Blog

One of the first decisions a business owner is faced with is what business entity they should choose for their company. For many businesses, the choice comes down to two options: a limited liability company (LLC) or S corporation. An S corporation is… Read More

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

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

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

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

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

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

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