Building a Family Bank for Generational Wealth

Balanced Growth Show with Dr. Travis Parry

In this episode of The Bounce Growth Show, Dr. Travis Parry interviews Blake Johnson, an attorney specializing in family banking and generational wealth. Blake shares his journey from law to family banking, emphasizing the importance of structuring wealth for future generations. The conversation explores the concept of family banking, addressing common issues like entitlement and the need for financial education. Blake outlines practical steps for setting up a family bank, the role of life insurance, and the long-term impact of these strategies on family legacy. The episode concludes with insights on how to implement these concepts effectively, drawing lessons from historical examples like the Rockefellers and Vanderbilts.