As a lifelong Chicagoan, entrepreneur, and real estate broker, I love everything about this city...but the one thing that makes Chicago so great is the amazing people. On this weekly podcast, We want to pull back the curtain and introduce you to some of the sharpest minds in business, education, and politics so that you can learn how to scale your business faster and more efficiently and achieve greater success in your professional and personal life! You are going to learn from some of the highest-paid experts, entrepreneurs, and business leaders about their specific tactics, strategies, and insider tips on leadership, leverage, technology, hiring, and building an amazing culture so that you can create the success and the change you’ve been looking for. I’m Young Lee…. Welcome to the Success Game. Also, be sure to subscribe, if you haven't already, so every podcast gets sent straight to you and you don't have to go searching for it! See you next week on the Success Game!
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episode 15: Planning for Unfavorable Tax Times with Kyle Campbell
Kyle Campbell is a family man. He’s also the Managing Director of Hotaling Insurance Services, a risk management family office. As a child growing up he experienced firsthand how money came between members of his family when there was a death in the family and it was unclear as to who got what in the family business.
Now Kyle is working as an insurance advisor, and in this illuminating episode of Chicago Business Review, he shares his secrets with Young Lee on understanding how you can leverage your insurance to pay less tax and keep the peace at the family Christmas.
This is a fascinating insight into the world of a life insurance salesman and the ramifications his job has on taking care of generational wealth prudently — while working within the confines and legal loopholes of the American tax system. This is also unfettered business advice at its finest, with the upside being that, by applying Kyle’s wisdom, you may just keep those family relationships intact!
(18:50 - 19:06) “Honestly, what I do… I mean I sell a lot of insurance. But I feel like I’m there to ensure that there’s a happy Thanksgiving and a Merry Christmas where everybody is there, and people like each other, and they talk.” ~ Kyle Campbell
In This Episode:
- Understanding life insurance
- Why do we buy fixed income?
- How do you find a good life insurance advisor?
- Kyle’s childhood story about appreciating life insurance
- Doing insurance for need or greed
- Sorting out your will before it’s too late
- Why it’s better to get insurance on the way up
- Understanding infinite banking
- What is the minimum amount you need to invest?
- Should you get policies for your children?
- The value of reviewing an existing policy you have
- How your life insurance is protected
And so much more!
Connect with Miguel Sanchez:
- Email - kcampbell@hgfin.net
- Cell - +2487898033
- Website - https://hotalinginsurance.com/
Connect with Young Lee:
- Facebook - Young Lee | Facebook
- LinkedIn - Young Lee - Host of the Chicago Business Review Podcast/Show