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Podcast: The Money Advantage Podcast
Episode: The Marshall Family Bank, Pt. 1: Why We Started a New Life Insurance Policy
Description: Do you want to accumulate reserves and investible capital where it’s safe and liquid, so you have the cash to invest in the widest range of circumstances? Come behind the scenes as we talk about our Marshall Family Bank in real-time.
https://www.youtube.com/watch?v=wmDrsECWJ8Y
Today, we’re talking about our recent whole life insurance policy conversion with a 1035 exchange. We’ll discuss the original policy and what prompted the conversion. We also cover how we structured the new policy, what riders we added and why, and our updated cash value, dividend, and death benefit perform...