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

Buying an Annuity: What to Know

If you’re thinking about financing your retirement, you may wonder how buying an annuity could fit into the picture. If you are wondering how to buy an annuity, where to buy an annuity, or simply whether or not you should purchase one, we have some… Read More

1035 Exchanges for Life Insurance and Annuities

What do you do if you have a life insurance policy or annuity, and discover that another policy or annuity better meets your needs? Do you have to pay tax on the gains in your old policy before transferring the cash value to a new one? In many cases,… Read More

SECURE Act 2.0

In 2019, the federal government passed the Setting Every Community Up for Retirement Enhancement Act—more commonly known as the SECURE Act, the predecessor to the SECURE Act 2.0. That legislation made important modifications to laws affecting retir… Read More

What is a Trust Protector or Trust Advisor?

With the growing popularity of trusts in estate planning, including trusts that may last for two or three generations, creators of trusts may be concerned about how to ensure their intentions for the trust are honored. A trust protector or trust advi… Read More