Creating Investments with Life Insurance with Mark Bertrang - Episode 57

Curtis talks in this episode with Mark Bertrang, who wrote a book about investments and life insurance assets. He also talks about the worst-case scenario in real estate and what are assets and liabilities. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com   Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected] Call his office - 610-622-3121 http://www.bertrangfinancial.com Mark's Book https://www.linkedin.com/in/markbertrang   Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed   Show Notes How Curtis and me at the Summit for Prosperity Economics Advisors - 1:10 Mark's Background - 2:27 Mark and Curtis talk about the life insurance policy - 4:40 How to help the children of a person who passed away - 5:55 Mark shares a few stories of people that died and what their family did with the life insurance - 7:47 Why every situation is unique - 9:18 They talk about their first death claim as agents - 12:32 What happens if a person dies in the first two years? -14:33 Mark tells us another story of life insurance policy - 16:04 The worst-case scenario in real estate - 19:17 What are assets and liabilities? - 21:17 How we take care family - 23:51 What is whole life insurance? - 28:25 Life Insurance Value and Human Life Value - 29:04 Negotiating with the Life Insurance Company - 36:31 Mark recommends advisors to not practice law - 40:06 Mark gives recommendations to his clients -  41:17 Raising other people's kids costs money - 45:27 You have to have the money first - 46:48 At what age people become a widow - 48:00 They talk about Mark's Book - 50:54   Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS