Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Digital Assets and Estate Planning: 4 Things You Need to Know Today’s world is rapidly becoming more and more digitized. In less than twenty years estates have briskly shifted from simply encompassing physical property such as homes and vehicles, to suddenly including assets that are
How Will Gifting Affect My Eligibility For Medicaid? We’ve all heard the phrase, “It’s better to give than receive.” But did you know that gifting could actually hurt your chances of qualifying for Medicaid? To determine Medicaid eligibility, an applicant must disclose all financial transactions
Family Information Estate plans are often drafted to leave your wealth and assets to your family. You’ll need the full names, nicknames, ages, and contact information for your current and former spouse(s), children (even if they’re not in your plan), stepchildren, and grandchildren. If you
As terrible as it may be, there are cases in which a legally appointed guardian may predecease his or her adult ward, or become physically incapable of carrying out the proper duties of a guardian. This is often the case, for example, when the role
Myth: Estate Planning is Only for the Rich Truth 1: Small Assets Matter Homes, small businesses, and stock market investments are among the many assets that family members may be due to inherit after you pass. Even if you feel that these assets are not
Law Office of Inna FershteynWhy Start Estate Planning if I Have No Heirs? An existing misconception in the field of estate planning is that it is only valuable for those with a spouse, children, or other types of typical heirs. However, this could not be
Under New York state statute § 5-1513, an adult in Nassau County can give durable power of attorney to another adult authorizing them to make financial (not medical) decisions on their behalf. The adult who gives durable power of attorney is known as the principal,
You have been probably warned before that you should plan your estate in such a way that it will allow your family to avoid probate proceedings. In fact, planning your estate early on offers benefits other than avoiding probate. However, in the attempt to follow
As our parents and elders continue to age, the topic of retirement arises more frequently. They spent most of their adult lives working with the intention of eventually retiring securely. Unfortunately, many Americans face challenges when reaching that old age of retirement. Factors such as
It may have never occurred to you before, but yes, your reproductive cells need a will. You never know what could happen within the next second of your life. One minute you could be talking to your partner about getting married and having children, and