Family Banking & Legacy

Discover how families can coordinate capital, teach financial responsibility, and create systems that extend beyond one lifetime. This hub covers family banking, multigenerational wealth, estate planning, inheritance, and preparing heirs for stewardship.

How to Teach Kids About Money: Habits, Mindsets, and Conversations That Last a Lifetime

By Rachel Marshall / December 22, 2025 / Comments Off on How to Teach Kids About Money: Habits, Mindsets, and Conversations That Last a Lifetime

The Day a Cookie Business Changed How My Daughter Saw Money After watching a kid biz launch challenge our eight-year-old decided she wanted to start a cookie business. She figured out recipes, canvased the neighborhood, and delivered her first batch of cookie dough. By the end of the day, she had a stack of cash…

Premium Financing Life Insurance: Could Be Right, Sometimes Smart

By Rachel Marshall / October 27, 2025 / Comments Off on Premium Financing Life Insurance: Could Be Right, Sometimes Smart

Premium financing life insurance for estate planning is one of those strategies that sounds impressive—and sometimes is. But for most families, it introduces more complexity and risk than benefit. At The Money Advantage, we don’t lead with premium financing, and we rarely recommend it. But in a recent conversation with a client facing an eight-figure…

Michael Cole on Wealth, Legacy, and the True Impact of Money

By Rachel Marshall / September 8, 2025 / Comments Off on Michael Cole on Wealth, Legacy, and the True Impact of Money

A Story That Changes the Way You See Wealth When Bruce and I sat down with Michael Cole for The Money Advantage Podcast, the conversation didn’t just scratch the surface of wealth management—it went straight to the heart of what wealth really means. Here’s a man who has advised families with an average net worth…

400 Episodes: Top Lessons About Wealth, Legacy, and Serving Families

By Rachel Marshall / September 1, 2025 / Comments Off on 400 Episodes: Top Lessons About Wealth, Legacy, and Serving Families

How a Campfire Call Sparked a Financial Movement It started with a campfire. Lucas and I were out camping when I made a phone call that would unknowingly change the course of our lives and the lives of thousands of families:“Bruce, want to start a podcast?” As we looked back over the years, a theme…

How to Use Whole Life Insurance Tax Strategies to Fund Your Legacy

By Rachel Marshall / August 18, 2025 / Comments Off on How to Use Whole Life Insurance Tax Strategies to Fund Your Legacy

What Most Families Miss About Whole Life Insurance Tax Strategies Most people miss the hidden power of whole life insurance tax strategies—and in doing so, they overpay in taxes and underfund their legacy. In today’s podcast episode, Bruce Wehner dives deep into how the tax code is designed to reward strategic behavior—and how you can…

SLAT vs ILIT for High Net Worth Estate Planning: Which One Protects Your Legacy Best?

By Rachel Marshall / August 4, 2025 / Comments Off on SLAT vs ILIT for High Net Worth Estate Planning: Which One Protects Your Legacy Best?

SLAT vs ILIT for High Net Worth Estate Planning isn’t just a legal distinction—it’s a strategic decision that could determine how well your wealth serves your family, both now and for generations to come. We were deep into a conversation with Andrew Howell, one of the foremost estate planning attorneys in the country, when he…

How One Family Mastered Legacy Planning for Families Without Sacrificing Unity or Values

By Rachel Marshall / July 28, 2025 / Comments Off on How One Family Mastered Legacy Planning for Families Without Sacrificing Unity or Values

The Power of a Love Letter When Shannon sat down to write her love letters to her children, she didn’t expect just how meaningful the process would be. What began as a simple act of putting words on paper quickly became one of the most profound steps in her family’s legacy journey. The letters reflected…

How Whole Life and Guaranteed Universal Life Insurance Support Legacy, Wealth Transfer, and Tax Efficiency

By Rachel Marshall / June 16, 2025 / Comments Off on How Whole Life and Guaranteed Universal Life Insurance Support Legacy, Wealth Transfer, and Tax Efficiency

In today’s post, Bruce and I (Rachel Marshall) want to bring you behind the scenes of a candid and educational conversation we had with Matt Ewald, Vice President of Life Insurance at Advisors Excel. If you’ve ever wondered when and why to use guaranteed universal life insurance (GUL) —especially in the context of estate planning—this…

Align Wealth With Values Through Faith-Based Legacy Planning

By Rachel Marshall / June 9, 2025 / Comments Off on Align Wealth With Values Through Faith-Based Legacy Planning

There’s a story Buffy Ruthardt shared that still gives me chills. She and her husband Darren were on a drive, just processing life and legacy—wondering aloud what it might look like for their children to live in their inheritance while they were still alive. Not just financially, but spiritually, relationally, and generationally. It was a…

How to Start a Family Bank: Insights from John Moriarty

By Rachel Marshall / May 14, 2025 / Comments Off on How to Start a Family Bank: Insights from John Moriarty

Interested in finding out how to start a family bank? Today, Bruce and I talk with our friend and colleague, John Moriarty, Founder and President of e3 ConsultantsGROUP. You’ll hear about his personal and business use of Infinite Banking, and the thinking behind a growing and evolving system of policies. John is smart, business savvy,…

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