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The Prosperity Podcast

506 EpisodesProduced by Kim D. H. Butler and Spencer ShawWebsite

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

14:15

Transferring Wealth to your Posterity - Episode 217

“What is an efficient way to transfer wealth to my posterity and still have some control over, and enjoy that wealth?” Kim Butler and No B.S. Money Guy Todd Strobel address this question to help listeners understand their best options.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

Links and Resources from this EpisodeSubmit your questions: hello@partners4prosperity.com Book - The Opposite of Spoiled by Ron Lieber www.partners4prosperity.com

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Show Notes:

  • 00:00 Intro
  • 01:21 “The Opposite of Spoiled--Raising Kids Who Are Grounded, Generous, and Smart about Money”  by Ron Lieber
  • 03:04 How to share wealth with your posterity, but still have some control on it
  • 04:03 Benefits of getting a life insurance policy on a grown child
  • 06:00 Listener question: “Do you need to give to all the kids, and should it be equal?”
  • 07:26 What about the spouse?
  • 09:13 Tax efficient ways of transferring wealth
  • 11:30 The “Family Banking Book” go to hello@partners4prosperity.com to sign up
  • 13:11 What banks don’t want people to know  

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