Wealth Strategies Journal

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Author: Managing Editor

Richard W. Nenno: A Practitioner-Friendly Guide to the Delaware Asset-Protection Trust

By Richard W. Nenno


Since July 9, 1997, when Governor Thomas R. Carper signed Delaware’s Qualified Dispositions in Trust Act (“Delaware Act”), Delaware and non-Delaware residents have been using the Delaware Act to save taxes, to protect assets, and to accomplish other purposes summarized below.  This article highlights key … Continue reading

Michael Sanders: How to Use the New Market Tax Credit to Subsidize Financing for Property or Expanding Businesses

By Michael Sanders


I. Introduction

The New Markets Tax Credit (NMTC) program was enacted by Congress as part of the Community Renewal Tax Relief Act of 2000.  The program was enacted to spur investment in low-income communities, with the hope that jobs would be created and lives would be … Continue reading

John J. Scroggin: Understanding Section 1014(e)

By John J. Scroggin

Author’s Note: The author gratefully acknowledges the insights and help he received from Michael Burns, Dennis Calfee, Sheldon Kay, and Jonathan Blattmachr in completing this article. The article was generated by a comment Jonathan Blattmachr made to the author about Code section 1014(e).

This article … Continue reading

The Estate Analyst – Clark v. Rameker, 573 U.S. _ (2014); No Bankruptcy Exemption for Inherited IRA

By Robert L. Moshman


It is not often that the Supreme Court provides a clear rule on any aspect of financial planning (or even graces our niche with a passing reference), so these occasions call for special attention.

On June 12, 2014, the Supreme Court’s decision in Clark v. Continue reading

John J. Scroggin: Tax Complexity, History, and Humor

By John J. Scroggin


Let’s start with the great quote in 1947 from the renowned Federal Judge Learned Hand: “In my own case the words of such an act as the Income Tax… merely dance before my eyes in a meaningless procession: cross-reference to cross-reference, exception upon Continue reading

John J. Scroggin: Where is the Estate Planning Profession Going?

By John J. Scroggin

“Predictions are difficult–especially about the future.”

Yogi Berra


This commentary will address the issue of the estate planning opportunities for younger estate planning attorneys and whether those opportunities are diminishing. While the focus of this commentary is on estate planning attorneys, many of the … Continue reading

John J. Scroggin: Tax Basis Planning – The Basics

By John J. Scroggin

An Expanding Frontier for Tax and Estate Planning: (Part of a Series of Articles on Tax Basis Planning)

Authors’ Note: This series of articles will not drill down to every nuance of every planning issue nor will we discuss every possible topic. To aid you … Continue reading