In this episode of the Taylored Tax Show, hosts Terrence Taylor and Big Al Darnell Jr. delve into the strategic use of life insurance as a means to become your own bank. They discuss the remarkable benefits of having the right life insurance policy, which allows individuals to borrow against it and build equity centers. The episode emphasizes the concept of repositories of equity that can be accessed similarly to traditional banking methods, providing insights into how high net worth taxpayers can leverage life insurance to save on taxes legally. Tune in to discover the power of life insurance in financial planning and wealth management.This puts us in complete and total control and this is probably one of the most explicit examples of doing just that." Highlights:[00:01:06] Using life insurance as bank.[00:04:05] Building your own bank.[00:08:30] Life insurance as a bank. Follow Terrence and Big AlWebsiteLinkedInApple PodcastSpotifyYoutube
Follow and subscribe on YouTube and your favorite podcast platforms to join the Taylored Tax community!

Ver todos los episodios