There's no Roth IRA conversion tax advantage from buying leveraged lifesettlements that couldn't be gained simply by paying the conversion tax out of other assets or by taking out a loan just for the tax bill.
Born in the Riverdale section of the Bronx, Wolk is a graduate of the University of Pennsylvania Law School who worked as a commercial lawyer in the New York area for years and, more recently, as a general counsel in the lifesettlements business.