SPEAKER_00 0:01

Welcome back. We're your host, Nicole and Cherie, and the host of the Twin Cast, where we talk about faith, life, leveling up, and real estate. Let's go, Nicole. All right. Okay, so we have Dev Devin Vandeveer on our Twin Cast today, and he is a financial educator, and we're happy to have him. We have lots to talk about.

SPEAKER_01 0:17

Devin, thank you for coming to the absolutely thanks so much for having me. It's been uh a long time coming. So I'm super excited to get into it.

SPEAKER_00 0:24

Yeah, Devin has been into our office several times, and I'll tell you, um, he has been uh persistent, and I love that because you know that's what we do. Um me and Nicole are pretty persistent ourselves, and in in sales you have to be. But um Devin's really shed a lot of light into uh uh all aspects of our uh industry because obviously we do mortgages, so that's financial uh literacy, and he's helping a lot of people in ways that I can because I help with mortgages and I really didn't think about uh the aspect in which Devin can help, but uh he sheds, like I said, he shed some light on some areas that I think are important to our viewers, and I want uh Devin to explain a little bit about what he does and what he can help um our uh our customers and anybody listening.

SPEAKER_01 1:11

Absolutely. So I own and operate Vandevere Legacy Group. Um really it's just a financial education company. I work with families in small businesses really to help them understand um things like estate planning, protecting thing they protecting the things that they've built throughout their entire lifetime and making sure they have a plan in place for the future is really all it comes down to.

SPEAKER_00 1:32

Well, what I think is important is that uh although Devin is in sales and we all are, you and me, um, it's not about a sell. It's about um it's something personal for you. You've uh been through a journey where you needed this information and it didn't have it. So I think that's important to add to the conversation is it's something that you believe in.

SPEAKER_01 1:52

Absolutely. One of the models that we we kind of operate on is the right product for the right person for the right reason at the right time. So it's really education first. First and always, we just want to make sure that the client, the family, the business understands what their options are. Um, there's no pressure for sales. We just really want to educate as much as we can. If it's a great fit, awesome. If it's not, at least that person leaves with a little more education than when we started the meeting.

SPEAKER_00 2:18

So tell me, Devin, a little bit about when you say uh financial literacy, explain more about what your group does and where do where do our customers reach out as as far as at what process are they buying a home after they buy the home, after they own several homes? When is it when are you important in their lives?

SPEAKER_01 2:39

To be honest with you, I could step in at any point in time. Um one of the big big things that we use is called the infinite banking concept. And really all that is is just a properly structured whole life policy, but we really focus on the cash value. Um, it has a proponent where it can grow. And we really use that proponent of the policy to help eliminate compounding interest and basically get rid of all those nagging um debts that come around the corner, you know, cars, repeated credit cards, that kind of thing. We really just try and help people spend money more efficiently to free up cash flow and start creating that long-term legacy.

SPEAKER_00 3:17

Um, well, everybody has debt. In fact, um most Americans are living in financial stress right now. So uh when we help them with a mortgage, that's great, but we don't want to add to that case. And sometimes uh our customers come in and they're we can't help them, you know, we can't help them because they aren't in a financial situation where maybe they've stretched them, stretched themselves too thin. Um, I have uh saw where you've stepped in and you've kind of looking at their financial situation and saying, hey, let's get these accounts paid off. Here's a strategy on what because I can give mine, but yours, um, I believe you can uh give a give more than just pay these things off. You can build uh wealth with that. So can you tell me a little bit about the debt payoff that that you help with?

SPEAKER_01 4:01

Absolutely. Um, so one of the things that we really um can applaud ourselves on is some of our strategies can help people get out of debt in nine years or less. That includes their house. So a lot of people think, oh, well, you guys are just debt consolidation. As a group, we don't um, I guess, consume people's debt. We don't say, hey, we're gonna take it off for you and then you're gonna pay us a fee. We're 100% fee-free. We just really lay out the strategy and what can work. Um, you know, with these whole life policies, I know everyone says, oh, well, whole life policy is bad. I don't want to get get into it, but we don't structure it to purchase the whole life. We structure it for the multiple jobs that your dollar can do. And so we always tell people, hey, we're really just taking your dollar and making it go from doing one job for you, which is sitting in your bank account or paying off a credit card, to doing five jobs. You know, those five jobs are it grows tax-free, you can borrow against it tax-free. It gives you a death benefit, it's litigation proof, and it's guaranteed to grow with compounding interest. So it really just gives people a lot more of reassurance versus hey, my money's just sitting in my high yield savings account, but if I use it, it's gone. With this one, you can use it, you can borrow against it, and it does all these things for um for the long-term growth.

SPEAKER_00 5:15

Now, who doesn't like something that does five jobs? Like, I mean, I mean, I do five jobs, but right, but I personally relate to something like this. Um, but uh all seriousness aside, I really do think that it's uh such a great product that your uh company offers, um, as far as what I have seen, you know, having a house and having things that um you you want to pay off. It seems obtainable. Giving a plan, your company gives a plan. Um and we tell Sheree, I mean me and Shree talk about all the time, you need a plan, you need to have a goal, and this sets something in perspective and obtainable. So uh I'm pretty excited to be part of uh what you're doing and and and that you believe in it. It makes me feel comfortable that you believe in the product you're selling and you have and look, I mean, we tell Shri, me and Shree talk about all the time. Like I can you can pick up the phone and call me. I know I can pick up the phone and call you if I need something or have a question, and you'll you'll be right over here to answer the questions. And that's how we feel about our business too. That if someone has a question or needs something, they can come to our office and and we'll we'll be here because we stand by by behind our product, and I know you do too. So that's reassuring.

SPEAKER_01 6:25

Absolutely. It's um, you know, I I believe in it so much to the point where I'm actually in the process of getting a second policy out for myself. Um, I'm using one right now to help my parents alleviate some debt. And as well as me and my wife, I mean, we we have, you know, astronomical amounts of debt, you know, we're the normal uh average American family, you know, we have between 10 and 12 different debt items, between credit cards and couches and cars and you know, stuff like that, student loans, and the policy, the the plan that you guys keep referring to is is really great because we were potentially supposed to be in debt on our own plan for about 30 years. And with this plan in place, as long as we follow it, we're out of debt in less than nine years. It's like just over just under eight years. So it cuts almost 22 years off just by following the plan and following the structure.

SPEAKER_00 7:12

Well, crazy. The plan for most Americans are to work until you die. Um, and to work. I mean, we say that we retire at 65, but do people really retire at 65? No, because there's no plan in place. Uh, but you put a plan in place to help people, whether they're uh falling sick because of medical, a medical situation, uh, like you said, you have death benefits. If there's something that happens to a spouse, there's there's a plan for every particular situation and it's almost fail-safe. I mean, that's that's how you go to sleep at night feeling okay. And nobody wants anything bad to happen. However, if it does, we would like to know that there's a plan that maybe my kids don't have to live in uh that they don't have to give away everything that we worked for. Uh, perhaps that we have uh trust set up, that we have different strategies in place. Um, you've opened our eyes to that, me and Jesse, and we've kind of seen a few things in a different light just because you, your persistence in saying, no, I really believe that you guys need to take a look at this. Like you said, if you don't need to do it or you don't believe in it, or you don't want to do it, you don't have to, but at least sit down with me and let me talk to you about it. And I can respect that because you've given the given us the option, but you've you've said, here are some things that I think you need to look at. And you're right, we needed to look at it um with our rental properties, with uh, you know, different aspects that we didn't really consider. And so uh those people that have rental properties, those people that have assets that they've worked so hard to obtain, um, can you speak to that a little bit about and you know, specifically our situation, yes, but to other people that, you know, may have rental properties and they think, oh, well, I got enough and I'll just retire on that. And you know, it's no big deal. I have a plan in place. Uh, can you tell us a little bit about what your group will do for those people that have assets and things like that?

SPEAKER_01 9:01

Absolutely. Um, just to touch on the retirement part, you know, there is statistically saying that anywhere between the age of 18 and 60, the average American has about$2 million passed between their hands all the years that they're working. But yet that same average American retires about$60,000 on average in their bank account. You know, one of the biggest things about retirement is a lot of people, after they retire, become bankrupt because they only retire with$60,000 and they have one huge medical event or they're carrying, you know,$250,000 on average super late in life. Doesn't really leave much space for vacations and birthdays and Christmas presents and traveling and you know, that kind of thing. And so it really has that the can affect that older generation. You know, when anyone retires, say, hey, we're we're still being constrained by financial bounds because we don't have that type of freedom. So it's it's absolutely crazy. Um, you know, 75% on average of the money you make a month goes out the out the back door in bills and compounding interest. And so we really just continue to to reshape that conversation and try and figure out what people's plans are. Um, you know, back to your original question with the estate planning and trust and stuff, it's really just want to make sure that those assets are one, protected versus any litigation. Um and two, you know, a husband and wife say they they own a home and a car, that kind of thing, and one of them gets in an accident, and now someone has to make financial um decisions for the family, and someone needs to make a medical decision for that that loved owner, that individual. You can't do that. You know, there's a lot of laws out there, HIPAA being one of them basically saying, hey, you there's no um documentation in place relieving that liability from the hospital to allow you to make those those decisions. So with the state planning, you know, I truly believe everybody needs one. Anyone over the age of 18, they definitely need to at least have the conversation, just because it's really important to understand what you can and can't do and really make sure that in the event that you do become incapacitated, that someone that you know, you love, and you trust can make those decisions for you because that's that's really what it is. Is it's changing the conversation from okay, well, not what happens to my stuff after I die, but what happens while I'm alive and I can no longer make those decisions for myself.

SPEAKER_00 11:13

Yeah, you have to you need to have a plan in place. And uh, like I said, I just didn't really think of that. I thought I was doing everything right in the aspect of I'm you know saving money. I, you know, have a whole life policy. I have these different things, these policies in place, or I thought, but I didn't have the um, I kind of just went with someone that I thought might be able to help me and leading, which is crazy to me because our whole uh our whole podcast, our whole life, the last 13 years, uh we believe in coaching, we believe in finding somebody smarter than you to uh to help you through these things. And so this is what uh Devin does is he just helps you through the things that you don't know about, the questions that you're not sure to ask, the questions that uh maybe someone hasn't asked you, maybe you're a first generation of a homeowner or first generation of rental properties, or somebody that is uh wanting to be the first generation of um setting your life apart from all the others. And and you need somebody like Devin that says, here are some tools that that you may be able to put in your toolbox so that later on you can be better than the person before you or the person after you. And and that's all we're that's all that we us on our podcast and what Devin is trying to do is trying to prepare uh our current society for a better financial position and the people after us to be in a better situation. So um as far as financial wealth, um you're you're a first generation, I believe, of um the starting a policy like this and kind of putting these pol these uh play these things in place because um you had a financial not a financial um I think uh someone passed away and they didn't have things lined up right. Is that right?

SPEAKER_01 12:55

Yes. Um my wife, um, we were about a month out from our wedding and her father passed away. A very unfortunate. Um, but you know, that time should have been one of the happiest moments of our life. And, you know, we got hit, you know, we got hit with that that devastation of losing a loved one, a very close loved one matter of fact. And we spent days and weeks trying to find wills and a trust that we thought that there was and trying to really just settle that estate, trying to figure out what to do with what items, what assets there were, what to do with those assets, that type of stuff, while also trying to finish planning our wedding. Um, and after that, it really, you know, after that it hit me like, man, like this stuff is really important. So my wife and I started to take a few steps to put us both on the cars, on the bank accounts, that type of stuff. But I was also, you know, in law enforcement and I have a lot of friends in firefighting, that type of stuff. And I just the uh the all the time I've spent around first responders, no one's actually come to me and said, hey, in the event that you get injured on the job or you become incapacitated via, you know, some kind of um incident, like I said, on the job or just a car crash, is your wife allowed to make those decisions for you? And you know, the majority of people are gonna say, oh yeah, we're married. Well, that doesn't really buy them the powers of attorney that need to be set in place. Um, you know, a lot of people reference, oh, well, we're on the same bank account. That's absolutely fantastic. But when it comes to having to liquidate a property or a house or um a car to help pay for those medical bills, if you both are on the title or the deed, you can't because now that person is you know in a coma, they're incapacitated, they they can't sign anything. So you're you know, you're you're left with like, I don't really know what to do, and my hands are kind of tied. And you know, and a lot of people when those events come up, they look at taking out loans, taking out more debt, using the credit card, you know, that type of stuff. And so we really want to make sure, like, hey, let's make sure there's proper planning in place, let's at least have the conversation so that way when you are struck with a huge death in the family, it's not just it's it allows you the freedom to, I think, grieve properly and not necessarily be stressed out about, well, I just lost a loved one, now I'm grieving, and now I have to try and go through all of their stuff, all the paperwork, all of their estate. Wonder if they're gonna go through probate. Um, probate is is huge, and so that's that's what a trust is. You know, a trust is basically pre-probating all of your assets because it really just helps make sure that things get passed on versus having to go to a court and let the court decide who gets what, when they get it, how much it is, what it's worth, that type of stuff.

SPEAKER_00 15:26

Yeah, I didn't want to be one of those people. Um, I you know, you see on Facebook and all these different places where people are having to do a GoFundMe because, you know, your husband passed away or your wife passed away, and whether mom passed away, someone passed away, there's not even enough money for uh burial expenses, and uh then you have to start talking about the houses and the will and all these different things, and that's a very uh trying time uh to say the least, right? Um, during a death, but then you have to start talking about finances, and I tell people all the time, you know, uh it ain't no fun, it is not any fun talking about finances, but then you have to talk about finances and death at the same time. I mean, no, I mean it's terrible, it's it's terrible. So this is a um absolutely necessary. It's not a question if it's uh it it needs to happen and you need to have the conversations because death is unavoidable. So somebody is going to die, and most likely you're going to be put in a position where you're going to need to make uh have answers or make decisions regarding it, whether it's your children, your mom, your uh dad, spouse, loved ones, you will be in a position and you just want to be in a better position of how to handle it and not and be able to deal in the moment with the death and not all the additional layers of how do we pay for this? What happens to uh, you know, uh all the things that we've worked so hard for. Those are the conversations that we're trying to have you prepared for. And little did I know, I thought I I thought I was ready. Um Devin was likely were uh more prepared than most, I mean, or some. So I think that that's great. But I also with you know the things that you're doing, Devin, um, it puts things in perspective and it gives people uh an outlet and uh like we said, a roadmap um to get somewhere, even for in my situation. I thought, you know, for my girls, what am I gonna do? If something happens to me, what's what what where what are what are they gonna do? Where are they gonna go? I mean, I thought about all those things and I didn't have anything in place. So this gave me a little bit of it gave me some peace of mind to know that okay, I'm I'm working towards something. And what they say, you're one decision away from changing everything. And so I'm just making one decision, um, hopefully in the right direction. I say hopefully, but I know in the right direction that's gonna and take one step at a time to get where I'm trying to go. And you know, being able to pay off the house and saying, okay, well, that I don't have to wait till I'm 80 to pay that off. That's oh my gosh, that was a relief there. I'm like, oh, I can't pay it off. It it's where I can still enjoy it, you know. Uh so that was good information. And then having that death benefit, um, that was uh that was helpful too. Look at you, Dick.

SPEAKER_01 18:12

Absolutely. Um, you know, our my my company motto is where today's decisions become tomorrow's legacy, because that's that's really what we're trying to create. We're trying to to make people make the decisions today that's gonna help create a legacy for tomorrow, whether it be for them, their kids, future generations, um, that type of stuff. And I have a a two and a half year old little boy, and ever since you know he's come into my life, it's every every step I make is for is for him in the future. You know, I I want to be able to relish now in the fruits of the labor and you know, the connections and that type of stuff now, which is great. But it's all gonna come down to him, you know, what what legacy am I leaving behind for him? You know, what is what is what am I setting him up for for the future and what am I gonna teach him now that he can teach his kids and you know, many more generations to come. So that's that's really what we're about at Vanderview Legacy Group.

SPEAKER_00 18:59

I love it because yeah, um, that's what we should be. I mean, a lot of parents are are thinking, how do I make the um my, you know, our kids' life better? How do I how do I better them? What do I do with these assets? What do I do um to make them uh more financially prepared than I was? And so this is a way to start having the conversations about financial wealth, about financial literacy. And this is just another tool um in your toolbox uh to talk to Devin. So Devin uh he's local uh here in in central Texas, and so uh that's why we love it, um, is that we can bug him and uh we can give him a call pretty easily. And so we love that about him. Um, but if people want to reach out to you and and connect with you, how do they do that?

SPEAKER_01 19:42

Um, I have a Facebook page um called Vandevere Legacy Group. Um, we also just got our website up and running, and so my phone number and everything is on there. Um I also have uh an email, uh Devin at Vandevere Legacy Group.com. And then if anyone reaches out to me via Facebook or anything, I'd be happy to give my personal cell phone number. And um I'm a family guy, so if I don't if I don't answer a text back right away, it's usually because I'm chasing down a three-year-old, but I'll eventually get back to them as as soon as possible.

SPEAKER_00 20:10

So a couple minutes later because uh Devin he barely sleeps. Uh, usually if I text him, he's right on it, so I don't expect too much of a delay there.

unknown 20:19

Yeah.

SPEAKER_00 20:20

So and also we'll have that information for our listeners in our show notes here so that y'all can get in touch with Devin. Uh, but Devin, we usually end our show with a question. And uh it's if the walls could talk in your home, what would they say?

SPEAKER_01 20:35

That my two-year-old is becoming a three major very, very quickly. And it's all about numbers and strategy. Um, my wife works for Aquila Home Builders, and so when she comes home, she doesn't want to talk about numbers anymore. So there is a point where I talk about numbers and I started like, hey, this is what I think, this is what I this is what I learned today, this is how we can apply it, this is what I think is going on. And she just looks at me and says, You should just stop talking. So I would say if my walls could talk, they would say, Your two-year-old is crazy and you talk way too much about numbers and financial strategy.

SPEAKER_00 21:07

Hey, I you know what? I can't I can't be mad at her. I can't be mad at her or you. Uh the walls may say, I'm listening, Devin, I'm listening. If no one else is listening, the walls are for sure. That that's funny. Okay. Well, thank you so much, Devin, for being on our show. We appreciate having you here today. If you love today's episode, absolutely sorry about that. Okay, thank you for thank you for being on our show. Um, if you love today's episode, like, subscribe, or share. If you'd like to be on the show, just send us a D a DM. And until next time, keep dreaming big, planning smart, and remember with the right team, you hold the keys.