Guest https://legacyinsuranceagency.com/author/support/ Protect, Plan and Prosper Thu, 04 Jun 2026 17:22:42 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://legacyinsuranceagency.com/wp-content/uploads/2015/04/Legacy-LifetimeBank-400-e1453402663782-100x100.jpg Guest https://legacyinsuranceagency.com/author/support/ 32 32 What Is a Multi-Generational Trust? https://legacyinsuranceagency.com/what-is-a-multi-generational-trust/ https://legacyinsuranceagency.com/what-is-a-multi-generational-trust/#respond Wed, 04 Mar 2026 18:49:05 +0000 https://legacyinsuranceagency.com/?p=7583 Multi-Generational Trust A multi-generational trust, also known as a dynasty trust, allows families to preserve wealth for future generations. It offers advantages such as reduced estate taxes, asset protection against legal challenges and support for responsible wealth management. Guest Post, first published by Ameritas How do you make wealth last beyond your lifetime? For many families, the answer is a trust, a legal arrangement that allows one person or entity, known as the trustee, to manage assets for the benefit of another person or group, referred to as the beneficiaries. The individual who creates the trust is called the grantor, and they set the rules

The post What Is a Multi-Generational Trust? appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/what-is-a-multi-generational-trust/feed/ 0 5 Smart Ways to Spend Your Tax Refund https://legacyinsuranceagency.com/tax-refund/ https://legacyinsuranceagency.com/tax-refund/#respond Tue, 29 Apr 2025 19:59:53 +0000 https://legacyinsuranceagency.com/?p=7179 5 Smart Ways to Spend Your Tax Refund Tax Refund – First posted by GuardianLife When you get a big check from the IRS, you might be tempted to treat yourself to a shopping spree, but there are smarter ways to put the money to use. In 2023, 120.9 million people received tax returns from the IRS1 averaging $2,753.2 If you’re fortunate enough to get a refund this year, invest that money in your financial future to get the biggest benefit. Here are five smart ways to put your tax refund to work. 1. Save for retirement If you‘re enrolled in a retirement account through your employer,

The post 5 Smart Ways to Spend Your Tax Refund appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/tax-refund/feed/ 0 Your Bank https://legacyinsuranceagency.com/your-bank/ https://legacyinsuranceagency.com/your-bank/#respond Mon, 23 Oct 2023 21:33:47 +0000 https://legacyinsuranceagency.com/?p=6414 Your bank is funded with your own personal capital. Infinite Banking is a predictable way to create financial freedom and control the process.

The post Your Bank appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/your-bank/feed/ 0 Mortgages and Wealth Transfers https://legacyinsuranceagency.com/mortgages-and-wealth-transfers/ https://legacyinsuranceagency.com/mortgages-and-wealth-transfers/#respond Tue, 17 Jan 2023 22:31:25 +0000 https://legacyinsuranceagency.com/?p=6160 Home Mortgages and Wealth Transfers originally posted from MoneyTrax and Don Blanton

Mortages

We are of the opinion that everyone should have their home paid off and paid off as fast as possible—but choosing the right loan to accomplish that can be confusing.

The post Mortgages and Wealth Transfers appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/mortgages-and-wealth-transfers/feed/ 0 An Introduction to the Infinite Banking Concept https://legacyinsuranceagency.com/an-introduction-to-the-infinite-banking-concept/ https://legacyinsuranceagency.com/an-introduction-to-the-infinite-banking-concept/#comments Wed, 24 Aug 2022 18:24:09 +0000 https://legacyinsuranceagency.com/?p=5961 An Introduction to the Infinite Banking Concept Originally published by: Robert P. Murphy The Infinite Banking Concept (IBC) allows households and businesses to become financially independent by “becoming their own bankers.” R. Nelson Nash discovered IBC in the early 1980s, as he was struggling with high interest rates on loans he had taken out from commercial banks. As he contemplated the financial mess he’d created for himself, Nash had an epiphany: He realized he could fund Whole Life insurance policies in order to create his own set of “banks,” which would serve as a repository for his savings and allow him access to cash when

The post An Introduction to the Infinite Banking Concept appeared first on Legacy Insurance Agency.

]]> https://legacyinsuranceagency.com/an-introduction-to-the-infinite-banking-concept/feed/ 1