The Prosperity Podcast
Take control of your money. Join Kim D. H. Butler, best-selling financial author, and Spencer Shaw, as they use their prosperity mindset to utilize wealth-building tactics. Learn about the 7 Principles of Prosperity and how to make your money work as hard as you do.The Prosperity Podcast is the pers… read more
How to Spend Your Death Benefit While Living - Episode 089
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
- 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
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