Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Pat Summitt’s last will and testament didn’t spread the property of the Tennessee women’s basketball coaching legend.Summitt gave all of her “tangible personal property” to her only son, Tyler. A copy of the will was obtained by the Knoxville News Sentinel of the USA TODAY
Leaving money to a loved one with special needs can be a tricky process; you want to make sure that they are well taken care of but you also do not want to interfere with them receiving necessary government benefits. Preserving Medicaid & SSI Eligibility
When a widow with incapacity issues and squabbling adult children died, the executor she named in her will rushed to her home and changed the locks just as one son showed up to take things left in her will to his siblings. “Over and over,
As a business owner, you probably realize that operating and owning a business can be fraught with pitfalls and risks. Turning a profit isn’t enough; you must also protect your business from claims and lawsuits. Debts and mortgage obligations to third parties and vendors, claims
As the adage goes, you can’t take it with you. Whether you want to spend your last dime or leave it all behind when you go, creating a comprehensive plan for your estate begins earlier than you might think. If you don’t have children or
Millions mourned the loss of Prince, but those of us in the financial field were astounded when Prince’s sister filed documents indicating that he never executed a will. Prince had a reputation in the legal world of being very hands on in his legal affairs.
Who will be the trustee? Because the rules of managing a trust are so complex, most lawyers advise contracting with an expert. Fees average 1 to 1.5 percent, Williams says. Will a family member act as co-trustee or guardian? This option lets a family
Over the past 20 years, the number of students with disabilities has increased at a faster rate than both the general population and school enrollment. In 2010, approximately 2.8 million school-age children were reported to have a disability. (The Individuals with Disabilities Education Act (IDEA)
Maritime tradition holds that captains go down with their sinking ships, but ships need not go down when their captains expire . . . unless the “ships” are businesses whose captains/owners have not prepared their businesses to sail without them. Read more @ Forbes.com
There are several methods of transferring property at death. A transfer of probate property by a valid will or a deed of transfer will generally involve the assistance and advice of an attorney. While transferring property through probate is unavoidable in certain cases, this does