The Family Bank Strategy - How to Create Your Own Personal Tax Free Bank / Garrett Gunderson

[@godschild5547]

I love the fact this is serious control of your money! Amen!!!!!

[@chioma3100]

Mr. Gunderson you have shifted my wealth-building vision. I was all accumulation, delay, etc. I'm nervous, really afraid of making my first real estate, large scale investment but believe it is time to put some of my research to work and learn more along the way. TY!

[@Pcoxproductions]

Can you explain the Captive Insurance Agency that you run?

[@kostadintoshanov]

Have money in cash.

[@wyzebull]

When u get a while term life insurance policy (standard over funded) how much do u need to pay in to be able to use the death benefit? Do u make monthly payments? Can u pay a lump sum at one time?

[@stephengilstrap]

A whole life policy overfunded is not standard, its specially designed by someone who knows what they are doing. The average insurance agent wont be able to help you, you need a specialist. Yes you make monthly premium payments like normal for a policy. You need to try to fund as much as possible up front to Paid Up Additional Insurance to jumpstart the cash value. You can also have a single pay policy where you dump in a lump sum one time for a policy and never make any other payments again. But it will not work as efficient as a monthly paying policy would but its up to you. You can open multiple policies and fund them the way you see fit. I would consult a pro who specializes in the Infinite Banking Concept who follows certain guidelines who knows what they are doing. LIke I said, not just any agent can do this, but they will try to tell you that they can do "infinite banking or bank on yourself"

[@brianbordenkircher52]

I just finished listening to your audible book “Killing Sacred Cows.” Do you recommend different type of whole life insurance for someone already somewhat disabled?

[@logandwilliams]

Overfunded life on each member or just the breadwinner?

[@doge_catcher]

How do you start? Do we need to start a Corp or LLC? How do we register it meaning company type?

[@TamikaCClark]

The Sugar Daddy😂😂😂😂

[@GarrettGundersonTV]

🤣😂