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Advance Your Wealth - Interview Series (Frank Seneco: Part 3)
Manage episode 300310734 series 2834060
תוכן מסופק על ידי Homer Smith. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Homer Smith או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
In the third and final installment of our interview series with Frank Seneco, President of Seneco & Associates, Inc., the discussion is centered around premium finance life insurance and the different types of benefit plans for private business owners.
Despite being a strategy that's been around since the 1990's, there is still a tremendous level of value associated with premium financed life insurance. Listen as Homer and Frank dive deep into this strategy and who it makes the most sense for.
Sit back, relax, and enjoy the finale of a great interview series featuring Frank Seneco!
Timecodes:
0:06 - Overview on the topic of this conversation
1:15 - The idea behind a premium finance life insurance
3:33 - The benefits of this strategy over a 5-10 year period of time
6:16 - Mistakes to avoid when it comes to this strategy
11:00 - What split-dollar means from a life insurance standpoint
12:21 - How else is life insurance utilized in succession plans for business owners
14:40 - Overview on the variety of strategies discussed throughout the interview series with Frank
15:57 - Closing remarks and disclosures
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