Please be advised that contacting Ruder Ware by e-mail does not create an attorney-client relationship. If you contact the firm by e-mail with respect to a matter where the firm does not already represent you, any information which you disclose to us may not be regarded as privileged or confidential.
Business succession planning is essential to the future of your life’s work – your business. A business succession plan involves issues of ownership, management, and tax savings to create a smooth transition of your business to future owners. The existence of a succession plan sends the message that you’re committed to your business’ long-term growth and assures the confidence of your customers, lenders, employees, and key suppliers.
The concerns facing business owners are unique – we respond by creating plans that will adapt to the changes you will inevitably encounter. Whether your situation is straightforward or complex, our attorneys are able to implement creative and flexible strategies to fulfill your personal and business needs. We will work closely with you to discover your personal goals and objectives, identify potential pitfalls, and develop innovative solutions.
For over 80 years, our attorneys have counseled business owners and families on various succession strategies designed to maximize business value and minimize state and federal taxes. Specific services include:
Our attorneys encourage a team approach and will work directly with your accountant, financial planner, life insurance agent, and other professional advisors to ensure the various components of your succession plan are properly integrated.
Founded in 1920, Ruder Ware provides business, employment, estate planning, and litigation services through its offices in Wausau, Eau Claire, and Green Bay, Wisconsin. A full-service law firm, over 40 attorneys provide clients with a one-stop approach to their legal needs. Ruder Ware, Business Attorneys for Business Success.
Posted on June 21, 2022 by Shanna N. Yonke
One of the most common questions asked by our clients is, “What is the difference between a will and a trust, and which is right for me?” Last week, I provided a brief summary of the differences between these two common estate planning tools in a vlog. You can view the vlog here. In this […]
Posted on February 23, 2022 by Shanna N. Yonke
Spring officially begins on March 20th – less than one month away. In Wisconsin, that means wedding planning is in full swing. One important item on many wedding planning to-do lists is a pre-nuptial agreement. We hear a lot about “pre-nups” in pop culture. One of the most iconic pop culture references is in the […]
Posted on February 22, 2022 by Aric D. Burch
Wendell knew he needed a financial power of attorney document in order to make sure he named someone to manage his finances and take care of his business if he was ever unable to do so on his own. However, Wendell was busy and didn’t want to take the time or spend the money to […]
Posted on February 14, 2022 by Ruder Ware Estate Planning Attorneys
You likely are aware, from the news and our prior communications, that Congress currently is considering proposals that may have a significant impact on many estate plans. Although we still cannot be certain which, if any, of the proposed changes will become law, we want to provide you with an overview of their potential effect […]
Posted on December 13, 2021 by Ashley L. Hawley
Drafting an estate plan allows a person to put into writing their wishes for division of assets upon death. Sometimes this means making a choice to give more to one child over the other, or to completely write out natural heirs of law. An uncle whose nephew is like a son to him may bypass […]
Posted on November 22, 2021 by Shanna N. Yonke
Last week, I provided a brief overview of the gift tax in a vlog. You can view the vlog here. In this blog post, I’ll expand on basic gift tax concepts, just in time to make your holiday gifts. What is the gift tax? Basically, the gift tax is a tax imposed on the gratuitous […]
Posted on September 20, 2021 by Linda M. Danielson
So you’ve received an inheritance and you’re married. The person who left you the inheritance probably intended for it to benefit you, not your spouse, if you get divorced. How do you protect the inheritance? Wisconsin law provides limited protection. Under Wisconsin’s Marital Property Act, which governs the classification of assets during marriage and on […]
Posted on September 1, 2021 by Ruder Ware Alumni
Estate planning is a process that must be customized to fit each individual’s unique situation. Each individual has their own priorities and issues to address. The priorities and issues for an unmarried individual are often different than those for married couples. Some of the common priorities and issues that arise in estate planning for unmarried […]
Posted on August 4, 2021 by Ruder Ware Alumni
If you’re preparing to send a child off to college this fall, you should add two documents to your back-to-school checklist: (1) a power of attorney for health care, and (2) a durable power of attorney for finances. Without these two documents, you may not have the authority to make health care decisions or manage […]
Posted on July 22, 2021 by Ashley L. Hawley
“Probate” is a legal term for the Court process of transferring assets out of a deceased person’s name and to that person’s heirs and/or beneficiaries. The difference between the term “heir” and the term “beneficiary” is that an heir is someone who is entitled to receive the assets of a deceased person who died without […]