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 166797 Asset Protection Tip #1 Asset protection planning uses legal structures and strategies to safeguard assets from creditors by completely or partially protecting them from a creditor’s reach. This type of planning cannot be done as a quick fix for your existing legal problems. You must put the plan in place before you know about a lawsuit. Under federal law, tax-favored retirement accounts, including 401(k)s and individual retirement accounts (IRAs), are protected from creditors in bankruptcy (with certain limitations). Therefore, maximizing contributions to your company’s 401(k) plan is not only a smart way to increase your retirement savings but also a safeguard against creditors, predators, and lawsuits. If your company does not offer a 401(k) plan, consider investing in an IRA for the same reasons. Do not let a lawsuit take away your money and property. Schedule a consultation today. 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 166797 Asset Protection Tip #1 Asset protection planning uses legal structures and strategies to safeguard assets from creditors by completely or partially protecting them from a creditor’s reach. This type of planning cannot be done as a quick fix for your existing legal problems. You must put the plan in place before you know about a lawsuit. Under federal law, tax-favored retirement accounts, including 401(k)s and individual retirement accounts (IRAs), are protected from creditors in bankruptcy (with certain limitations). Therefore, maximizing contributions to your company’s 401(k) plan is not only a smart way to increase your retirement savings but also a safeguard against creditors, predators, and lawsuits. If your company does not offer a 401(k) plan, consider investing in an IRA for the same reasons. Do not let a lawsuit take away your money and property. Schedule a consultation today.
The Medford Area Middle School Band would like to share a big thank you to all of our business/foundation donors as well as individuals who have supported the program via their Mattress or Kwik Trip Card Fundraiser. Individuals and organizations who have donated to the MAMS band program are: Medford Education Association, The Classes of 67-72, Patrick Marsh Foundation, Weather Shield LITE Foundation, Forward Bank, Nathan Bilodeau, AnnMarie Grant, and Purple Mattress. “If you see people from these organizations, please thank them! We have been able to raise about $8,500 through donations/grants and $7,000 through fundraisers. The generous support of our community has allowed us to purchase: 2 piccolos, 4 clarinets, 4 alto saxophones, 1 tenor saxophone, 3 trumpets, 3 trombones, and a bass drum stand,” said middle school band teacher Kendra Junk. “These instruments are going directly into the hands of the students. The best part of being able to provide new instruments is how excited students get when they receive a new and working instrument,” she said. They consistently have instruments that need to be repaired and are often coming back from repair with a higher repair cost than the value of the instrument. They have several instruments in student hands right now that are functioning enough to work but are not in great shape. If you would like to donate to the MAMS band program, would like to read more about the condition of our instruments, or to see the complete list of donors please visit: https://bit.ly/SupportMAMSBand. “As always thank you for your support of the MAMS Band Program,” Junk said. SUBMITTED
The Medford Area Senior High School Choir traveled to Holy Rosary Catholic Church on March 16 to put on a choir performance. Pieces including traditional arrangements as well as the choir members surrounding the audience with their voices. ALEX WILSON/THE STAR NEWS
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