Christopher J. Roman
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.
- 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.
Publications, Presentations & Recognitions
- “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)
- “Update on Family Office Structures in light of the Lender Case,” NYSSCPA/FAE Trust and Estate Conference, Webinar (Dec. 8, 2021)
- Illinois Rising Star, Illinois Super Lawyers, Thomson Reuters (2022)
- New Jersey Rising Star, New Jersey Super Lawyers, Thomson Reuters (2013)
No aspect of this advertisement has been approved by the Supreme Court of New Jersey. Methodology for recognitions can be found here.
Boards, Memberships & Certifications
- Chicago Estate Planning Council, Member