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Limited Power of Attorney & Other Tools to Avoid Conflict Between Co-Agents

A Limited Power of Attorney, rather than General Power of Attorney, is one of the chief tools I use as an estate planning lawyer to reduce potential conflict between co-agents. Besides a Living Will and Healthcare Power of Attorney, it’s a good ide… Read More

Setting Legal Guardianship & ensuring Inheritance: Keys to Estate Planning for Young Families

Setting legal guardianship for your children and making sure you leave enough of an inheritance to support your children are the key objectives to estate planning for young families. Life insurance and a revocable living trust are the primary compone… Read More

Farm & Family Business Succession Planning: The Important Role of Insurance

In farm and family business succession planning, permanent life insurance policies play an extremely important role in that they equalize an inheritance between heirs who want to receive and run the farm or business and those who don’t. Combined wi… Read More

Ohio Nursing Home & Long Term Care: The First Priorities of Late-Life Planning

In Ohio, nursing homes and long-term care needs should be the first priorities of estate planning for folks over 65. Wills, trusts, and other estate planning tools that divide your estate amongst your heirs will mean little if your estate is consumed… Read More

Dayton, Ohio Estate Planning Attorney Welcomes You!

Welcome to our new blog. After nearly 25 years of practicing law, I decided it would be fun to share with you some of my insights on the law in general, and specifically on the law as it pertains to estate planning and elder law. Last week a middle a… Read More

Asset Protection For Physicians and Professionals

Asset protection for physicians and other professionals is extremely important because of the high risk for lawsuits natural to their profession. A successful lawsuit will gobble up hard-earned assets in short time. But a well-planned asset protectio… Read More

Protecting Inheritance from Divorce

An Inheritance that is not properly protected can be divided between divorcing spouses in family court. If you leave an estate to your adult child and he or she gets divorced, the money and property you left behind could end up in the hands of your c… Read More

Assisted Living & Nursing Homes Costs: Protecting Your Assets from Reimbursement

Assisted living and nursing home costs can be extravagant, eating away at your savings, assets and the inheritance you intend to leave for your family if measures aren’t taken to protect them. Because of the high expense of extended care, many elde… Read More

LLC’s and Limited Partnerships for Dayton and Ohio Asset Protection

The use of limited liability companies and limited partnerships for Dayton and Ohio asset protection is a common strategy because these business structures protect family assets from business risks and protect business assets from personal liability.… Read More

Dayton Asset Protection Strategies: Free Your Assets From Creditors and Lawsuits

Gudorf Law Group, based in Dayton, has asset protection strategies designed to protect a family’s assets in the event of an accident, business risk and other unexpected circumstances that may otherwise force a family to liquidate those assets to pa… Read More

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