Most wealth creation principles are easy to understand, but difficult to implement. Nelson Nash, in his book Becoming Your Own Banker, discusses three distinct rules that can “make or break” your pathway to wealth and prosperity: the Golden Rule, Parkinson’s Law, and Sutton’s Law. The Golden Rule: (Those who haveContinue Reading

For many people, regular physical exercise can be a challenge. It can take a lot of discipline and work when choosing to keep one’s body healthy. Fitness experts all the time tell individuals to stay consistent because typically, results don’t come immediately – however, they eventually do come. Just likeContinue Reading

MEC stands for Modified Endowment Contract. By law, the Internal Revenue Service limits the amount of cash value that can be accumulated in a life insurance policy. The amount of cash value must be relative to the amount of death benefit that the policy purchased. If the cash value andContinue Reading

For most people, buying a home is one of the most important financial decisions they will ever make. It’s also one of the largest financial obligations, as well. And unlike many other financial obligations, once the “sale is final,” there is no return policy. At least, not for years. So,Continue Reading

Matilda Rose Ledger vs. ReliaStar Life Insurance Company: 2 Year Contestability Period – Part 1 Heath Ledger died of what was ruled an accidental drug overdose. So why did Ledger’s three-year-old daughter, Matilda Rose, have to sue for the $10 million claim? Ledger’s life insurance company, ReliaStar, did not denyContinue Reading