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Bedi Legal Blog
Bedi Legal, P.C. has built a hard-earned, solid reputation for its professionalism and excellence in legal services. Our team also publishes blog posts to help you stay up-to-date in estate planning practices and to help you learn more about the legal and financial matters that are important to you.
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What to Know When Setting Up Your Trust and Selecting a Trustee
A trust is not only a tool for the wealthy. In addition to serving many functions, they solve specific problems relating to the dynamics...
Sep 26, 20233 min read
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An Overview of Grantor-Retained Income Trusts
In wealth transfer and estate planning, some people seek strategies that preserve their assets, as well as provide financial benefits....
Sep 19, 20233 min read
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Your Guide to Appointing a Power of Attorney
As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs when...
Sep 5, 20234 min read
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Charitable Remainder Trust Types: An Overview
In philanthropy, charitable giving has long been a cornerstone. People enjoy making meaningful contributions to causes that are close to...
Aug 22, 20232 min read
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How to Designate a Special Needs Child as a Beneficiary of an IRA or Retirement Plan in a Trust
It is important to carefully plan how to leave behind assets to benefit a child with special needs, so that their government benefits can...
Aug 8, 20233 min read
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Legal Trends in Estate Planning: Planning for the Future
The new federal and state laws are requiring a more dynamic approach to estate planning in order to efficiently manage and disperse a...
Jul 25, 20234 min read
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The Digital Footprint of a Loved One After Death
In most cases, adults haven't even made a will, let alone created an estate plan that takes online profiles and accounts into account. As...
Jun 13, 20234 min read
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The Cost of a Doctor’s Visit Is Out of Reach for Many Americans
Think about how you would feel if you were ill and were unsure whether or not you could afford medical care. Unfortunately, for many...
Jun 6, 20233 min read
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A Guide to Living Wills: Ten Things to Know
How would you decide how to care for yourself if you were seriously ill or accidentally injured? You don’t have to be old to become...
May 23, 20234 min read
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Free Online Legal Documents Should Not Be Used as a Power of Attorney, and This Is Why
You can delegate the power of attorney to someone you trust to conduct transactions or make decisions on your behalf. They could be...
May 16, 20233 min read
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Understanding the Basics of a Special Needs Trust
Family members with special needs can benefit from special needs trusts (SNTs) by ensuring they have the resources to thrive long-term. A...
May 9, 20234 min read
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Reforms to the Tax Code That Affect Retirement and Estate Planning
As a result of the Inflation Reduction Act (IRA), which became law in August 2022, as well as SECURE 2.0, tax provisions have been...
Apr 18, 20235 min read
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Technology in Senior Care and Elder Law: An Overview
Technology advancements in telehealth, smart homes, and self-monitoring medical devices are helping aging Americans live longer and more...
Apr 4, 20234 min read
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A Guide to Understanding Living Wills
In a living will, you specify what type of treatment you would like to receive when you die. It is often accompanied by a healthcare...
Mar 28, 20232 min read
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Mitigating Inflation by Managing Retiree and Near-Retiree Benefits
Americans will continue to experience high inflation well into 2023 and beyond without major course corrections. Bankrate’s Third-Quarter...
Mar 21, 20234 min read
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As Part of Your Will or Trust, Include a Memorandum About Your Personal Property
In the aftermath of a parent's death, children often argue over mom and dad's favorite items. Arguments can take place over things like a...
Mar 14, 20232 min read
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Why You Should Write Your Special Needs Child a Letter of Intent
After you pass away, a letter of intent (LOI) for your special needs child can provide comfort and continuity for them. As a parent, the...
Mar 7, 20236 min read
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Medical Advance Directives: Understanding the Different Types
Incapacity due to trauma or disease is something nobody wants to think about. People are unfortunately affected by this every day. With...
Feb 21, 20233 min read
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Do It Yourself Wills Can Have Major Issues
A valid will, when properly filled out, addresses who inherits your assets after your death. Your will names a personal representative...
Feb 14, 20233 min read
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A Guide to Understanding Pet Trusts
A pet trust is an effective means of providing for your pets after you are no longer able to care for them, whether they are horses,...
Jan 10, 20233 min read
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