Benefits of Whole Life Insurance and Infinite Banking — Nelson Nash

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[transcript]

"A trust has a, grantor, it has a trustee and it has a beneficiary.
Now the trust did not exist until the grantor came up with the idea.
He creates the trust. Well, he puts property into the trust.

That becomes the property of the trustee. It's his.

Now the trustee has got to put that property to work to carry out the provisions of the trust.

He can put it to work in any number of places, but one of the places he could put the property to work is with the grantor, so out goes the property to work, in comes income.

Pray tell who does it go to? The trustee.

James, have you ever heard anybody say look how much that trustee is making? Not on your life.

What do they all say? They say look how good that trustee is doing for the benefit of those other two parties.

Now, James if that weren't true no one would create a trust.

Now, once you see it through these eyes isn't it very obvious that when you buy a life insurance policy with a dividend-paying mutual company you're creating a business that never existed before.

You put premiums into the contract -- the trustee -- the insurance company has got to put it to work in various and sundry places.

Well, you outrank everybody in excess to what can be lent as collateral of your policy. Well if that's true, which it is... That's 100% of control. Alright -- now you're just another customer at your particular system. That's what you are.

As a result of it the premiums and so forth in life insurance are always at work somewhere. There is no interruption in the build-up condition. Looking at it through these eyes isn't it obvious that a life insurance policy is nothing more than a pre-engineered trust agreement... I rest my case."

Banking With Life is a documentary that covers a lot of material in under an hour. Featuring financial experts and economists, as well as testimonies of actual clients, Banking With Life is the definitive primer on what the The Infinite Banking Concept® is, and how anyone can use it to build wealth and experience financial freedom.

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What is the Infinite Banking Concept®?:
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Disclaimer:
All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.

Видео Benefits of Whole Life Insurance and Infinite Banking — Nelson Nash канала James Neathery