How to Spend Your Death Benefit While Living – Episode 089

Summary

Best-selling author Kim Butler and co-host Todd Strobel welcome you the eighty ninth episode of the Prosperity Podcast! Today, they get together to talk about how to spend your (whole life insurance) death benefit while living! A lot of people don’t need or don’t want money after they die, they need it as they retire and as they grow older. Conversely, some people do not have heirs or close family they want to pass their money. Tune in to find out how to spend your death benefit while you’re still alive!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Show Notes:

00:00 Intro

00:30 How to Spend Your Death Strategy While Living

03:42 Strategy 1: The Pay Down

06:11 Strategy 2: A Reverse Mortgage

10:47 Strategy 3: Selling Your Death Benefit

11:17 Strategy 4: Charitable Remainder Trust

14:44 Outro

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