Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Exiting a Business? Plan Your Liquidity!

14 Mar 2025 · 1 min

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0:38

A short advisory YouTube presentation by Richard Canfield on planning for liquidity when exiting a business. The speaker lists possible triggering events (illness, death, critical illness, divorce, insolvency, disappearance) and emphasizes the importance of 'warehousing' proceeds into a structure the owner controls. The chunk introduces premium financing as a mechanism: a third party funds life-insurance premiums while the policy's cash value continues to grow uninterrupted.

Chapters

There are a number of ways that you can exit the business. You get sick, you die early. God forbid you experience a critical illness, you experience matrimonial breakdown, financial insolvency event, or heaven forbid, you disappear. Where are you going to warehouse the money when you achieve that liquidity event? Let's get it into your own system so that you can control it. You haven't interrupted any of that accumulation. That still doesn't change. The cash value in the policy still rises daily, uninterrupted by the fact that we've got premium financing. We've got an immediate financing arrangement in place. Some construct where some other system is funding the premiums required for the contract.