This strategy helps charities and individuals get more from charitable donations by adding a balloon payment that offer more volume...a win win scenario for individuals or the charities themselves.
I’m Dan Thompson – for 32 years I’ve helped people create very unique financial strategies not taught by traditional financial planners.
I want to share one with you quickly.
First off, if you’re watching this video, then you are likely one of those giving individuals who consistently help out your favorite school, church, or charity, by donating, which, by the way is very admirable.
You landed in front of this because you may want to learn about giving a large sum of money to your charity, without giving a large sum of money...
I know, sounds contradictory, right?
What if I told you there is a way for you to keep on giving your current $3,000, $4,000 or $5,000 annual donation, but with a simple strategy, your school, church or charity could actually benefit as much as $75,000, $90,000, $100,000 or more?
So, really quick, what we've found over the years of working with churches and schools and other charities is that their smaller donors, at times, don't feel inclined to give because they think their donation isn't big enough to help.
First of all, it does help, all donations big or small are appreciated I assure you.
What we’ve done is to show donors and charities how we’ve designed a way to leverage the annual donation that you are giving, and create a substantial balloon donation, a donation that's 10X, 15X, 20X what you were capable of giving annually.
You may jump to the conclusion and think that this is going to be achieved through a risky investment, but what if we told you that that balloon donation was guaranteed?
And what if that balloon donation could grow and give not just your charity the most tax efficient donation, but also give yourself a break on taxes too?
Alright, let me cut to the chase.
I’ll bet when you think of life insurance companies – you think it’s all about dying right?
You probably aren’t aware of all the advantages that can be offered.
Don’t feel alone, most people have no idea how to use the tax-advantaged laws that only insurance companies have.
It’s not all about the death benefit.
By simply using some of these tax-advantages, again only available with insurance companies, we can create donations that you may never have been capable of doing before.
The best part is that Life insurance and annuities companies are the only businesses that are allowed to make guarantees.
Some of these insurance companies have been doing this for over 165 years, they have it down to a science.
Did you know that major banks – yes banks - invest billions of dollars with insurance companies every year.
It's called Tier 1 assets on the bank’s books – the safest place for them to store their deposits.
They call it BOLI – Bank Owned Life Insurance and it’s a line item asset on their financial statements.
Think about this – you put money in a savings account or a CD at the bank and then they turn around a buy an insurance policy.
We can show you how to cut out the middle man and go directly to the source.
I'm sure some of you are thinking that if you do this, the charity won’t be able utilize your donation until you die, and who wants to die just to be a benefactor right?
Are you aware that life insurance has an accumulation vehicle inside of it? It’s called cash value.
In fact, it’s one of the tax-advantages that comes with a well-designed strategy. Again, it’s one of the reasons big banks use life insurance companies.
You see, the insurance companies we like to use issue pay dividends annually.
There are companies that haven't missed paying out a dividend in over 100 or even 150 years, even through the Great Depression and all the ups and downs of the economy.
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I have been involved in financial planning for over 32 years. I started out as a high volume stock broker. After working with millions of dollars I decided there had to be another way for people to earn money in the market without all the risky ups and downs that leave you where you started, or worse. After reading a ton of books I came across a book on the Infinite Banking Concept and it completely changed my life and the way I view investments. Now I focus on building wealth in safe and predictable ways, like Infinite Banking, Cash Value Life Insurance, and Indexed Annuities to name a few.
I post videos regularly so if you have any questions of comments feel free to email them to...
dan at wisemoneytools dot com