From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St. Wausau, WI 54403 715-842-0907 jason@eckertlawllc.com 165823 Traditional Asset Protection Planning Asset protection planning is the positioning of assets to protect your property before a claim or the threat of a claim arises. Several types of traditional asset protection planning have been around for years. The most common is liability insurance-automobile, homeowner’s or renter’s, personal property, umbrella, officers’ and directors’, malpractice, and the like. Another common type of traditional asset protection planning is the use of a business entity, such as a limited liability company, to segregate business accounts, property, and liabilities from personal ones. The final common type of traditional asset protection planning is established under state and federal law and allows individuals to exempt specific accounts and property from creditors’ claims. Call us today to set up your asset protection consultation. From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St. Wausau, WI 54403 715-842-0907 jason@eckertlawllc.com 165823 Traditional Asset Protection Planning Asset protection planning is the positioning of assets to protect your property before a claim or the threat of a claim arises. Several types of traditional asset protection planning have been around for years. The most common is liability insurance-automobile, homeowner’s or renter’s, personal property, umbrella, officers’ and directors’, malpractice, and the like. Another common type of traditional asset protection planning is the use of a business entity, such as a limited liability company, to segregate business accounts, property, and liabilities from personal ones. The final common type of traditional asset protection planning is established under state and federal law and allows individuals to exempt specific accounts and property from creditors’ claims. Call us today to set up your asset protection consultation.
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