E135: Advanced Life Insurance Strategies of the Wealthy You Can Use Today
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discussed the advanced life insurance strategies that the wealthy have been using for years. Whole life insurance is one of the most commonly used assets for high net worth individuals, from executive-level compensation packages to transferring large estates. We wrap up by discussing how the infinite banking concept is the one strategy that can be utilized by anyone, regardless of their economic position.
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Topics Discussed:
- Uncovering how high network individuals use IBC
- The strategy Jim Harbaugh, coach of the University of Michigan
- Why the death benefit is the least interest aspect of a whole life insurance policy
- What is premium financing and how does it work
- How to use irrevocable life insurance trusts to beat the death tax
- Why Walmart was taking out COLI policies on all their employees
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/