» Estate Planning

How to Plan for Nursing Home Costs

There’s a bumper sticker that says, “Be nice to your kids—they’ll be picking out your nursing home.” But while the saying might be good for a laugh, your monthly nursing home bill sure won’t be. AARP has estimated that 35% of people who a… 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

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 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

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

Can a Guardian Make an Estate Plan for a Ward?

A guardian of a legally incapacitated adult can do a lot of things for him or her: pay and collect debts, file lawsuits on the ward’s behalf, make investments, manage real estate, and more. But can a guardian make an estate plan for a ward? It… Read More

Assisted Suicide Bills Pending in Many States

The Maine Legislature voted this week to legalize assisted suicide. The measure passed by a one-vote margin, and, at this writing, sits on the governor’s desk awaiting signature. The bill would allow doctors to prescribe terminally-ill patients wit… Read More

Electronic Wills in Ohio

A last will and testament is an important document; among other things, it dictates the distribution of a deceased person’s property to his or her intended beneficiaries. As such, it is important to be sure that a document appearing to be a val… Read More

Estate Planning for Cryptocurrencies

Estate planning, like most aspects of life, changes over time. One of the most striking recent changes is the need to plan for cryptocurrencies like Bitcoin, which did not exist a little more than a decade ago. Yet because of the potential value of t… Read More

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Ted Gudorf is informed, educated and dependable. If you’re looking for an attorney who specializes in Estate Planning, or Elder Care Law. I can recommend Ted. Please contact me for Ted’s contact information. All The Best, Ed White, CLU, C… Read More
– Ed White, Financial Advisor, A Balanced Financial Planning Co.

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