One strategy is to ensure your children are financially independent by having them insure you. Here’s what I mean:
Everyone has something called insurance capacity, which means you can have life insurance benefits equal to your net worth.
If your net worth is $5 million or $10 million, you can often qualify for life insurance up to that amount.
Your children can essentially save for their future by opening a properly structured, max-funded IUL on you, using any insurance capacity you’re not using.
This way, they’re set to receive a sizable income-tax-free death benefit when you pass away.
Why not maximize what you leave behind through proper planning with your adult children?
To learn how this works, claim your FREE copy of “The LASER Fund” by visiting laserfund.com (just contribute to the shipping)! #shorts
#3DimensionalWealth
#FoundationalHealth
#IntellectualHealth
#FinancialHealth