Dale M. Krause, J.D., LL.M. is the President and CEO of Krause Financial Services – a Wisconsin-based firm that specializes in crisis Medicaid planning through the use of Medicaid Compliant Annuities and other insurance products. Dale began his career as an estate planning and elder law attorney in Michigan. He eventually turned over his practice to pursue the design and development of Medicaid Compliant Annuities and established Krause Financial Services in the 1990s. Since then, his company has grown to a staff of over 25 elder care professionals devoted to providing solutions for those facing a nursing home stay.
Dale speaks at legal and financial planning forums throughout the country with the goal of educating and empowering elder law attorneys and advisors on their crisis planning cases. Notable affiliations include the National Academy of Elder Law Attorneys, National Network of Estate Planning Attorneys, Financial Planning Association, Society of Financial Service Professionals, Academy of Special Needs Planners, ElderLawAnswers, Certification for Long-Term Care, Lawyers With Purpose, American Association of Attorney-Certified Public Accountants, WealthCounsel, and ElderCounsel.
Dale’s work and experience have also been recognized in major publications, including Senior Market Advisor, NAELA News, The Wall Street Journal, and Lawyers Weekly USA. Adriane G. Berg interviewed Dale about Medicaid planning and the use of Medicaid Compliant Annuities in a post-Deficit Reduction Act of 2005 environment for her book, “How Not to go Broke at 102.” He was quoted in “Immediate Gratification,” which appears in the October 2010 issue of Financial Advisor Magazine, where he was recognized as a specialist in using immediate annuities in Medicaid planning. Dale was acknowledged in “Medicaid Planning: Proceed with Caution,” published by the National Ethics Bureau, which appears in the September 2006 issue of Senior Market Advisor. Most recently, he was quoted in Eleanor Laise’s article, Medicaid Annuities Help Protect Savings, featured in Kiplinger’s Retirement Report’s October 2017 edition. Additionally, several pieces of Dale’s presentation materials have been included in the Pre-Retirement Financial Planning Topics course curriculum at the College for Financial Planning.
Dale has achieved some of the top honors in the insurance industry, including “Top of the Table” (highest distinction) with the Million Dollar Round Table – The Premier Association of Financial Professionals. Additionally, he received the Chairman’s Leadership Award for outstanding performance and President’s Club status (highest ranking) from ELCO Mutual for the past ten years. In June 2009, Dale was appointed to the Advisory Board for Senior Market Advisor, a national publication for financial professionals. Dale was also the selling agent in the landmark Medicaid Compliant Annuity cases of Veith (Ohio) and Weatherbee (Pennsylvania).
Dale earned his B.S. degrees in Sociology and Political Science from the University of Wisconsin-Stevens Point in 1981; his J.D. from Thomas Cooley Law School, of Lansing, MI, in 1985; and his LL.M. in Taxation from DePaul College of Law, of Chicago, IL, in 1990. He is a practicing member of the Wisconsin State Bar and an emeritus member of the Michigan State Bar. He is a licensed insurance agent throughout the country and is also a Certified Medicaid Planner (CMP).