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No. And I say that with deep respect for the intention behind the question. You built that juvenile whole life insurance policy for your child. You paid the premiums. You watched the cash value grow. The instinct to hand it over feels generous and right. But gifting a whole life insurance policy to your child…

The single largest source of confusion in Infinite Banking is the belief that cash value is money. It is not. Cash value is the net present value of a future death benefit payment. It is equity in the contract that you can borrow against on demand, on your terms. Once you have that, the rest…

Generational wealth transfer is governed by ten laws that operate whether you know them or not. Honour them and your wealth compounds across generations. Violate any one of them and the 70% statistic — 70% of wealthy families lose everything by the second generation — becomes personal. These are not tips. They are not strategies.…

Run It Like a Business, Not a Daycare

70% of wealthy families lose their wealth by the second generation. Every financial publication has a solution to that statistic. Build generational wealth. Use this tool. Implement this process. What almost nobody says is the part that actually matters: build generational wealth, and then transfer the mentality that built it. Because without the second step,…

Imagine your kid coming home from their first summer job and telling you what percentage of every paycheque is going toward the family system because in your family, that is simply how you access capital when you need it. Imagine your son sitting across from you with a repayment schedule already built before he has…

A family constitution is a family governance document that defines who your family is, what your wealth is for, who can access it and on what terms, and what values every generation must demonstrate to participate in the system you built. It is the foundational generational wealth governance structure that sits above every other wealth-related…

Wealthy families lose their wealth by the second generation because of absent governance — not bad investments, not irresponsible heirs, and not a failure of financial planning. According to a study by the Williams Group of over 3,000 wealthy families, 70% lose their wealth by the second generation and 90% by the third. The primary…

People think I built a giant pile of money. They imagine that when Rebecca and I are gone, our kids are going to pull up with U-Hauls and snow shovels and drive away with it. That is the furthest thing from what we built. A Family Banking System™ is not a stockpile. It is a…