Season 2 Episode 48: Leverage Life Insurance as a Savings Strategy to Raise Capital with Brandon Neely

20/10/2022 43 min Episodio 48
Season 2 Episode 48: Leverage Life Insurance as a Savings Strategy to Raise Capital with Brandon Neely

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Episode Synopsis

ROYAL LEGAL SOLUTIONS Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.*********************************************************************************MEET THE HOSTSScott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.*********************************************************************************KEY TAKEAWAYSIn this session of Royal Investing, Brandon Neely of the Wealth Wisdom Financial podcast joins to share his story of how he turned a dire situation around for the better. Like many entrepreneurs, Brandon had big dreams but lacked the capital to fund his coffee shop start-up. When life threw him a curveball, he was at risk of losing it all. That's when Brandon shifted his perspective to focus on a key metric of business success: profitability.Through his research, he discovered a path that might not be right for everyone but allowed him to cover three areas of vulnerability. Brandon achieved solvency by leveraging a life insurance policy to access funds that he used to pay off his debts and diversify.Brandon explains that his strategy was best for him for reasons including:Life insurance protected his family in the event something happened to himThe policy served as a way for him to accumulate savings in a disciplined mannerHe was immediately able to access capital that compounded over time through his policy Brandon was able to pay off his debts, improve his finances, and pool funds for future investmentsHe was focused on the long game and was guaranteed cash flow positive status after contributing to the policy after several yearsFor Brandon, this was a low-risk, high-yield approach that enabled him to course correct and achieve his goals. Want a refresher or to see what you missed? Watch the replay. REGISTER FOR ROYAL INVESTING and attend LIVE on Zoom, Wednesdays at 11:30 p.m. CST.Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains our top 5 video Masterclasses and ebooks.*********************************************************************************ENGAGE WITH USAre you ready to take action on Asset Protection, Tax Strategy, or Estate Planning? Take our Financial Freedom Quiz, where we will gather your general information to have a productive conversation. At the end of the quiz, you will have the opportunity to schedule your consultation. https://hubs.la/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith https://www.linkedin.com/in/scott-royal-smith/ FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/