McDermott Bolsters Wealth Preservation and Asset Protection Offerings for High Net Worth Clients
McDermott Will & Emery today announced the growth of the firm’s West Coast Private Client bench with the arrival of partner Elizabeth Glasgow in the Los Angeles office. Elizabeth enhances McDermott’s service offerings with over a decade of experience preserving wealth and protecting assets for high net worth individuals and their closely held businesses.
Elizabeth focuses her practice on multigenerational wealth preservation and tax minimization including the creation and implementation of dynasty trusts, business succession plans, asset protection strategies and charitable giving structures. She provides comprehensive advice on a wide range of issues facing mobile high net worth individuals and geographically dispersed families, including coordinated income tax planning across multiple jurisdictions. She is also an experienced counselor to the non-profit community and works with a variety of tax-exempt entities in fulfilling their charitable missions by ensuring proper formation and management of their organizations.
“Elizabeth adds a well-rounded wealth management skillset to our team as we continue to expand our West Coast footprint to address the needs of our clients,” said William (Bill) Butler, global head of McDermott’s Private Client Practice. “We know our clients – in California and around the world – are turning to us with their most complex and sensitive needs, and we are committed to broadening and deepening our ability to offer tailored, multidimensional solutions.”
Elizabeth will team with McDermott’s West Coast Private Client bench, including Lost Angeles partners Nicole Pearl and Michael Rosen-Prinz, to serve clients in an array of industries including entertainment, film and technology. Elizabeth is also licensed to practice in New York, which makes her an asset from coast to coast.
“I have worked with high net worth families and individuals in both California and New York, and I’m confident that my experience will complement McDermott’s coast to coast – and world renowned – private client offerings,” Elizabeth said. “The firm has some of the best private client practitioners that the legal field has to offer, and I am thrilled to be part of such a talented and dedicated team.”
Elizabeth earned her JD from Georgetown University Law Center and her LLM in Taxation from New York University School of Law. She is a frequent writer, speaker and lecturer on estate planning and is a co-founding member of RISE, an organization of women lawyers dedicated to developing and supporting each other’s professional growth and ensuring women lawyers have the necessary tools to shatter the glass ceiling in public service and corporate America.
McDermott’s Private Client Practice represents high net worth individuals, families and closely held businesses with an extraordinary focus on the client’s specific, unique objectives. The team, more than 100 strong, is continually recognized as the top private client practice in the United States and among the top practices worldwide. In 2018 McDermott’s Private Client practice was awarded the only national Band 1 ranking for Private Wealth Law in the United States by Chambers High Net Worth, a guide dedicated to the global private wealth market.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective—and often unexpected—solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.