Tom Mylott has joined Collas Crill as partner and head of the private client practice in the Cayman Islands. The expansion of the team and service offering in the Cayman Islands realises not only the confidence in this offshore jurisdiction but the firm's growing global presence and strategic development of its goals.
Tom and his team provide an additional arm to the firm's established and award winning international private client teams in Guernsey and Jersey. As a former director of a trust company and seasoned attorney in the field, Tom's experience is unique, having witnessed both sides of trust administration and wealth planning, and consequently endowed with a comprehensive understanding of wealth structuring and regulatory advice.
"The Cayman trusts and wealth planning market has been growing impressively over the last few years," explains Tom. "I am very excited to join Collas Crill at such an exciting time and feel very fortunate to be working with a dynamic and highly successful firm, particularly leading a regional trusts team with such a depth of expertise and experience."
Tom qualified as an attorney at one of London's "magic circle" firms in 2002 and managed a wealth planning team before his move to the Cayman Islands in 2010. He practised as an attorney specialising in trusts and wealth planning in the Cayman Islands for almost six years before assuming the role of a director of a Cayman Islands based trust company.
Building on his experience of running a trust company for the three years that followed, Tom then joined the firm to head up the Cayman Islands international private client and trust team. He is a full member of the Society for Trust and Estate Practitioners (STEP) and has acquired the STEP Advanced Certificate in UK Tax for International Clients. Tom is also a standing member of the Cayman Islands branch of the STEP Council, having served on the Council for the last four years and acted as Chair of the STEP Global Transparency Committee in Cayman.
The Cayman private client practice is supported on the contentious side by the wider dispute resolution team, headed by partner Stephen Leontsinis. Each of the team has more than 15 years' individual practice experience: senior associate, Sally Peedom, boasts extensive cross border experience in Australia, Guernsey and Cayman on both contentious and non contentious trust matters, whilst of counsel, Andrew Peedom, has significant contentious trust expertise in high profile trust cases and cross jurisdictional trust proceedings, involving leading UK counsel.
Stephen Leontsinis comments: "Traditionally, this firm has had an outstanding reputation in the private client and trusts space. We are firmly of the view that that tradition should be continued and nurtured and should form a cornerstone of our strategic objective of expansion in the Cayman Islands. Tom, Andrew and Sally have brought the dispute resolution team up to 10 members and their exceptional talent provides clients, and fellow colleagues, with an additional wealth of international experience to draw upon."