Legal Guidance for Life

Tom Schroeder

Thomas Schroeder

Tom Schroeder, J.D.

Thomas M. Schroeder focuses his practice on estate planning for individuals and families, with a particular emphasis on estate planning for non-traditional couples.  This includes succession planning for closely held businesses, and charitable gift arrangements.  Tom has extensive experience in trust and estate administration, and in assisting clients in arranging for appropriate care for aging family members, using his extensive network of contacts to meet the unique needs of each individual and each situation.

Tom earned his B.A. with honors and special honors in Senior Thesis from Lake Forest College in Lake Forest, Illinois.  While at Lake Forest, Tom was elected to Psi Chi, the National Honorary Society of Psychology.  He also became a member of Phi Beta Kappa.

Tom earned his J.D. cum laude from Northwestern University School of Law in Chicago in 1972.  While at Northwestern, he was a member of the Editorial Board of the Law Review.

After completing his law school education, Tom began his legal career as an associate with the firm of Sidley Austin in Chicago, one of the nation’s largest law firms, where he concentrated in real estate matters. 

In 1981, he became Vice President and General Counsel to Field Enterprises, Inc., the holding company owned by members of the Marshall Field family, becoming Executive Director in 1986, a position he held until establishing his own practice in 1989.  His private practice has included representation of members of several high-profile Chicago families in connection with the restructuring of family-owned businesses.

Tom joined Prather Ebner as Of Counsel in July, 2015.  He currently serves as a member of the Professional Advisory Committee of the Chicago Community Trust, as well as the Professional Advisory Committee of The Chicago Foundation for Women.  Tom has served as a Trustee of The Cornerstone Foundation, the endowment fund which supports the work of Lutheran Social Services of Illinois, one of the largest church-related social service organizations in the United States.  He also served as a member of the Board of Governors of the Human Rights Campaign, and the Advisory Committee of the Roger Baldwin Foundation of the A.C.L.U.

Tom is a native of Chicago.  Among his other interests are international travel, particularly to the Far East, architectural history and glass paperweights.  He lives on the near north side of Chicago.