{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Infinite Banking Daily","title":"Episode 237: Funding Buy-Sell Agreements Internally","html":"","width":"100%","height":180,"duration":192,"description":"Discover why buy-sell agreements without funding are just expensive paper—and how whole life insurance creates internal funding that works for death, disability, retirement, and living buyouts. M.C. Laubscher reveals the critical mistake: most business owners have buy-sell agreements drafted by attorneys specifying what happens if partner dies, becomes disabled, or wants to exit with valuation formula clear and terms documented, but they don't fund it. A buy-sell agreement without funding tells you what should happen but doesn't give you capital to make it happen. Traditional approach fails: businesses buy term life insurance to cover death scenario, but term doesn't help if partner wants to retire, doesn't help with divorce exit, doesn't help with disability buyouts, and doesn't build cash value accessible while everyone is alive and healthy. The internal funding approach using whole life insurance: each partner funds properly structured whole life policy, cash value grows tax-deferred every year, if partner dies the death benefit funds buyout immediately, if partner wants to exit while alive the cash value is already there with no scrambling for capital, no bank loans, no payment plans that drain the business. You've funded the buy-sell agreement internally using an asset that serves multiple purposes: death benefit protection, living buyout capital, and accessible cash value for business opportunities.\nWhat You'll Learn:\nThe Critical Mistake\nMost business owners have buy-sell agreements\nAttorney drafts agreement professionally\nSpecifies what happens if partner dies, disabled, exits\nValuation formula clear, terms documented\nThen they don't fund it\nAgreement becomes expensive paper\nDocumentation without capital fails\nBuy-Sell Without Funding Fails\nAgreement tells you what should happen\nDoesn't give you capital to make it happen\nLegal clarity without financial capacity\nWhen trigger event happens, no capital available\nPlan exists but execution impossible...","thumbnail_url":"https://img.transistorcdn.com/NE9muFKf7ob9eJssBmXNvja0j-xOQGU8j1nPuVS77pI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jMjYz/MDY2M2Q1N2Q2YTA5/OWZmMWM4NTQwYzhi/Y2JiNi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}