How to Structure a Private Family Bank Part 1 (Ep. 37)

Structuring a Private Family Bank requires a carefully structured participating mutual whole life contract with an insurance carrier that understands, and caters to, private banking. The insurance company and the terms of the contract you structure are both critical components of your private banking system. 

Today in part one, of this two-part series, Vance Lowe and Seth Hicks, Esq. cover five of the ten rules to follow when structuring a Private Family Bank.

Join and Vance and Seth discuss:

  • Why it’s critical to know how to structure the policy correctly
  • Why you never use Universal Live or Indexed Life Policies to create a Private Family Bank
  • The basic components of a Private Family Bank banking contract
  • Why you don’t chase cash value in your structure
  • And more


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