Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
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
In general, estate planning is a process of managing your assets. It is created during your lifetime and can serve to minimize taxes, avoid lawsuits, and properly distribute your assets. Many people wonder if they should plan their estate. Having an estate plan is always
Probate is the process of providing a Surrogate’s court with evidence to uphold the validity of the deceased person’s Last Will. Once the Will is validated, and probate is completed, the court will oversee the process of the estate distribution. Additionally, the probate process is
With time, comes an inevitable change. In the coming years, the long-term health care insurance industry has a few new features that are to be anticipated. Insurance company executives, brokers, and actuaries predict new options for elders with long-term insurance. There is surely going to
As a New York Estate Planning attorney practicing in Trust and Estate field for 19 years, I see the following common estate planning mistakes. Many people draft a will with the best intentions in mind, but they often let their emotions overtake their rationality. Emotions
There could be many reasons as to why you would want to change attorneys. Problems may arise and you may not want their representation any further. This can include trust issues or you may just feel that your lawyer’s representation is no longer effective. Switching