Episode 459: No. 7 The Brown Belt: Create a Family Banking System That Lasts Over 100 Years

In this episode, we ask:

• What can span three or more generations?
• Have you considered the family office?
• Would you like to get going with capturing your monthly cashflow with No. 1 The White Belt?
• Would you like to advance to working with the most important people in your life, No. 2 The Yellow Belt?
• Would you like to climb up and out on eliminating debt with No. 3 The Orange Belt?
• Would you like to review strategies to protect your retirement and business with No. 4 the Red Belt?
• Would you like to architect a cash flow system with No. 5 the Green Belt?
• Would you like to tackle massive expenses with No. 6 the Purple Belt?
• Have you heard the old proverb?
• Do we prepare the people for the money?
• Have you read Perpetual Wealth by Kim Butler?
• What does this strategy involve?
• What is tax free under current tax law?
• What about the fund and the family council?
• Would you like to plan and participate in an intentional family retreat?
• What opportunities would strengthen everybody?
• Have you crafted a family mission statement?
• How does a family keep the fund distinct from a “family piggy bank”?
• What will the next generation learn?
• What about family loan requests and family fund underwriting?
• What happens when the family approves a loan?
• How many families don’t ever talk about money?
• What is the reward?
• Will your wealth be a blessing or a curse to the future generations?
• What do Americans fear more than dying?
• What are the takeaways?
• Would you like to meet with Mark or one of Mark’s associates?