In this episode, Dustin provides financial strategies for lawyers and law firms to manage their finances and protect their partnerships.
He introduces the spending accelerator tool, which automates monthly expenses, and discusses insurance policies for protection and partnership agreements. He provides specific examples and advice for incorporating these strategies into a law practice. He also explains the differences between critical illness and disability insurance policies and how they can be owned and paid for by a law corporation. It is recommended to consult with designated advisors or planners for specific advice on incorporating these insurance policies into a law practice.
The 3 POWS of this episode:
Achieve a better work-life balance by focusing on what really matters to you.
Incorporating life insurance policies into a law corporation can create tax savings and protect the partnership.
Consult with designated advisors or planners for specific advice on incorporating insurance policies into a law practice.
Listen to this week’s episode on Apple Podcast, Spotify, Google Podcasts, Stitcher.