Description

How can you leverage finances and take on debt for yourself? In this episode of The Academy Presents: Real Estate Investing Rocks, we welcome John Ensley, ChFC®. John discusses how cash flow is more important than equity, how families can use insurance policies to fund education and other expenses without depleting their reserves, and whether creating a family office is an option.

Angel and John are here to highlight the importance of having an estate plan in place with the help of professionals and the benefits of Whole Life Insurance for multi-generational wealth.  

Tune in now as John discusses leveraging finances and taking on debt for yourself or your family!

[00:01 - 02:14] Leveraging Family Wealth

• Angel welcomes back, John Ensley, ChFC®!
• John talks about how interest can be thought of as what you pay to hold somebody else’s money

[02:15 - 08:09] Exploring The Benefits Of Generational Wealth

• Cash flow is more important than equity
• Financialization of everything has enabled access to credit in the last 50 years
• Using cash value insurance as a funding source is an option for private lending
• Growing family wealth by bringing family members onto GP teams and setting up a family office

[08:10 - 14:49] Understanding Whole Life Insurance Policies

• Death benefits typically do not go through probate and are not subject to income or state taxes
• A will, family trust, and life insurance policy are key components of an estate plan
• Whole life insurance policy has been around for 160 years and provides multiple uses and applications
• Whole life insurance policy can be used as an investment tool over a lifetime and passed on for further lifetimes

[14:50 - 19:29] Closing Segment

• John shares about leveraging finances and taking on debt for yourself or your family!
• Tune in to this episode to learn more about John!

Tweetable Quotes:

“In tax in estate planning, in financial planning, investments, so forth. and so super important to align some of those things out.” – John Ensley, ChFC®

“It’s not that hard to do. I think it really does come down to where we're all uncomfortable with our mortality.” – John Ensley, ChFC®

You can connect with John Ensley, ChFC® through:

Website: J-Ensley Financial

Website: Jump On With John

LinkedIn: John Ensley, ChFC®

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