Book a Professional Tax Strategy Consultation: https://karladennis.com/youtubeconsult Learn More About Life Insurance : https://www.betterwealth.com/karlton Watch this FREE Training to Learn How to Save on Taxes, Legally : https://taxreduction.link/taxsaver Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! https://app.taxreductioncompany.com/tax-alchemy-plus *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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Life Insurance 101Β
Thank you so helpful
Absolutely!
Thank you ππΏ
29:15 who gets that 5% interest?
The insurance company in that example
How would this stack up with capital gain instead of a regular income tax of 30%? Does the math still make sense for buy term and invest the difference compared to whole life? Please explain as this is almost always the argument why a lot of people are not buy into permanent life insurance hence talking about cash value life insurance. Thank you!
Great question!
Even if you elimated taxes all the way life insurance still would make sense to have because of it giving your dollars more then one job. It’s hard to measure, explain and even value all the jobs that life insurance can do if it is set up and used properly.
Here is a video where I did my best to give the overview of this concept https://www.youtube.com/watch?v=O9uXdvLlwhs
I am currently working on future videos that will dive into more of the questions you had in your comment π
Thanks. I was uninformed and super skeptical about this topic
Thanks for all the eds
Yes, being back Better Health real soon.π
π
What mutual company offers pua + term riders?
Northwestern Mutual offers whole life policies and term life.
Lafayette life is a smaller and more conservative company.
Prudential, NY, Northwestern Mutual are monsters in the industry and some say they give better dividends and higher guarantees.
Now that everything will be digital π€ what do we doπ .
Is there a digital life insurance?
Can you guys do a lazer fund video like this? Aka IUL for infinite banking?
Participating loans ?
Also can you cover 7702(a) , 72(a) and 101(g) IRC?
How the connection of 1099-LTC and 1099-R with life insurance makes life insurance legal!
T.O.L.I =trust own life insurance
And the benefits of it.
How banks own life insurance in their Tier one assets.
Love what both channels are doing!
Love this! Yes these are all topics we can go into on future videos!
Loved this one πͺπ½
π₯π₯π₯
Thank you gentlemen! Very nice of you guys! I started my Mutual (perm] Insurance 2yrs ago! Love this assurance from you guys I did the right thing! Please continue the Lessons in the near future! God Bless! ππΎ
I apprecaite you watching and this comment!
Can you share what you commissions average for your plans and how they are dispersed to you.
Yes!
In short you get 1/8 to 1/10 of what you would have gotten paid in a traditional plan. I can make video going into what those numbers are
Is the audio off sync?
super enlightening!
I was thinking though, it would be totally awesome if there was a written transcript for this video. It’d be a great reference and would make it easier to look back on the golden nuggets you dropped. If it’s not doable for this video, maybe it’s something you could think about for future videos?
Thanks for all the wisdom you’re sharing, and keep up the great work!
Karlton I just watched you on the find your freedom call. U were so great. I want to use your company as my tax professional
I am glad Caleb views IUL much more neutrally than a lot of other agents on social media. I think having both is the ideal situation. Of course structured similarly. I like both products.
Great information! π
VERY informative presentation! It really changed my perception on life insurance. Looking forward to more collab vids and will check out his channel. π