Building it as a family

About

Your parents’ paid-off house could be the most underused asset in your family. Nine years ago, Quan’s parents nearly cancelled their first policy as soon as the first premium was paid. They thought it was too much life insurance. They kept it, and it slowly became a normal part of how they handle money. Now they’re retired and living costs keep rising. In this Forward in 60, Quan shares how his family started treating their policies as one family system, with money flowing back from the kids to the parents. He also walks through a plan to put idle equity in their paid-off home to work, giving the parents access to capital and a bigger legacy to leave behind. The session also covers why changing how you think about money feels uncomfortable at first, and how to start money conversations with your family.