Dilip B. Patel focuses his practice on estate planning and related tax advice, estate and trust administration, asset protection planning, succession planning for businesses and charitable planning. Mr. Patel also serves as general counsel to many of his clients where he advises them on a broad range of areas including corporate, tax, employment and family law, with a particular emphasis in the investment management area.

Mr. Patel is a seasoned problem solver who works with a variety of clients including entrepreneurs, executives, artists, philanthropists, charities and family offices. In every engagement, Mr. Patel’s goal is to identify the client’s objective and develop a solution that effectively and efficiently meets that objective. Mr. Patel recognizes that clients do not have infinite time or resources and that, first and foremost, they are looking for a practical, not convoluted, legal solution. With his years of experience, Mr. Patel draws on a wide breadth of knowledge to identify issues effectively and design creative and straightforward solutions for his clients.

Mr. Patel has offered advice in a variety of matters including:

• Advising principals of investment funds (hedge and private equity) on estate planning, corporate and tax issues
• Representing individuals, families and their trusts and businesses on complex multi-jurisdictional estate and tax planning, including pre-immigration planning, expatriation planning and global tax minimization
• Advising charities on formation, operation and compliance issues, including resolution of issues related to overseas operations
• Planning with special assets such as artwork, carried interests, real estate, and domestic and foreign operating businesses
• Representing fiduciaries and beneficiaries in the administration of estates and trusts, including judicial settlement of accounts, family controversies and IRS audits
• Representing families and their fiduciaries in the formation and operation of their family offices

While a large portion of Mr. Patel’s practice involves estate and tax advice, some of Mr. Patel’s more memorable matters in recent years have included development of a sophisticated estate plan for a multinational family to deal with family businesses and vast holdings in hedge fund and private equity fund interests effectively, providing general counsel services in the launch of several successful hedge fund businesses, securing 175 lbs. of pure platinum bars from London for a client event and overseeing the development and construction of a community center.