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

Proactive Planning on Loved Ones Aftercare

14 Feb 2025 · 1 min

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0:34

Short excerpt from a YouTube talk about proactive planning for loved ones’ aftercare. The speaker emphasizes risk mitigation using low-cost insurance (mentions ~ $500) as a one-time fee that covers aftercare processes—particularly valuable when handled by providers experienced with regulated industries and international travel.

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As a planner, the biggest thing that I always look at is risks and how do I mitigate the risks today with cheaper dollars that I can. And as an example, there's an insurance that exists for, I think it's roughly $500. When I look at that, that's something I pay because I go to Asia. That's something I would pay. Not even a wink on it. And to have someone of a regulated industry handle that situation is extremely powerful. It's a one time fee. This is the aftercare. This is something that you guys take care of, just full blown process for the price of the insurance. And that's part of the process of working with you specifically.