Leading Private Client Lawyer Joins McDermott in New York
International law firm McDermott Will & Emery is pleased to announce that Todd Angkatavanich has joined our Private Client Practice Group as a partner based in New York. Todd focuses his practice on advanced wealth transfer and succession planning.
“McDermott clients will immediately benefit from Todd’s impressive knowledge and experience,” said Bill Butler, global head of McDermott’s private client practice. “He is an industry leader, a creative thinker and a natural collaborator. We are excited Todd has chosen McDermott as he will be an immediate asset to our team.”
Todd regularly creates and implements wealth transfer planning and investment structures to provide for the orderly and tax-efficient transition of family assets from one generation to the next while facilitating the effective stewardship of family assets for future generations.
“When I thought about returning to the practice of law, McDermott was the obvious choice, given the deep bench of industry heavyweights, long-standing friendships and the firm’s top tier platform and client base,” Todd said. “I look forward to working on cutting-edge, sophisticated planning matters for affluent families and their family offices. It is a privilege to be joining the ranks of McDermott’s elite private client group.”
Todd represents both national and international families and family offices in structuring multigenerational wealth transfer, preservation and business succession vehicles, with an emphasis on navigating the transfer tax pitfalls that often arise under Chapter 14 of the Internal Revenue Code. His practice often involves structuring vehicles such as Sales to Grantor Trusts, GRATs, Family Limited Partnerships, Preferred “Freeze” Partnerships, as well as “Vertical” and “Non-Vertical” approaches to planning with carried interests in private investment vehicles.
Prior to joining McDermott, Todd was a National Tax Principal with EY and prior to that he co-headed the US Private Client & Tax group at an international law firm. He received his BA from Fairleigh Dickinson University, his JD and MBA from Rutgers University, and his LLM from New York University School of Law.
Todd is the second New York-based partner to join McDermott’s Private Client practice this year following the arrival of Daniel Hatten in April.
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 of more than 110 lawyers is continually recognized as the top private client practice in the US and among the top practices worldwide. In 2022, McDermott’s private client practice was awarded the only national Band 1 ranking for Private Wealth Law in the US 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. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.