Download The Feldman method: The words and working philosophy of the by Andrew H Thomson PDF

By Andrew H Thomson

ISBN-10: 0884621162

ISBN-13: 9780884621164

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Extra resources for The Feldman method: The words and working philosophy of the world's greatest insurance salesman

Sample text

Everything except your company--everything you own: the shoes you wear, your home, your personal life insurance. every· thing in this pile ... and in that pile over there, just your company-which would be bigger? company is the your isn't It? I presume that you have one of those companies that's growing, expanding-you need more inventory, more space, more equipment, more everything under the sun. So isn't it true that the bulk of what you eam is plowed back you take. out just to live comfortably?

You're to it? Do you you could take one year without leaving some very real Well, Mr. Adams, someday you're going to to be longer than a year. walk out-and I've never found a man with a on life. Have you? L'. '" each of seven wife, plus $500,000 daughter-in-law. Let's do it now. or ever? Help him help himself. " amounts of ily to utilize to We could no longer use insurance to create, so we used it to accumulate. And .. ll.... paid $100,000 on plus $350,000 for his $900,000 his son and life. And do you that the person is tremendous.

Chapter 9 J The Problem rJ/ the Shrinking Estate 77 million dollars. Let's break it down. Your federal estate tax will be almost $450,000. And that's not all. The state of Ohio will take $128,000. So here's your tax summary-$578,OOO. If you have a marital deduction, it only postpones the problem until the second death. The tax will still have to be paid. And it's payable in cash! Your basic problem isn't whether or not you'll pay your tax, because Uncle Sam has a way of getting paid. but how will you pay it?

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