Todd is co-head of DLA’s global private client practice group and leads the international private client practice from Hong Kong and Singapore with frequent travel to the Middle East and Europe, as well as the Americas.
He represents wealthy individuals and families, along with their family-controlled businesses, trusts, foundations, and family offices, as well as the global financial institutions, private banks, and corporate and individual fiduciaries who assist them with wealth management. His practice focuses on family business governance and transition, international tax and business planning, cross-border investment structuring, estate and trust planning and administration, charitable planning, and tax and fiduciary litigation. While many of his clients come from a family business background, other clients include executives leading a company to an IPO or M&A transaction, entrepreneurs creating new technologies and building new industries, as well as athletes, entertainers and artists, all of whom require bespoke, individually-tailored solutions to their tax and business issues.
Given the global scope of his practice, Todd has significant experience implementing complex, multi-jurisdictional structures for family businesses and the families themselves, ranging from setting up private trust companies, family offices and onshore and offshore trust structures and other vehicles to help clients safeguard wealth for generations, to establishing private equity and hedge fund structures and implementing cross-border sales and acquisitions, to implementing pre-IPO and exit structures to optimise the after-tax return from an investment and to secure pre-immigration and expatriation benefits. Recent projects have included working with mature family businesses to ensure succession and growth from the first through the fourth generations, to taking a technology start-up from its inception in a founder’s basement to the boardroom of the Global 50 company that acquired the developed technology, to assisting the founders of a large private company with their charitable goals in the various countries where the company operates.
For clients with US tax issues, Todd advises on corporate, partnership and individual income, estate, gift and generation-skipping transfer tax matters, as well as on the special rules affecting persons with connections to the US and other jurisdictions, including persons married to non-US citizens, US beneficiaries of foreign trusts and foreign persons owning US assets. He has also focused on intrastate residency and trust planning, with an eye to reducing the burden of state level income tax as well as state death taxes. He has also advised hundreds of clients on participation in the US tax amnesty programmes, helping many avoid significant criminal and civil penalties.