Blog

Joe Biden’s Tax Plan: What Has and Has Not Changed

When a new president takes office, tax planners and financial planners sift through campaign promises as if they were tea leaves, trying to predict what laws will change and how to adjust their planning accordingly. President Joe Biden has been in of… Read More

What Is An Estate and What Is Estate Planning?

Estate Planning Attorney Ted Gudorf explains What Is an Estate and What is Estate Planning? An Estate includes all the money – property that you own including homes, cars, collections & retirement accounts. It is a lifetime process, where I… Read More

Advance Directives in Ohio

Estate planning is about much more than disposing of your assets after your death. An important part of your estate plan deals with decision-making for your care during life, in the event that you are unable to make or express decisions for yourself.… Read More

How to Care for an Aging Parent

By Ted Gudorf, JD, LLM It’s a realization we all come to at some point: our parents, who used to care for us, now themselves need care. How to care for an aging parent is a financial and personal conversation many adults will have, and it includes… Read More

How Do Special Needs Trusts Work — and What Changes Have Been Made?

Most people with disabilities or special needs qualify for government benefits such as Supplemental Security Income (SSI) and Medicaid. Indeed, many of them depend heavily on these benefits for their survival. Government benefits on their own are oft… Read More

How To Plan For The Nursing Home?

If your family member is in a nursing home, it can be painful to watch them lose all their assets and income. For married couples this becomes even more devastating because you still need those resources at home for yourself too! There are strategies… Read More

Succession Planning for Family Farms

For farming families, the farm is a major asset and a source of income; a legacy from previous generations, and an inheritance for future ones. But many families fail to put in place adequate farm succession planning and asset protection, which can j… Read More

Top 5 Most Common Family Farm Estate Planning Mistakes

Estate planning is important for all adults, regardless of assets. That said, certain situations call for more specialized planning than others; family farm estate planning is definitely one of those. A family farm is a source of income, a significan… Read More

Meet Andrew: Attorney with Extensive Estate Planning and Medicaid Planning Knowledge

By Andrew White, JD No one likes to think about losing a loved one. But when the unthinkable happens, you need people you can lean on and trust to help you make difficult decisions and move forward. I became an attorney because I wanted to be that pe… Read More

What's The Difference Between A Will Vs. A Trust?

In this video Ted Gudorf of Gudorf Law Group, LLC will walk you through the difference between a will and trust. A will is a document that directs what happens to your property after you die; it also names an executor who is responsible for carrying… Read More