Ultra-affluent families often earmark a portion of their investment portfolio assets to create a legacy through charitable giving. Private Placement Variable Annuity (PPVA) investment accounts are beneficial because they can create additional value for the assets invested. PPVA investment accounts can achieve this because taxation on gains can be deferred or even eliminated. Owners also enjoy full ownership and control of assets during the donor’s lifetime. In comparison to taxable investment accounts, PPVA accounts can deliver nearly twice as much value after 20 years.