Asset Protection Planning
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We advise clients on how to increase their incomes, grow their businesses, and manage their investments. We also advise clients on the legal means available to protect their incomes and assets from the potential claims of creditors. In this imperfect and uncertain world, this kind of specialized planning has become a priority for many Americans who want to protect their assets for their retirement or for future generations.
Asset protection planning requires a diverse set of legal skills. In addition to the many techniques used in estate planning, our asset protection attorneys provide the following services:
- Domestic asset protection trusts
- Offshore asset protection trusts
- Family limited partnerships and limited liability companies
- Domestic partnership agreements
- Discretionary spendthrift trusts
- Self-settled special needs trusts
- Third-party special needs trusts
- IRA protection trusts
- Qualified Terminal Interest Property (QTIP) trusts
- Liability insurance planning
- Health and disability insurance planning
- Long-term care insurance planning
Founded in 1920, Ruder Ware provides business, employment, estate planning, and litigation services. A full-service law firm, over 45 attorneys provide clients with a one-stop approach to their legal needs. Ruder Ware, Business Attorneys for Business Success.
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Posted on July 23, 2026 by McKenna K. Coffeen
When applying for Wisconsin Medicaid long-term care programs, financial eligibility is only part of the process. Individuals must also demonstrate that they meet the required level of care through what is known as the functional screen test. The functional screen is a standardized assessment used in Wisconsin to determine whether an individual qualifies for Medicaid-funded […]
Posted on July 8, 2026 by McKenna K. Coffeen
One of the most common concerns families face when discussing long-term care is cost. Whether care is provided at home, in an assisted living facility, or in a nursing home, long-term care expenses can become significant very quickly. In Wisconsin, nursing home care can cost thousands of dollars each month, and even part-time in-home assistance […]
Posted on June 24, 2026 by McKenna K. Coffeen
When a loved one begins to need help with daily activities, families often face difficult decisions about care. Long-term care is not limited to nursing homes—it includes a wide range of services that help individuals manage daily living when age, illness, disability, or cognitive decline makes independent living difficult. Long-term care may include help with […]
Posted on October 26, 2022 by Ruder Ware Alumni
Paying for nursing-home and long-term care can seem daunting when the cost can be $5,000 to $12,000 per month – or more. When a married couple is no longer able or willing to privately pay out of pocket for care and chooses to apply for Medicaid, it’s a complex process. The Medicaid agency must analyze […]
Posted on April 14, 2022 by Ruder Ware Alumni
Do you prefer face-to-face meetings? Do you struggle getting through a phone tree or finding what you need online? Many of our clients receive Social Security Retirement benefits, Social Security Disability benefits, and various other benefits provided through the Social Security Administration (the “SSA”). Recently, Kilolo Kijakazi, the Acting Commissioner of Social Security, announced that […]
Posted on November 23, 2021 by Mark D. Munson
The Centers for Medicare and Medicaid Services (“CMS”) recently released key Medicare figures for 2022 that will affect all elderly and disabled individuals who receive program benefits. This notice summarizes the changes and their impact on various benefits. As is normally the case, Medicare deductibles and premiums have both increased and decreased for 2022. Many […]
Posted on August 9, 2021 by Ruder Ware Alumni
On Friday, August 6, 2021, Wisconsin Governor Tony Evers signed into law six new laws for Wisconsin. One of the new laws, addresses five key issues regarding the elderly. They are: Increased penalties for crimes committed against an elderly individual. Increased the penalty for the sexual assault of an elderly individual. Creates a crime of […]
Posted on June 16, 2021 by Shanna N. Fink
Summertime is a special time of year in Wisconsin. It brings many families to cabins where they create memories and traditions that will be cherished forever. However, many problems arise if families do not create a plan for the future ownership and management of the family cabin. The cabin may be subject to the claims […]
Posted on June 1, 2021 by Mark D. Munson
The Wisconsin Department of Health Services recently announced the “minimum monthly maintenance needs allowance” (“MMMNA”) will be increased from $2,873.34 to $2,903.34 starting on July 1, 2021. As part of laws designed to prevent spousal impoverishment due to the high cost of long-term care, the “community spouse” (who is the spouse of an individual receiving […]
Posted on May 10, 2021 by Ruder Ware Alumni
We all want to save time and money when possible. So, when I am asked if the standard Wisconsin power of attorney for finances is sufficient, I understand the motivation to put a crucial document in place quickly and economically. The state form is legally valid and will give your agent certain powers to manage […]
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