Modern Machine Shop

DEC 2016

Modern Machine Shop is focused on all aspects of metalworking technology - Providing the new product technologies; process solutions; supplier listings; business management; networking; and event information that companies need to be competitive.

Issue link:

Contents of this Issue


Page 48 of 164

46 MMS December 2016 BLACKMAN ON TAXES Columnist the details of the plans that we had agreed to in easy-to-understand language. 7. The law yer draf ted the necessar y docu- ments for both the estate and lifetime plans. At our suggestion, Joe had his own local law yer review the documents, and then Joe signed them in his lawyer's office. 8. The network insurance consultant prepared s e ve r a l p ro p o s a l s f ro m d i f f e r e n t i n s u r a n c e companies and explained them to Joe. In the end, Joe and I determined he would purchase $3.45 million in tax free life insurance. Executing these eight steps took a little more than five months, but the time Joe himself actu- ally put in was between three and four hours. Not bad, when you consider that the result of his time investment was securing all of his wealth for his family. Balancing Technology HAIMER Tool Dynamic Balancing Machine Highest balancing quality – Innovatively simple yet light years ahead. Haimer USA, LLC | 134 E. Hill Street | Villa Park, IL 60181 | Phone: +1-630-833-1500 | Email: | Measuring Instruments Shrinking Technology Tooling Technology Longer cutting tool life Run your cutting tools faster Reduced machine spindle wear Better surface finish on your parts

Articles in this issue

Links on this page

Archives of this issue

view archives of Modern Machine Shop - DEC 2016