From: Barry J. Cohen < Sent: Monday, August 7, 2017 7:45 PM To: Jeffrey E. Subject: Engine Plans Banks don't require it. But they increase the amortization on the loan with no program. Our consultants say they agree with you on the RR program helping to boost the owner to the top of the list when it comes to service and repairs. However, they have not observed that prospective buyers have concerns about planes whose owners don't take the program. They say as long as the owner is US corporate or US very high net worth, they will ask questions about not being on the program, but provided the answers are appropriate, it doesn't impact value. Nonetheless, I think we should take it, because especially as the plane ages, the odds are you recoup the expenditure on resale. The gift tax case was a from a brief mention in a tax publication that someone was reading. We're trying to track it down. From: jeffrey E. [mailto:[email protected]] Sent: Monday, August 07, 2017 3:39 PM To: Barry J. Cohen aliMIEMI > Subject: Re: FW: Honeywell APU Maintenance Plan (MSP) i also thought . banks usually require engine insurance if they are going to finance in addtion have you found the case where the guy paid gift taxes but was charged with fraud . ? On Mon, Aug 7, 2017 at 3:35 PM, Barry J. Cohen < > > wrote: yup From: jeffrey E. [mailto:[email protected] <mailto:[email protected]> ] Sent: Monday, August 07, 2017 3:34 PM To: Barry J. Cohen < <mailto Subject: Re: FW: Honeywell APU Maintenance Plan (MSP) EFTA_R1_01400247 EFTA02383566