfather, Thomas Milhous, was the brother of the President's great-grandfather, J. V. Nixon. Harold Crawford, a distinguished-looking and pleasant man in his fifties, is an engineer for an architect/engineering firm (SIECO) in Columbus, Indiana (just North of Jennings County). His address and telephone numbers are: 1615 - 35th Street Columbus, Indiana Home - 812/372-2321 Office - 812/372-9911 The Crawfords purchased the property (known locally as the "Milhous Home') partly because of its Nixon history. Nevertheless, I have a feeling that he would be willing to sell all or a part to the President. done garl C.F. PP 3 DETERMINED TO BE AN ADMINISTRATIVE MARKING By RJP NARS, Date 3/22/83 E.O. 12356 Section 1.1 December 6, 1971 # CONPIDENTIAL MEMORANDUM FOR ROSE WOODS The President asked me to follow up with you his commit- ment to Art Fletcher, made during the Thursday, December 2, meeting to give Art a personal check - the President said he would make it out directly to Art Fletc IN - for the United Negro College Fune. the President told Art Fletcher that he could use the check in any way that he wanted. I'm not sure what the next step is here. Do you want me to follow up with Fletcher, or will you go ahead? KEN COLE CC: John Ehrlichman John Dean C.F. The Western White House San Clemente PPI PR5-2 July 18, 1974 Dear Al: Rose Mary has brought to my attention your letter to her of June 18. Because I have always considered you a "pro when it comes to politics, I was partie- ularly interested in your comments about the current situation and how it evolved. I greatly appreciated your words of encouragement and goodwill, and this note brings with It my thanks and warm personal regards. Sincerely, RICHARD NIXON Mr. Alvin Moscow 309 Greenwich Avenue Greenwich, Connecticut 06830 RN:MAF:RLE:blh RECEIVED JUL 23 1974 CO CENTRAL FILES Albin Moscow fyr 3°9 Greenwich Avenue, Greenwich, Ct. 06830 293 869'2137 June 18, 1874 Dear Rose Mary Many many thanks for the check covering my share of royalties on SIX CRISES. I must admit that I was misled into believing the amount was five times greater and if I had knowna the correct amount due, I would not have troubled you during these hectic days. Each time I see a new analysis or revelation on Watergate, I think back to the very first time I met you and you complained then, in 1961, of the Bill Lawrence election story of the flight into Idaho and how I could hardly believe what you said and then afterwards, upon checking, found that you were so right. In all the welter of Watergate stories, I have yet to. see an over-all view of the affair told from the White H use point of view, giving the rationale of how and why O it happened. Someone ought to do it. Even perhaps the President at some appropriate time. What is needed, I think, is an explanation of how it happened in the context of traditional American election campaigns, the honest mistakes made by over-zealousd campaigners and the natural inclination of anyone to avoid admitting errorse and excesses. I hope and trust the tide is turning simply by the force of time alone, bolstered by the President's historic success in foreign affairs and by the perspective now given on the press' outrageous handling of Henry Kissinger. As ever, Ae. Miss Rose Mary Woods The White House Washington, D. C. THE WHITE HOUSE WASHINGTON To Roland Date Elliott 7/15/74 From Rose Mary Woods FYI Please Handle r Please have letters prepared to there three people. Thanks Albin Moscow C.F. 309 Greenwich Avenue, Greenwich, Ct. 06830 PPI 203 869/2137 FG6-11-1/7aldson agnes June 18, 1974 Mossow. alven Dear Agnes: Many many thanks for all your efforts on getting the payment on SIX CRISES to me. I must say that I was mislead into believing the amount owed was five times greater and if I had known the correct amount due, I would not have badgered you as I did. May all the other problems of the adminis- tration ultimately be solved as successfully. As ever, the Ms. Agnes Waldron Office of the Press Secretary The White House Washington, D. C. PPI IFA F. FG6-11-1/ INTERNATIONAL FAMOUS AGENCY Waldron A. June 10, 1974 Miss Agnes Waldron The White House Washington, D.C. Dear Miss Waldron: I acknowledge, with thanks, the breakdown of monies due A1 Moscow on his work for SIX CRISES. I now understand the $2971.15 check. For your records, please make note that all future checks should be made payable to International Famous Agency and addressed to me here at 1301 Avenue of the Americas. Very truly yours, Phyllis tackson Phyllis Jackson PJ/gf CC: Alvin Moscow 1301 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10019 (212) 556-5600 CABLE: FAMOIJSAGE NEW YORK LOS ANGELES LONDON PARIS ROME A DIVISION OF MARVIN JOSEPHSON ASSOCIATES 5 INC C. PP / Waldon, egree June 7, 1974 Dear Mrs. Jackson: Attached is a computation made to arrive at the royalties due Al Moscow for his work onx'Six Crises". I hope that this, along with the statement from Doubleday that I sent you earlier, will clarify this matter. Sincerely, Agney Waldron Mrs. Phyllis Jackson International Famous Agency 1301 Avenue of the Americas New York, New York 10019 COMPUTATION OF ROYALTIES DUE ALVIN MOSCOW Royalties Earned to Date $91,529.91 Less: Advance on Royalty $60,000 Indexing 140 Promotion Expense 7,309.39 Purchases 531.40 $67,980.79 -67,980.79 Total Payments $23,549.12 Amount Due Mr. Moscow Twenty-five percent of Royalty Payments (25% X 23,549.12). $ 5,887.28 Less: Payment 8/15/62 $ 2,439.84 Payment 3/13/64 476.29 $ 2,916.13 - 2,916.13 Total Due Moscow $ 2,971.15 May 23, 1974 C.F. PP / Dear Mrs. Jackson: six Crises At long last I enclose a check in the amount of $2, 971. 15 for Alvin Moscow. I am also enclosing Moscow, alain a copy of the latest royalty statement Issued by X Doubleday. I greatly regret that it has taken so long to take FGG-11-1/Waldron, care of this matter. agree Sincerely, Agnes Waldron Assistant to the Press Secretary Mrs. Phyllis Jackson International Famous Agency 1301 Avenue of the Americas New York, New York 10019 AW/AW/cm Harco QUALITY RICHARD M. NIXON No 20879 PATRICIA R. NIXON 63-138 631 KeyBiscayne Bank ISLAND PARADISE" KEY BISCAYNE FLORIDA May 22, 1974 PAY Two thousand nine hundred seventy-one and 15/100 DOLLARS $2,971.15 TO RICHARD M. NIXON THE PATRICIA R. NIXON ORDER ALVIN MOSCOW OF Road Many Thoods ⑉⑆0631⑉0138⑆ 2⑉0527⑈ NO.BOS RICHARD M. NIXON - PATRICIA R. NIXON DATE DESCRIPTION AMOUNT 22 May 74 percentage of royalty due, per contract $2,971.15 DETACH AND RETAIN THIS STATEMENT THE ATTACHED CHECK is IN PAYMENT OF ITEMS DESCRIBED ABOVE IF NOT CORRECT PLEASE NOTIFY us PROMPTLY. NO RECEIPT DESIRED May 23, 1974 Dear Ali Today I mailed a check to Phylis Jackson for $2971. 15. I am incapable of expressing my chagrin that this rela- tively simple matter took 80 long to straighten out. Let me assure you that it was not because I failed to push and prod. Certainly, should this matter come up again, I would hope it could be handled with dispatch as it should be. Sincerely, Agnes Waldron Assistant to the Press Secretary Mr. Alvin Moscow 111 West Hill Road Stamford, Conn. 06830 AW/AW/rh THE WHITE HOUSE WASHINGTON May 23, 1974 MEMORANDUM FOR: AGNES WALDRON FROM: DICK HAUSER RACT SUBJECT: Royalties to Alvin Moscow Enclosed please find a check payable to Alvin Moscow in the amount of $2, 971. 15 and the latest statement from Doubleday & Co. Both the check and the statement should be sent to International Famous Agency, 1301 Avenue of the Americas, New York, New York 10019, as agents for Alvin Moscow, attention Phyllis Jackson. Albin Moscow 3°9 Greenwich Avenue, Greenwich, Ct. 06830 203 869'2137 May 22, 1974 Miss Rose Mary Woods The White House Washington, D. C. Dear Rose Mary: As much as I hate to bother you at a time like this, I cannot seem to break through any other way on what should be a simple routine matter at the White House. So, for old time's sake, would you check this out for me and let me know what the trouble has been: Last September, my literary agent of IFA wrote the President, asking for an accounting and share of royalties due me on sales of SIX CRISES. Fred Buzhardt collected and presented the necessary data for the President's review. On March 18th last, the President ordered that a check be issued and sent to me along with the latest royalty statement on SIX CRISES, as per our contractural agreement. I was told to expect them in a week or ten days. No check, no royalty statement has arrived. Agnes Waldron has tried and has been unable to find out who is handling this or why the President's order of March 18th has not been carried out. So, dear Rose Mary, as a favor, could you pick up the phone and check this out and, if necessary, see to it that the check and royalty statement gets put in the mail. I've been on tenterhooks, diverted from my own work, frustrated and completely in the dark, not to mention my need for the money. Please try to get back to me as soon as you can on what you learn. With profound good wishes and warmest regards, Sincerely, CC: Mrs. Phyllis Jackson International Famous Agency 1301 Ave of the Americas New York, N. Y. 10019 THE WHITE HOUSE WASHINGTON May 22, 1974 Dear Loie: I am writing with reference to the Alvin Moscow matter. The President has reviewed the royalty position of Six Crises and has determined that an addi- tional $2, 971. 15 is due Mr. Moscow. Accordingly, will you please prepare a check for Rose Mary Woods' signature made payable to Alvin Moscow in the above amount and forward it to this office. Thank you for your assistance. Sincerely, ) fnd Fred Buzhardt Beyhoids Counsel to the President Ms. Loie Gaunt 44th Floor 515 South Flower Street Los Angeles, California 90071 388 picked this up 22Pray7 3 C.F. Albin Moscow walden, 3°9 Greenwich Avenue, Greenwich, Ct. 06830 agrees 203 869'2137 March 5, 1974 Ms. Agnes Waldron Office of the Press Secretary The White House Washington, D. C. Dear Agnes: Another month has gone by. I hate to prod you because you have been so good about this. But, isn't it possible to get whichever lawyer is handling this at least to acknowledge my agent's formal letter of last September and to tell us what the trouble is at your end? This is such a simple, straight-forward matter that it should not become sticky. At the risk of butting in where agents and lawyers like to take over, my suggestion is simple: Upon Request, Ken McCormick or Stewart Richardson of Doubleday & Co. could provide a financial or royalty duplicate statement of earnings and I could send a xerox of my contract pertaining to those royalties. Such papers could be at hand in a week, without searching the California files. Then this could be settled and out of the way forthwith. as ever, RECEIVED MAR 2 1974 CC: Mrs. Phyllis Jackson Honsted Hond by CENTRAL is IS International Famous Agency 1301 Ave of the Americas New York, N. Y. 10019 Telep how 3/19/74 THE WHITE HOUSE WASHINGTON February 27, 1974 MEMORANDUM FOR: AGNES WALDRON FROM: RICHARD A. HAUSER RALL SUBJECT: Alvin Moscow - Six Crises The agreement between Mr. Moscow and the President provided that Moscow would receive $20,000 for his editorial assistance plus 25% of additional income received by the President from the rights granted to Doubleday & Co. in excess of the original advance until that 25% equaled $15,000. The $20,000 obligation was fulfilled on December 20, 1962, and subsequently Mr. Moscow received royalty payments in the amount of $2,439.84 on August 15, 1962 and $476.29 on March 13, 1964. The agreement also provided that the President would furnish copies of Doubleday statements to Mr. Moscow within ten days of their receipt until all sums due him had been paid. At our request, Doubleday & Co. has provided a statement, a copy of which is attached, showing royalties earned through October 31, 1973. Based upon those figures, it would appear that an additional $2, 971. 15 is due Mr. Moscow. This amount was computed as follows: Royalty Earned. $91,529.91 Less Advance on Royalty $60,000 Indexing 140 Promotion Expense 7,309,39 Purchases 531.40 $67,980.79 -67,980.79 $23,549.12 -2- Amount Due Mr. Moscow Twenty-five percent of Royalty Payments (25% X 23, 549.12) $ 5,887.28 Less Payment 8/15/62 $2,439.84 Payment 3/13/64 476.29 $2,916.13 - 2,916.13 $ 2,971.15 Enclosed with the statement from Doubleday & Co. was a check for $850.85 which represents the latest royalty payment due the President. To whom should this check be sent? Please advise. I hope this information will be helpful to you in responding to the inquiry from Mr. Moscow's agent. DOUBLEDAY & COMPANY, INC. SUMMARY ROYALTY STATEMENT FOR THE 6 MONTHS ENSING 10/31/73 DATE SIX CRISES From pub. thru 4/30/73 Royalty earned 90,679 06 10/31/73 Royalty per statements 850 85 91,529 91 The Homorable Hishard MI 6/ 5/61 Advance 20,000.00 The White House 12/5/61 " 40,000.00 D. . 20906 3/31/62 Indexing charge 140.00 3/16/62 thru 8/16/62 Promotion expense 7,309.39 Purchases 531.40 8/7/62 thru 8/17/73 Royalty payments 22,698.27 90,679 06 Due 850 85 GRNERAL 2 C.F. PP13 PPI Albin Moscow Jackson, Phyllis 309 Greenwich Avenue, Greenwich, Gt. 06830 203 869'2137 203 1 Feb. 74 Dear Agnes: Could you gently prod whomsoever needs prodding in California on the status of the payment on SIX CRISES? My agent tells me she has not received a word. I know from previous experience how overwhelmed with work RN people can become, and yet it is no fun on the outside waiting, wondering, speculating on who is doing what on a request sent in last November. The State of Union address was great, a tonic to believers As ever, Ms. Agnes Waldron Office of the Press Secretary The White House Washington, D. C. 2/7/74 Tel. Moscow. Assured him mater was being worked on. and RECEIVED FEB 71974 CENTRAL FILES IFA INTERNATIONAL FAMOUS AGENCY Rick House January 30, 1974 Ms. Agnes Waldron Assistant to the Press Secretary THE WHITE HOUSE Washington, D.C. Dear Ms. Waldron: Since the day we spoke nearly two months ago about the monies owed to my client Alvin Moscow, and you promised to "bulldog" the situation, I've been waiting to hear. I'm beginning to think it's a very tame bulldog, and am considering where to turn next. I have some thoughts on the subject. Very truly yours, Phyllis tackson Phyllis Jackson PJ/gf 1301 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10019 (212) 556-5600 CABLE: FAMOUSAGE NEW YORK LOS ANGELES LONOON PARIS ROME A DIVISION OF MARVIN JOSEPHSON ASSOCIATES INC INERAL FG6-11-1/Waldron, Agnes December 7, 1973 Dear Al: How nice to hear from you and to be brought up to date on your work and your family. It seems only yesterday when you were living in Santa Monica and Andy was going to a Montessori school! I have located the Six Crises files. They are in California in the care of Loie Gaunt. So I have forwarded your agent's letter to her and she will work with RN's lawyer to get this matter straight- ened out. I do not think this should take long -- in any case I'll keep tracking it on an informal basis. As you might imagine, these past eighteen months have been rugged and unbelievable. Looking back I wish I had kept notes at least of my own impres- sions. Please give my very best to Dee. Sincerely, Agnes agrees Waldron Assistant to the Press Secretary Mr. Alvin Moscow 111 West Hill Road Stamford, Conn. AW:AW:1md RECEIVED DEC 81973 DENTRAL FILES 327-3191 alvin moscow 111 west hill road, stamford, conn. November 30, 1973 Ms. Agnes Waldron The White House Washington, D. C. Dear Agnes: It was marvelous and nostalgically tingling after all these years to hear of you this morning when my agent, Phyllis Jackson, phoned me. I've been working and hibernating for years now on a biography of the Rockefeller family --a major opus-- and had just begun to run short of money. Hence, my agent's search through old contracts. I do hope you can expedite this through the usual welter of work at the White House. Dee and the children are all well and happy, with Andy ready to go off to college next year and the youngest, Jo-Jo, in the first grade. I hope to finish this book in a few months (God willing) and then come up for air. Perhaps we can get together and swap stories? I'd be fascinated toxlearn of what happened with old friends and of life on the & firing line in Ron Ziegler's office. In fact, it might well help me in a couple of college campus speeches I am booked for in Aprils on Watergate: Nixon-- The Aftermath or The Aftermyth. But really, I'd love to see you again Sincerely, office: 309 Greenwich Avenue, Greenwich, Conn. 06830 Tel: (203) 869 2137