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....
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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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Sep 5, 20234 min read
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...
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Aug 22, 20232 min read
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...
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Jul 25, 20234 min read
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...
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Jun 20, 20234 min read
Make Sure You Use a Combination of Professionals When Planning Your Estate
When you assemble an estate planning team with the right expertise, you can guarantee your family's legacy is protected for generations...
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Jun 13, 20234 min read
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...
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Jun 6, 20233 min read
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...
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May 16, 20233 min read
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...
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Apr 18, 20235 min read
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...
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Apr 4, 20234 min read
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...
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Feb 21, 20233 min read
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...
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Feb 14, 20233 min read
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...
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Jun 28, 20223 min read
The Medicaid Program: Looking Back Without Penalties
Planning for long-term care is crucial since almost everyone will need it at some point in their lives. While we cannot predict the...
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Jun 14, 20223 min read
Developing an Estate Plan For Nontraditional Families
Changes in family structures are affecting the practice of estate planning. As recently as thirty years ago, a traditional family...
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May 31, 20223 min read
The Probate Process With or Without a Will
It is widely known that in the state of Virginia, the probate process begins after someone dies and is conducted in the local Circuit...
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