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!
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Show Notes:
00:00 Intro
00:30 How to Spend Your Death Strategy While Living
- For a PDF of strategies email: tods@partners4prosperity.com
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
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.