There Is A Goldmine In Your Home!

A $1 million mortgage can create many millions for your heirs tax-free.  If you are going to buy a 2nd home and don’t need to use a mortgage to buy the home, you can create millions more for your heirs. 

A $2 million house is worth only $1 million to your family if estate taxes are imposed on your estate.  If you borrowed $1 million against your house and pay the $60,000 yearly interest (assuming a 6% interest only mortgage), you could use the $1 million to initiate between $15 and $2 million of life insurance (for insureds between the ages of 70 and 80). 

Your home will appreciate the same amount whether you have the mortgage or not.  And the toilets will flush just the same.  But you can unleash a goldmine from your home with some very simple planning.  This idea is not for everyone, but if you have the extra money and it won’t effect your lifestyle, life insurance can create millions of dollars for your family and favorite charities.



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