Not Your Average Financial Podcast™

Episode 318: Occam’s Razor Burn Using Premium Financing

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In this episode, we ask:

  • Would you like the ultimate shaving tool?
  • What is Occam’s razor?
  • What about necessity?
  • What about the simplest solution?
  • What is the best option or model?
  • What is premium financing?
  • What is happening with the estate tax limits?
  • What about leverage?
  • What has this led to?
  • What are the risks?
  • Do you need it?
  • Can you afford it?
  • What about finding the winners and losers?
  • Is there a trend here?
  • What about an example?
  • What are the steps?
  • What is the allure?
  • What are the risks?
  • What is the exit strategy?
  • If everything worked out perfectly, what would happen?
  • What about the relationship with the bank?
  • What is a floating rate?
  • What about reapplying after a period of time?
  • Is this a good deal?
  • What happens in a rising rate environment?
  • What happens to the interest?
  • What about the accumulation feature?
  • What about collateral?
  • What about a spiral of expenses?
  • What happens if they can’t pay the premium?
  • What are the circumstances?
  • What happens when the loan is gone?
  • What about a cancellation?
  • What about leverage?
  • What about paying out of pocket?
  • What about estate tax liability?
  • What about other needs?
  • Is there any cash value available the policy owner?
  • Where does this leave the policy owner?
  • What is the biggest risk?
  • Is the loan larger than the cash value?
  • What if interest rates rise?
  • What if caps and spreads fall?
  • What about coming up with the money?
  • What are some stress tests?
  • What about a death benefit?
  • What about those with extremely high net worth?
  • Are you crawling back into the banker’s pocket?
  • What is the financial incentive for the bank?
  • How much loan interest is the bank collecting?
  • What about collateral?
  • What about the insurance agent?
  • What about the commissions?
  • Would you like to hear Episode 36?
  • Who is retiring first?
  • Is your money in a complex environment?
  • Is your money in a simple environment?
  • Who has control?
  • Would you like to join our FREE Not Your Average Community?
    • ...more
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