I’m also interested in infinite banking, which requires you to get a whole-life plan
You mentioned this before and I had a quick look at the website and got the impression that it is fairly heavily dependent on US tax laws around whole life insurance and so is not very applicable to other countries. Have you investigated it enough to say whether my impression is accurate or if this is something that makes sense in other countries with differing tax regimes as well?
I haven’t read about the laws in other countries, but I suspect they at least share the aspect that it’s harder to seize assets stored in such a plan, giving you more time to lodge an objection of they get a lien on it.
You mentioned this before and I had a quick look at the website and got the impression that it is fairly heavily dependent on US tax laws around whole life insurance and so is not very applicable to other countries. Have you investigated it enough to say whether my impression is accurate or if this is something that makes sense in other countries with differing tax regimes as well?
I haven’t read about the laws in other countries, but I suspect they at least share the aspect that it’s harder to seize assets stored in such a plan, giving you more time to lodge an objection of they get a lien on it.