Mr. Gudorf teaches financial advisors the benefits of establishing special needs trusts for disabled individuals. This includes discussing the distinction between first party and third party special needs trusts.
If a business owner, professional or other financially successful individual has a desire to protect assets from unnecessary taxes, lawsuits, other unforeseen events and transfer those assets to the next generation most efficiently, Ted Gudorf has an… Read More
Over the past few months in this space, we’ve been exploring possible changes to the estate tax under the Biden administration—and measures to minimize your tax burden. The discussion has included an alphabet soup of options including SLATs, DAPT… Read More
“The whole is greater than the sum of its parts.” This well-known saying is the reasoning behind valuation discounts, a tool that can be used to reduce the value of a business interest for transfer tax purposes, including estate tax, gift tax, an… Read More