Zach’s practice focuses on advising individuals, institutional fiduciaries, private wealth managers, and their counsel on matters involving Delaware trusts and estates.
He regularly works with clients to settle new trusts and to modify existing irrevocable trusts through decantings, mergers, consent modifications, non-judicial settlement agreements, administrative amendments, and judicial reformations. Additionally, Zach assists clients with the creation and modification of estate plans and the administration of Delaware estates.
Drawing on his knowledge of Delaware trust law and his litigation experience, Zach also advises individuals and fiduciaries in connection with contested and uncontested matters in the Delaware Court of Chancery.
Zach is an active member of the Estates and Trusts Section of the Delaware State Bar Association where he serves as the secretary of the Section and committee chair for the Electronic Wills and Trusts Committee. Zach is also a member of the Delaware Estate Planning Council. In 2020, he graduated with the inaugural class of the Mid-Atlantic Fellows Institute of the American College of Trust and Estate Counsel (ACTEC). In 2021, he was recognized as an “associate to watch” in Chambers HNW’s guide to leading individuals in Delaware private wealth law.
He regularly writes on Delaware law developments and serves as Delaware contributor to Thomson Reuters’ Practical Law guide on Estate Tax.
Prior to joining Morris Nichols, Zach worked as an associate in the litigation department of a Delaware law firm and gained experience in financial services as an accountant at a large international facility management company.
News & Insights
- Media Mention, Chambers High Net Worth, 07.22.2021
The 2021 edition of Chambers High Net Worth has again ranked Morris Nichols in Band 1 for Private Wealth Law in Delaware.
- Article, Delaware Banker Magazine, Spring 2021
When implementing a plan involving the transfer of assets to more than one trust with overlapping donors and beneficiaries, prospective donors and their advisers should be mindful of the possible application, and implications, of the so-called “reciprocal trust doctrine.”
- Article, Delaware Banker Magazine, Spring 2020
One of the many significant developments in the field of trust lawover the past decade has been the increasing popularity of so called “silent trusts”. The term “silent trust” generally describes an arrangement in which a trustee is prohibited under the terms of a governing instrument from providing information to the trust’s beneficiaries, or where the trustee is relieved from its common law duty to provide information to beneficiaries, so that information is only shared when it’s deemed appropriate.
- Delaware Estate Tax Q&A, Delaware Durable Power of Attorney & Delaware Advance Health-Care DirectiveArticle, Practical Law, 04.27.2020
Morris Nichols attorneys Todd Flubacher and J. Zachary Haupt authored three guides on Delaware law for Practical Law. Their Delaware Estate Tax Q&A guide addresses whether a jurisdiction has any estate tax or other similar taxes imposed at death and, for jurisdictions currently imposing a state estate tax.
- Article, Trusts & Estates Magazine, 08.01.2019
In June, Delaware enacted its latest installment of annual trust legislation. Trust Act 2019 includes many revisions and clarifications, but two new statutes, Sections 3343 and 3344 of Title 12 of the Delaware Code, represent material advancements in the law.
- Zach Haupt Accepted into the Mid-Atlantic Fellows Institute of the American College of Trust and Estate CounselFirm News, 06.19.2019
Wilmington, DE (June 19, 2019) -Morris, Nichols, Arsht & Tunnell LLP associate J. Zachary Haupt has been accepted into the inaugural class of the Mid-Atlantic Fellows Institute of the American College of Trust and Estate Counsel (ACTEC).
- Article, Delaware Banker Magazine, Spring 2019
The U.S. Supreme Court will soon render a decision that could have a significant impact on the manner in which some states tax income accumulated in nongrantor trusts.
- Firm News, 05.23.2016
Wilmington, DE (May 23, 2016) - Morris, Nichols, Arsht & Tunnell LLP is pleased to welcome J. Zachary Haupt to the Trusts, Estates & Tax Group. With six years of experience practicing law in Delaware, he recently earned his LL.M. in Taxation from Georgetown University Law Center. Before entering private law practice, he was an accountant at a large multi-national facility management company.
- Article, 06.29.2011
J. Zachary Haupt, “If You’re Incorporated in Delaware, You Can Be Sued in Delaware, Federal Judge Says,” Del. Bus. Ct. Insider (June 29, 2011)
- Article, Delaware Business Court Insider, 04.27.2011
Professional & Civic
Delaware Estate Planning Council
Delaware State Bar Association (Estates and Trust Law Section, Secretary and Chair of the Electronic Wills and Trusts Committee; Taxation Section)
Mid-Atlantic Fellows Institute of the American College of Trust and Estate Counsel (ACTEC) (Member of Inaugural Class)
Thomson Reuters’ Practical Law (Delaware Estate Tax Contributor)
Uniform Law Commission (Observer, Electronic Wills Drafting Committee)
Georgetown University Law Center, LLM, taxation, with distinction, 2016
Widener University School of Law, JD, magna cum laude, 2009
The Delaware Journal of Corporate Law, articles editor, 2009
University of Delaware, BS, Finance and Management, 2001
- Delaware, 2009
- US District Court for the District of Delaware, 2010
- US Court of Appeals for the Third Circuit, 2010