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...
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Estate Planning Blog
Bedi Legal, P.C. has built a hard-earned, solid reputation for its professionalism and excellence in legal services. Our team also regularly publishes blog posts to help you stay up-to-date in estate planning practices.
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- Sep 19
- 3 min
You Are More Likely to Develop Dementia When You’re in Your 50s and 60s if You Live Alone
There is a growing trend toward Americans aging in place when it comes to housing arrangements for the elderly. Nearly all older adults...
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- Sep 19
- 3 min
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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- Sep 5
- 4 min
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 29
- 3 min
The Baby Boomer Generation Prefers to Live Independently and Share a Home
As the number of baby boomers living alone increases, the number of family caregivers who can assist them is insufficient. The ratio of...
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- Aug 22
- 2 min
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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- Aug 15
- 3 min
Financial Fraud Prevention for Our Elders
A number of scams bypass existing laws, and there is a need for more tools to help protect older adults from losing their financial...
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- Aug 8
- 3 min
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...
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- Aug 1
- 3 min
It Is Important to Take Care of Caregivers as Well
During Jeanette's mother's hospitalization, her father begged her, with tears in his eyes, to take care of her mother if he ever...
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- Jul 25
- 4 min
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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- Jul 18
- 2 min
ABLE Accounts: A Guide for People with Disabilities
Congressional approval of the Achieving a Better Life Experience (ABLE) Act took place in 2014. This created tax-advantaged accounts for...
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- Jul 11
- 2 min
Nursing Homes Ranked by Veterans Affairs Nationwide
Toward greater transparency within Veterans Affairs (VA), the agency released the internal rankings of VA nursing homes in 2018. The...
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- Jul 4
- 3 min
A Family Caregiver's Job Is Not Like Any Other
Rather than paying someone else to care for a senior loved one or moving them to a medical facility, shouldn't a family member do it...
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- Jun 27
- 2 min
Putting Your Wishes Into Writing: Dementia Directives for Hand-Feeding and Hydration
Sadly, many of us have witnessed the slow and dehumanizing death of loved ones and friends suffering from Alzheimer's. In the final...
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- Jun 20
- 4 min
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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