Madison Asset Protection Lawyer for Your Wealth

Experienced Legal Professionals Guiding You Through Asset Protection

At Krause Estate Planning & Elder Law Center, our legal professionals have been proudly helping clients throughout the greater Madison area draft comprehensive legal strategies to protect their assets. Our founding attorney, Dan Krause, is a Board-Certified Estate Planning Law Specialist* who has helped thousands of clients feel confident about their futures. Do you need an effective estate plan that will protect your wealth and assets from nefarious parties? Then reach out to our law office online or at (608) 344-5491 today to discuss which legal tools you need to ensure your assets are fully protected.

What Is Asset Protection?

Comprehensive asset protection requires detailed planning to precisely preserve wealth and avoid losing it because of business losses, taxes, and other unexpected obstacles. We know that you don’t want to risk losing your entire fortune, which is why you need to reach out to us to discuss the following:

• Asset Planning: Your house, real estate investments, stock, and retirement accounts are all valuable components of your estate. Our legal team can work with you to account for all of your assets so we can determine which legal tools you need for your unique plan.
• Liability Protection: Our legal professionals are familiar with the different ways to minimize risks from state and federal tax liens, claims from creditors and collection agencies, and ex-spouses or ex-business partners.

Does an LLC Protect Personal Assets?

An LLC can protect your personal assets in most cases. There are a few circumstances where there may be a threat to this, including:

• Not acting in the LLC's name when signing contracts or financial agreements
• Certain loan defaults
• Failure to observe corporate formalities
• Negligence or wrongful acts

Some of these circumstances are easy to avoid such as a wrongful act of fraud or assault, but others are not so obvious. There is a lot of fine print when signing documents for your LLC.

Protecting Your Assets in Madison: Local Insights and Resources

Living in Madison brings unique opportunities and challenges, particularly when it comes to asset protection. With a thriving economy and diverse community, residents often face concerns such as business liabilities, property disputes, and navigating local tax regulations. Understanding Madison’s financial and legal landscape is vital for safeguarding your wealth.

Local resources, like those provided by the City of Madison and the Wisconsin Department of Revenue, offer guidance on key regulations, from property taxes to business licensing. Leveraging these tools can empower you to make informed decisions that bolster your financial security.

For many Madison residents — especially small business owners and professionals — the risks of lawsuits or partner disputes can pose significant threats to their assets. Whether you run a local restaurant, consulting business, or invest in rental properties, having tailored strategies to address potential vulnerabilities is crucial. At Krause Estate Planning, we identify these risks and help you implement solutions that protect your hard-earned wealth.

The rise of online businesses and remote work has also introduced new challenges, such as cybersecurity risks and online liabilities. Ensuring your personal assets are safeguarded from business risks requires thoughtful legal structures, like LLCs, and proactive measures. Our team can guide you through these processes with insights specific to Madison’s evolving market.

At Krause Estate Planning, we’re dedicated to helping you secure your financial future. Combining a deep understanding of local regulations with a personalized approach, we create asset protection strategies tailored to Madison’s unique community needs.

Identifying Risks to Your Assets: Our Commitment

Our legal team is committed to helping clients implement proven legal strategies that will help preserve their wealth and shield assets. Krause Estate Planning & Elder Law Center in Madison represents professionals, small business owners, property owners, and others who are concerned about potential litigation, judgments, liens, and fraud. Get in touch with our firm to discuss how using special trusts, business entities, and other legal arrangements can protect your best interests.

Contact our legal team today if you need help protecting your personal and business assets from the following:

• Professional malpractice liability
• Personal injury suffered on your property
• Personal injury resulting from a motor vehicle accident
• Lawsuits filed by former business partners
• Personal liability of corporate officers and directors
• Liability arising from misconduct

Get Started on Protecting Your Assets Today

We use customized precise legal strategies based on the nature of our client’s assets and the tax regulations that apply to them. Our goal is to protect our client's assets in a manner that is effective, legal, and ethical. We take great pride in our unique approach to handling cases, and we have a strong reputation for providing stellar legal service to clients across Madison.

*The Estate Law Specialist Board, Inc.

To request a case consultation with a lawyer at Krause Estate Planning & Elder Law Center, please give us a call today at (608) 344-5491.