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...
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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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- Mar 21
- 4 min
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...
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- Mar 14
- 2 min
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...
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- Mar 7
- 6 min
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...
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- Dec 27, 2022
- 2 min
When a Beneficiary Dies, Who Receives the Inheritance?
Upon a beneficiary's death, who receives his or her estate? You may be wondering whether if you leave property to your brother Jim, but...
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- Dec 13, 2022
- 3 min
What You Need to Know About Estate Planning
The law regards estate planning as simply the aggregate of property owned by an individual, and most everyone owns at least some...
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- Nov 8, 2022
- 3 min
Helping a Loved One Who Is Aging
In a family system, caring for elderly relatives comes naturally. The love and care many adult children receive growing up become...
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- Sep 6, 2022
- 2 min
In Most Cases, Equality Is Equitable
If you are considering how to leave property to your children, it is advisable to divide everything equally. That is usually the...
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- Aug 16, 2022
- 3 min
Seniors Can Benefit From Living Trusts
It's unfortunate that seniors are often prime targets for financial abuse and scams. Sadly, the elderly are often taken advantage of by...
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- Jul 12, 2022
- 3 min
Getting Your Financial Information Ready for Incapacity
When you are no longer able to manage your finances, preparing and organizing financial information now will bring you peace of mind and...
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- Jul 5, 2022
- 3 min
An Overview of the Importance of a Will
According to Caring.com’s wills survey, the overall percentage of those with a will continues to decline, 33 percent in 2021 versus 42...
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- May 17, 2022
- 3 min
Do You Have a Plan for a Pandemic?
The outbreak caused by the 2019 novel coronavirus was named by the World Health Organization (WHO) on February 11, 2020. The coronavirus...
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- Apr 26, 2022
- 2 min
You Inherited a Timeshare and Here’s What You Need to Do
The resort agent suggested Mom and Dad should leave the timeshare to their children in a deed so, when the parents passed, their children...
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- Apr 5, 2022
- 4 min
How Life Insurance Is Involved With Estate Planning
Initially, life insurance may seem to have no bearing on how your assets should be handled in an estate plan. However, life insurance can...
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- Mar 29, 2022
- 4 min
How to Plan For Generational Wealth Transfer
It is crucial to plan how to preserve your inheritable legacy so that its aggregate will remain for future generations. There are always...
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- Mar 22, 2022
- 4 min
Prepare for a Medical Crisis by Learning Your Parents’ Aging Strategies
Adult children in the United States often live a long distance away from their parents. Managing aging parents or in-law medical events...
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- Mar 8, 2022
- 4 min
The Importance of Estate Planning for Young Adults
In general, young adults, even those with professional careers older than thirty, think they are too young to consider estate planning....
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