4 Rules To Become Your Own Banker-For CPA's

Every Tax Professional/CPA should be aware of the benefits of Infinite Banking Concept (IBC) designed Whole Life Insurance Policy:

1. Having access to funds via a policy loan allows a business owner or head of household the ability to capital which can be used to pay large expenses like property taxes, income taxes, business taxes, fund growth or investment opportunities, et cetera without interrupting the growth of their asset base.
2. Policy loans are guaranteed and can never be turned down unlike bank lines of credit which can be cut or frozen at anytime.
3. Loan policies are unstructured allowing maximum control over cashflow.
4. Policy loans are tax-free when the policies are structured properly.
5. Policies solve legacy issues by predetermining the value of the business and the death benefit is income tax free (potentially estate tax free).