What’s the connection between your life insurance policy and taxes? It’s easy to see these two as existing in different worlds, but they’re more connected than you think. In essence, you can take out a life insurance policy and use its cash flow to pay your taxes. Paying the two separately and directly is a viable option with less complexity.
However, by learning the nuances of taxes and insurance policy, you will develop a higher understanding of money on all levels, create more options for your family, and live the life you want. Spoiler alert: You can’t spend your way into prosperity, but you can educate yourself into it.
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
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