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How to Convert a C Corporation to an S Corporation (And Whether You Should)

Since the implementation of the federal Tax Cuts and Jobs Act (TCJA) a couple of years ago, our office has received many inquiries about the benefits of converting an existing C corporation to an S corporation. In this article, we will briefly discus… Read More

Is Now a Good Time to Refinance My Mortgage?

The coronavirus pandemic has wrought havoc not only with people’s health and day-to-day lives, but with their finances. Some people are looking for a financial silver lining to this dark cloud in the form of a mortgage refinance. With a recent drop… Read More

What's the Best Way to Make a Gift to a Minor?

If you’ve been thinking about making a gift to a minor child or grandchild, you should first consider the pros and cons of gifts to minors. If you have weighed the advantages and disadvantages, and still want to make a gift, the next logical qu… Read More

Protecting Our Clients During the Coronavirus Pandemic

At Gudorf Law, our mission has always been to help our clients protect their families and prepare for future developments, whether anticipated or unforeseen. The current COVID-19/coronavirus pandemic has highlighted the need for planning and protecti… Read More

Making Gifts to Minors: Pros and Cons

One of the great joys of having worked and saved for most of your adult life is the ability to share your bounty with the people you love, including children and grandchildren. If some of those loved ones are minors, you may be wondering about the wi… Read More

Will Medicare Cover Your Hospital Stay?

Imagine that you discover you have a life-threatening illness. Fortunately, it is discovered early enough for treatment to be effective. You go to the hospital, have surgery, and spend two nights on the surgical ward before heading home to recover. Y… Read More

Will Your Personal Representative Be Able to Access Your Apple Account?

If you have an estate plan, when you die, the personal representative of your estate (and/or your trustee, if you have a trust) will be able to access most of your assets: your bank accounts, your investments, your real estate. But you may not have t… Read More

Where Does Your Trust Live (and Why Does It Matter)?

If you have a trust, you probably don’t think of it as having a residence. After all, it’s not a person, or even an entity; technically, a trust is a relationship between the person who created it (the grantor), the person who administers it (the… Read More

Moving a Nursing Home Resident From One State to Another

It’s a fairly common scenario: an older person, whose adult children may live in different states, begins to need more care than they can get at home. The older person and their family make the decision that nursing home care is needed, and a p… Read More

Five Essential Ohio Estate Planning Documents

You have no doubt heard and read a lot about the importance of having an estate plan. It is true that every adult (even young adults) needs an estate plan. But what exactly makes up an estate plan? Are there documents you must have, and those you can… Read More

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