WOW 19 – Tax Benefits and Case Study of "Privatized Banking" (Taxes, Part 3)
Description
In Part 3 of our series on taxes, we discuss the tax efficiency of "Privatized Banking". As mentioned in previous episodes, this is a strategy which involves borrowing against the Cash Value of a specially-designed permanent life insurance policy. Using Ryan's personal example as a real-life case study, we demonstrate how Privatized Banking can be used in combination with other assets, investments, and creative finance strategies. *Please note: these are advanced concepts with potentially significant risks and adverse consequences, which require sophisticated financial expertise in order to be safely and properly implemented; including (but not necessarily limited to): optimal policy design customized for a given scenario, using detailed analysis and complex financial modeling of multiple interrelated variables. But when properly designed and executed as part of a comprehensive, long-term financial plan, these strategies can exponentially build wealth with extreme tax efficiency on multiple levels.
United States
