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ARTICLES

Jul 23, 2021

TAKE A CHANCE ON ME! PART II Embracing the Magic of PPLI and PPVA

I am happy to be back from my writing hiatus. In retrospect I am not really certain what the reason was for the hiatus. Writer's block?...

Jun 28, 2021

TAKE A CHANCE ON ME! Tax Planning During the Biden Administration

I have been posting my articles on JD Supra since August 2012. I am grateful to JD Supra for helping me to spread the tax gospel of...

Jun 27, 2021

Journal of Taxation: The Way We Were!

Rediscovering the Planning Magic in Traditional Split Dollar Life Insurance (With a Twist!) Split Dollar life insurance has been around...

Apr 15, 2021

RETURN TO FOREVER - What Game Shall We Play Today?

Using the Planning Power of Split Dollar Life Insurance for Income and Estate Tax Planning Benefits I have mentioned in past blogs my...

Mar 30, 2021

TELL ME SOMETHING GOOD - Planning for Post-Retirement Medical Expenses With 401(h) Plans

Among other things, I am a big fan of soul music. I am also a big fan of gospel music, particularly the R&B influenced version of gospel...

Mar 18, 2021

HIPPER THAN HIP - Introducing the Corporate Sponsored Malta Pension Plan

If you have been reading my blog for awhile, you know that I am a huge Tower of Power (TOP) fan. While I am not a formal member of their...

Mar 12, 2021

NOWOTNY KNOWS SQUAT! Part IV Using Post-Retirement Medical Plans to Raise AUM & Sell Life Insurance

My Dad, Willy Wolfgang Nowotny (of blessed memory) would have turned 87 a few days ago (March 6). In prior articles I have discussed his...

Feb 4, 2021

NOWOTNY KNOWS SQUAT! Part 3 - Using Malta Pension Plans to Raise AUM and Sell More Life Insurance

I know that I have been going on and on about how much I love the Iron Game while retracing my steps from the unique perspective as an...

Jan 22, 2021

NOWOTNY KNOWS SQUAT! Part 2 - Using PPLI to Raise AUM and Sell Life Insurance

In the last installment I pointed out with pride the benefits of knowing “squat” at least in regard to the weight room. Fortunately, I...

Jan 15, 2021

NOWOTNY KNOWS SQUAT! Helping Financial Advisors Build a Clientele and Assets Under Management (AUM)!

Looking back, I distinctly remember my introduction to the Iron Game (weightlifting). At around age 5, I lived in Balboa, in the Panama...

Jan 7, 2021

KNOCK YOURSELF OUT - RESUSCITATING TAXPAYERS WITH BUYER'S REMORSE!

A thousand apologies to the generous readers who continue to put up with me and read my articles! My mother and father (of blessed...

Nov 20, 2020

WHERE EAGLES DARE-INTRODUCING MALTA SPLIT DOLLAR

Today marks the one-year anniversary of my Dad's (Willy Wolfgang Nowotny) passing on November, 17, 2019. My instinct is to be sad, but I...

Nov 12, 2020

SO VERY HARD TO GO (NOT)!

In Pursuit of Puerto Rican Tax Incentives For any of you that have been reading my articles for any time, you know that I am a lover of...

Nov 5, 2020

IT NEVER RAINS IN SOUTHERN CALIFORNIA - INTRODUCING THE MALTA FREEZE

While growing up in the Panama Canal Zone, I lived on the Pacific side of the Canal Zone, e.g. on the Pacific Ocean side. The main town...

Oct 27, 2020

Isla del Encanto – Introducing Boricua Split Dollar

By now it should already be well that I grew up in the Panama Canal Zone. However, my Latin "thing" didn't happen until I was in the 10th...

Oct 23, 2020

THE ACCIDENTAL ENTREPRENEUR PART V

Using the Ideal Corporate Structure for Personal Healthcare Cost Savings We continue with Part V of The Accidental Entrepreneur. So far,...

Oct 16, 2020

THE ACCIDENTAL ENTREPRENEUR PART IV - CREATING THE FAMILY PENSION PLAN

I have been pontificating ad nauseam some readers might say, on the benefits of structuring a family business and investment holdings in...

Oct 9, 2020

ROCK OF AGES

The Arithmathean Pension Plan - Using the Pooled Income Fund for Non-Deferred Compensation Planning The first article for professional...

Oct 2, 2020

HEAVEN CAN WAIT

Using Loan Method Split Dollar in the After Life! I spent the summer of 1980 before entering my sophomore (Yearling) year at West Point...

Sep 24, 2020

THE ACCIDENTAL ENTREPRENEUR - PART III

Tax Benefits and Possibilities of The Optimal Corporate Set Up Part II of this series introduced a new recommendation for business owners...

Sep 14, 2020

THE ACCIDENTAL ENTREPRENEUR - Part II

The Optimal Corporate Set Up In April 2016, I wrote Part One of this series. You can read this article on JD Supra. Part One focused on...

Sep 9, 2020

WHERE HAVE YOU GONE, CHIP HILTON?

As a child growing up in the Panama Canal Zone my connection to the professional sports in the United States came primarily through the...

Aug 26, 2020

THE PAPER CHASE

Using the Loan Method of Split Dollar as an Alternative to Attorney Fee Deferrals One of my favorite movies that inspired me to go to law...

Aug 19, 2020

THE SPLIT DOLLARMINATOR!

Using Commercial Lending to “Juice” the Funding of Loan Method Split Dollar Arrangements In past articles, I have vigorously defended the...

Aug 11, 2020

Mad Dogs and Panameños!

Using the Leveraged Split Dollar Rollout (LSD™ Rollout) to Terminate Loan Regime Split Dollar™ Plans Over the last several weeks, I have...

Aug 6, 2020

ATTENTION ALL CADETS! CLAT Your Hands for Army!

How Old Grads Can Use the Charitable Lead Annuity Trust (CLAT) to Reduce Income Taxes and Win the All Academy Challenge! If you are like...

Aug 5, 2020

It's (Not) Too Late, Baby!

Using Late Start Split Dollar to Create Financial and Tax Leverage I have mentioned in prior articles that I am not particularly a fan of...

Jul 27, 2020

SWITCH HITTER!

Maximizing the flexibility of Split Dollar Life Insurance to Create Maximum Financial and Tax Leverage Growing up in the Panama Canal...

Jul 20, 2020

FATHER KNOWS BEST

Rediscovering the Lost Glory of Split Dollar Using Loan Regime Split Dollar My father (of blessed memory), Willy Wolfgang Nowotny, died...

Jul 9, 2020

THE WONDER YEARS

Rediscovering the Magic of Split Dollar Life Insurance The TV series The Wonder Years is one of my favorite TV series. The series depicts...

Jul 2, 2020

California Dreamïn

Reimagining the Tax Planning Paradigm for Trial Attorneys It never occurred to me before or after law school to become a litigator....

Jun 26, 2020

Dark Side of the Moon

The Peculiarities of the Alternate Investment Diversification Testing Method for Variable Universal Life Universal

Jun 23, 2020

PIF - The Magic Dragon, Part II

The Pooled Income Fund is a PIF for all seasons. The tax attributes in the current low interest environment has stronger attributes than...

Jun 20, 2020

The Family Loan Shark

Today's low interest environment creates an excellent opportunity for high net worth investors to build and transfer wealth strategically...

Jun 19, 2020

War of the Rosás! - Use of a Pooled Income Fund in Divorce Tax Planning

Using a Pooled Income Fund ("PIF") in divorce tax planning

Jun 5, 2020

Attention All Cadets! Fortifying Your Rockbound Highland Home

3 ways to leave a financial legacy to West Point, eliminate your tax burden and receive income for a lifetime

Jun 5, 2020

Saving Florence Nightingale: Tax Planning Considerations for Traveling NursesDuring COVID - Part I

Traveling nurses more than deserve the financial windfall in the current pandemic given the danger and potential long-term health risk...

May 21, 2020

Surf’s Up, Dude! High Tech Tax Solutions for High Tech Workers!

The ability to prosper through the intelligence, entrepreneurship and risk taking of technology innovators and entrepreneurs is exciting...

May 14, 2020

What a Difference a Day Makes: Market Changes Favoring the Sale of Private Placement Life Insurance

It is a new day for life insurance agents and financial advisors who have avoided PPLI not because it was bad for their clients...

May 8, 2020

Saving Florence Nightingale! Tax Planning Considerations for Traveling Nurses During COVID - Part II

Traveling nurses are among the first responders facing grave threats to their own personal health sacrificing for their patients.

Apr 27, 2020

Love in the Time of the Corona Virus: Basic Estate Planning Considerations Part III

In my experience, most people are underinsured. A financial needs analysis performed by a life insurance agent or an attorney can pinpoint..