Over-funded whole-life insurance often gets a bad rap. But, for high earners, it is an important piece of a strong wealth creation strategy. Is your firm leaving money on the table? Today, Mark Kull, founder at Capitalis Planning Partners at Northwestern Mutual, explains the benefits of over-funded whole-life policies and "infinite banking" for litigating firms.
Mark is an expert at creating security through financial planning. At age 19, he began as an intern at Northwestern Mutual. In a nationwide cohort of 1,700 - Mark ranked second. Nearly two decades later he has helped attorneys across the country and been featured in Forbes magazine, TOPS Magazine, and Business First among others.
Whats in This Episode
- Who is Mark Kull?
- Who can benefit from over-funded whole-life insurance?
- How can a law firm become its own bank?
- What is the difference between standard and over-funded life insurance?
- What unconventional ways can a firm financially support partners and employees that benefit the firm?
- How d you hire the right person to put the correct policy in place?
Personal Injury Mastermind w/ Chris Dreyer