Insights

Private Placement Variable Annuities: Tax Deferral Without the Insurance Layer

Next Vantage — Sat, 25 Apr 2026 16:06:48 GMT

In my previous article on private placement life insurance (PPLI), I described how families with significant taxable investment income can restructure the problem entirely, moving assets into an insurance wrapper that allows them to compound free of annual tax friction. The follow-on question I hear most often is a natural one: Is there a version of this that does not require a life insurance policy?

How Private Placement Life Insurance (PPLI) Changes the Tax Math

Next Vantage — Sat, 25 Apr 2026 15:53:55 GMT

There is a problem that comes up often in conversations with families managing sizable, income-generating portfolios. The investments are performing well and their advisors are competent. Yet every year, a substantial portion of what has been earned goes directly to the IRS and, depending on the state, to the state tax authority as well. For families in California or New York holding private credit, hedge funds, or other income-heavy alternatives, the combined tax drag can approach or exceed 50% on certain income types.

A Strategic Road Map for Wealth Disclosure

Next Vantage — Tue, 24 Mar 2026 00:23:01 GMT

By Frazer Rice

The Architecture of Family Wealth Meetings

Next Vantage — Tue, 24 Mar 2026 00:13:10 GMT

By Frazer Rice

How Simple Mistakes Kill QSBS Eligibility

Next Vantage — Thu, 12 Mar 2026 01:25:41 GMT

By Frazer Rice

What the Tax Code Actually Requires From a Family Office

Next Vantage — Thu, 05 Mar 2026 01:34:23 GMT

By Frazer Rice

A Family Office Is a Business Decision, Not a Status Symbol

Next Vantage — Thu, 26 Feb 2026 00:55:26 GMT

By Frazer Rice

Planning for Your Post-Exit Identity: Why Your Next Act Needs a Blueprint

Next Vantage — Wed, 25 Feb 2026 02:34:04 GMT

By Frazer Rice

Divorce Case Study: Lessons for Complex Families

Next Vantage — Tue, 06 Jan 2026 10:16:30 GMT

By Frazer Rice

Year-End Planning: What to Do Before the End of 2025

Next Vantage — Tue, 02 Dec 2025 00:43:55 GMT

By Frazer Rice