Overview

Chris is a trusted adviser in wealth planning and preservation for wealthy individuals and families. His clients include private business owners, families with established wealth, family offices, and principals of private equity and hedge funds.

Chris understands the personal nature of estate planning and strives to design plans tailored to each client’s individual needs. To accomplish his clients’ goals, Chris implements a wide variety of estate planning tools both during life and at death. These tools, including irrevocable trusts and family entities, aim to leverage a client’s estate, gift and generation-skipping transfer tax exemptions to transfer wealth in a tax efficient manner that is also protected from creditors.

Chris also fixes old estate plans, including the modification of irrevocable trust agreements through decantings and settlement agreements.

  • Experience

    • Serves as lead attorney to devise and implement estate, gift, and GST tax plans for ultra-high and high-net-worth clients.
    • Serves as the main point of contact for a large family office in all estate planning and trust-related matters, completing projects involving trust mergers and modifications, analysis of potential estate tax exposure, and structuring of intra-family loans.
    • Designed and implemented profits-interest structure for two family offices, each with assets under management of approximately $400,000,000.
    • Drafted complex directed trust to receive non-U.S. person’s $250,000,000 gift to daughter who is becoming a U.S. resident and designed funding of the trust.
    • Led estate administration and estate tax return preparation for patriarch of a wealthy family that included the filing of amended or late gift tax returns for 11 tax years.
    • Advised private trust companies in connection with entity structure, family governance, and succession.
    • Counseled international businesses on tax residency, tax planning, and intra-entity capital flows.
  • Credentials

    Education

    • Villanova University School of Law, LL.M., Taxation, 2013
      ACTEC Mary Moers Wenig 2013 Student Writing Competition, First Place
    • Brooklyn Law School, J.D., 2009
      Henrietta and Stuard Hirschman Memorial Prize
      Summer Abroad Program, Beijing, China
    • University of Notre Dame, B.A., Economics and History, 2004, cum laude

    Bar Admissions

    • Illinois
    • New Jersey
    • New York

            Professional Memberships

            • Chicago Estate Planning Council, Member
          • Insights

            TITLE
            News Release

            Schiff Hardin Adds Christopher Roman in Chicago to Growing Trusts and Estates Practice

            Schiff Hardin LLP today announced that Christopher Roman has joined the firm’s Private Clients, Trusts and Estates practice group as counsel in the Chicago office.

            Other Publications

            • “Transfer Taxes: 5 Questions to Ask Clients with International Ties,” Journal of Accountancy (Jun. 2015)
            • “Dead or Alive? Rescuing your divorced client’s life insurance policy from an ILIT,” Trusts & Estates, (Mar. 2014)
            • “Protecting Your Clients’ Assets from their Future Ex-Sons and Daughters-In-Law: The Impact of Evolving Trust Laws on Alimony Awards,” ACTEC Law Journal, Vol. 39, Num. 1 and 2 (Spring/Fall 2013)