Doug Andrew – Walker vs. LSW

(p164) - Book - Missed Fortune - book written by Douglas R. Andrew titled Missed Fortune 101 – A Starter Kit to Becoming a Millionaire.
Plaintiff Witness: Kim Howlett
- Q Now, when you met with Mr. Cooper, did he recommend that you read any books to familiarize yourself with the IUL product?
- A Yes.
- Q Did he recommend that you read a book called Missed Fortune 101?
- A Yes.
- ...
- Q Did you read the book?
- A No. I only read very small portions of the book.
- ...
- Q Do you remember whether the book emphasized the importance of seeking the advice of a tax advisor to understand how the tax feature worked?
- Q Do you remember whether the book said that you shouldn't fund a life insurance policy solely from the equity of your home?
- Q Those weren't pages that you read?
- Q Do you remember that the book said each person should seek competent legal and accounting advice?
- Q Did you seek legal and accounting advice before investing in the IUL?
- Q Did you talk to a tax advisor?.
- A - all No <Howlett>