What is Tax-Loss Harvesting?

Investing in stocks can yield great growth—but the flip side of that is that investing also involves risks. Some investments are winners, and others that looked promising initially fizzle disappointingly. But even those stocks that turn out to be d… Read More

Surviving Spouse Rights in Ohio

Few life transitions are more difficult than the loss of a beloved spouse. While they are grieving a life partner, a widow or widower also has to deal with their loved one’s estate, including figuring out what their own rights are to the estate. Wh… Read More

Navigating Estate Planning for Multigenerational Families

If you have created an estate plan to protect your spouse and children in the event of your death, you are already ahead of most people—the majority of American adults don’t have an estate plan. But if you have accumulated some wealth, or built o… Read More

Avoiding Estate Planning Scams

If we’ve said it once, we’ve said it a thousand times: every adult needs an estate plan. But about two-thirds of Ohio adults don’t have a will or any other estate planning documents. Maybe they were busy and kept putting it off. Maybe they didn… Read More

Who Has the Right to Plan Funeral Services in Ohio?

If you have ever had to plan funeral services for a loved one, you know that there are a lot of decisions to be made. Cremation or burial? Traditional funeral service, or celebration of life? Who will be invited to attend? Where will the final restin… Read More

The Elder Care Program at Gudorf Law Group

Watching parents and other loved ones grow older and more frail can make you feel helpless. You want to protect them and care for them. You want to preserve their dignity. And you may worry about their finances and whether they will have the resource… Read More

Saving the Family Farm from the Nursing Home

The annual cost of nursing home care in Ohio can be more than $100,000, and is likely to increase with every passing year. That’s an unbearable financial burden for most families, including families that farm. When the expense of nursing home care… Read More

What is an Inheritance or Probate Advance?

Have you ever stood outside a shop, waiting for it to open, while staring through the window at the very thing you need? It’s right there, yet you have no access to it. If you have had this frustrating experience, you can probably imagine what it i… Read More

Avoiding Issues When Applying for Medicaid

Over 1.4 million Americans, mostly elderly, live in nursing homes. Over 60 percent of those nursing home residents receive Medicaid benefits to pay for their care. No one likes to think about the possibility of needing long-term care, or not having t… Read More

Roth Conversion Rules

Owners of a traditional IRA may consider converting their retirement account to a Roth IRA. If a possible Roth conversion has been on your mind, you may wonder if it makes sense at this time, and what the pros and cons of a conversion. In this blog p… Read More