HNW Charitable Strategies that are PROFITABLE
Last week I did an emergency podcast to make sure everyone is aware of an upcoming change related to the whole life policies we use inside of . It all revolves around recent changes made to IRC Section 7702, with is the IRS code that dictates how life insurance policies are taxed. Since the 1980’s, the code mandated insurance companies who offer whole life to offer a 4% guaranteed interest rate on the cash value. Well, as you know, interest rates have come a long way since then. In essence, the
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