Meet Your Creative Financing Experts, pg. 32
to become the top life producer. She is also one of only
three policy agents endorsed by the Palm Beach Letter,
a financial newsletter.
Because she has written thousands of policies—and
uses many of them herself — she knows every nuance
of how to structure it to benefit you.
cy is not new. It’s has been around for centuries and
is tried and tested. Currently banks, businesses, and
high net worth individuals use it to preserve and grow
their money. But Rice and Beam offer a unique struc-
ture that makes it a powerful tool for even the small
real estate investor.
YOU NEED AN EXPERT
SHE BROKE THE GLASS CEILING
Rice discovered Nelson Nash’s book, “Becoming
Your Own Banker,” over 25 years ago. She recognized
the revolutionary technique and became a protégé of
Nash, building on his philosophy with concrete action
plans.
It became her passion to help as many people as
possible. “I help people see how money really works in
the economy. It’s often not the way you think it does,”
Rice says. “I love to show my clients how to reduce
their debt in an extremely short period of time — faster
than they ever thought possible.”
Through the years she’s structured Living Bene-
fit policies for people from 21 to 93 years old. “Each
is unique,” Rice says. “I’ve helped people profit who
could only start with $100 a month. And I’ve worked
with people who wanted to contribute a million dollars
a year. Whatever your income or investment goals,
you can use this to take control of your money and
grow it faster and safer.”
Rice’s passion and dedication to her clients made
her extremely successful. She became the first woman
to be the top-performing agent at Mutual Trust. Then
she went on to break the glass ceiling at Massachu-
setts Mutual as the first woman in its 170-year history
Realty411Guide.com
On the owner’s side, a policy looks deceptively
simple and is easy to use. But the creative side takes an
act of genius to give you all the benefits and advantag-
es necessary to use it effectively in your business and
investing.
Rice always learns what her client’s goals are. Then
she tailors a Living Benefits policy specifically to meet
those goals. Some want a pool of money to run their
business. Others need free access to money for real
estate investing or hard money lending. And some have
their top goal to safeguard their wealth and transfer it to
the next generation.
“It’s possible to accomplish all those goals without
invading lifestyle money,” Rice says. Lifestyle money is
what you live on after paying your bills and Uncle Sam.
Rice’s brilliance is that she frees up money for you to
invest from other sources. Often it’s from the debt pay-
ments you are already making.
PUTTING YOUR
POLICY TO WORK
FOR YOU
“The simplest way to use your Living Benefits
policy is with hard money lending,” Beam says. “There
are hundreds and hundreds of folks out there who are
in need of hard money lending.” Beam works through
organizations that send out leads for people who want
to borrow the amount of money you have to invest —
whether that’s $10,000 or $150,000 or more.
And the Living Benefits policy creates a vehicle to
amplify the investment. “You borrow against your policy
at 5% and you put it out on the street to go to work at
10% or 12% plus points,” Beam says. “But you’re still
earning 5% on those same dollars within in your policy!
Wow, what a platform to work from!”
Beam’s strength is that he can guide real estate
investors in the best ways to take advantage of this plat-
form for their specific goals.
There are a number of ways to take advantage
of the policy. One of their clients buys HUD houses to
rehab and rent.
Although her Living Benefits policy is only a few
years old, she’s been able to use money from her policy
to cut costs and increase returns.
• Used for a down payment for a conventional loan and
PAGE 40 • 2016
Private Money411