Wow! I wouldn't have imagined that the answer would be so simple but sure enough, the SVS-50 looks like it will work. Using the 'closed tool holder', it references one edge of the tapered shank. I can then align the tool by adjusting the angle that the tool is held using the jig. Now I still have to either align that with the 'drawing a line' trick or some other way but the good part is that when I need to do the other bevel, I don't have to re-adjust the jig. Since there is a reference face on either side of the tool in the SVS-50, I just have to flip it over and do the other side. Thanks guys. Sometimes the answer is right in front of you.