Blog

What is a Trust Protector or Trust Advisor?

March 20th, 2023
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

Estate Planning 101: Incapacity Planning

February 15th, 2023
If you asked 100 people on the street what estate planning is for, the great majority would probably say something like “to provide for your family,” or “to distribute your property after you die.” Those are certainly important reasons to hav… Read More

What is a Community Property Trust?

January 23rd, 2023
Ten states in the U.S. are classified as “community property” states, in which each partner in a marriage is considered to own half of the assets acquired during the marriage. Although community property jurisdictions constitute a small minority… Read More

How to Leave an IRA to Heirs

December 22nd, 2022
Retirement assets, including Individual Retirement Accounts (IRAs), often make up a large part of a deceased person’s estate. Retirement accounts are also, unfortunately, one of the biggest sources of estate-planning errors. The rules about distrib… Read More

Setting Up an LLC for Real Estate Investing

November 16th, 2022
Investing in real estate can be both lucrative and risky. While nothing can eliminate all the risk inherent in real estate investment, choosing the appropriate structure for your real estate business can minimize unnecessary exposure to risk. In Ohio… Read More

A Guide to Divorce and Estate Planning

October 20th, 2022
Like everyone, you have a vision for your future, and plans for how it will unfold. Unfortunately, the prospect of a divorce throws a wrench in those plans. You may need to change course regarding a number of objectives, including your estate plan. T… Read More

2022 Updates: FDIC Insurance for Trusts

September 14th, 2022
If you have ever walked into a bank, you may have noticed signage that indicates that each depositor is insured to a certain amount by the Federal Deposit Insurance Corporation (FDIC). It’s likely that you’ve never given those signs—or the FDIC… Read More

3 Legal Documents College Students Should Have

August 15th, 2022
If you’re the parent of a recent high school graduate or new college student, congratulations! This is an exciting time for both you and your child. You get to celebrate their achievements, and look forward to their bright future as they move into… Read More

Veterans’ Aid and Attendance Benefit Guide

July 20th, 2022
Veterans who served our country during wartime deserve not only gratitude, but all the financial benefits to which their service entitles them. Unfortunately, many veterans are unaware of all of the benefits they qualify for. One of the most commonly… Read More

Case Study: Estate Planning Process at Gudorf Law Group

June 17th, 2022
If you’re reading this, you probably already know that you need an estate plan, or need to update the one that you have. But you might not be sure where to start, or what the process involves. If so, you’re not alone: a recent study found that on… Read More
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