Who We Serve And How We Can Help

By Ted Gudorf, JD, LLM Just as you wouldn’t want a plumber wiring the electricity in your new home, you don’t want just anybody guiding you in your legal and financial life. With something that important, you want to experience the peace of mind… Read More

Meet Ted: Why I Specialize In Estate Planning

By Ted Gudorf, JD, LLM As we move through life, we face all sorts of problems. Some of these challenges can be overcome on our own, but others need the help of professionals. When it came time for me to choose a career, I had one overarching goal—t… Read More

Understanding the Qualified Business Income Deduction

The Tax Cuts and Jobs Act (TCJA) has made some significant changes to the Tax Code, one of which is the implementation of the qualified business income (QBI) deduction. This deduction is found in Section 199A of the Tax Code. Although one goal of the… Read More

Ohio Medicaid Changes Rules Regarding House Exemption

Some recent changes to the Ohio Medicaid program may have escaped your notice at the time they took effect, but you should take notice if you or a loved one receives Medicaid in an Ohio nursing home or assisted living facility. The changes involve fi… Read More

How Do I Prepare My Trustee to Manage My Trust?

When you create a living trust, most of the time you serve as the trustee during your lifetime, with a successor trustee taking over upon your death. Depending on the terms of the trust document, the trustee may distribute trust assets shortly after… Read More

How Much Life Insurance Do I Need in My Estate Plan?

Life insurance: you know you need it, especially if you have minor children or other loved ones who depend on your financial support. Life insurance serves many functions in an estate plan, including providing a source of support to family, ensuring… Read More

Should You Have a Self-Directed IRA?

Most people own a retirement plan of some type. It could be a traditional IRA, Roth IRA, Simple IRA, Traditional 401(k), Roth 401(k), SEP IRA, or 403(b). Very few people know that they can convert any of these retirement plans to a self-directed reti… Read More

What You Need to Know About Retiring to Another Country

For decades, your career stretched out before you, with retirement seeming like a faraway dream on the horizon that might never arrive. Suddenly, that moment you’ve been saving for is rapidly approaching, and you are faced with the decision of… Read More

Should You Have a Qualified Income Trust?

If you are contemplating the need for long-term care, you know how expensive it can be to pay for. Medicare does not pay for long-term care, but Medicaid may be available to help with these expenses. Unfortunately, to become eligible for Medicaid ass… Read More

Third-Party Discretionary Trusts

There are many types of trusts, and they can be used to serve a variety of purposes: avoiding probate, minimizing taxes, protecting assets from creditors, providing for loved ones, and more. Your goal in creating a trust, and your circumstances, dict… Read More