Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Estate planning is a multi-faceted and intricate process, and each family will have different needs and considerations when formulating the most prudent estate plan. For the purposes of this article, we will be examining the charitable remainder trust, one of the estate planning tools available
Planning for college can simultaneously be an extremely exciting and daunting prospect. Between looking for dorms, choosing classes, and buying necessary items, the transition period between high school graduation and the first day of college is hectic. An overlooked part of this process, however, are
When creating an estate plan, choosing the right executor is the most important decision you can make. Take the case of Rose Montague, who decided to sign away control of her cousin’s estate administration to the Public Administrator of Bronx County. This resulted in a
On June 30, 2023, the United States Supreme Court struck down the Biden administration’s plan to cancel up to $400 billion in student loans. By a vote of 6-3, it was decided that the Biden administration had acted unconstitutionally and overstepped its authority by proposing
Imagine your teenager throws a party while you are out of town. Word spreads like wildfire, and soon your house is packed with more partygoers than your child had possibly imagined. Alcohol finds its way into the hands of those who should not have it,
After a loved one passes, the last thing you want to be worried about is handling their estate. An unresponsive, unhelpful, and irresponsible surrogate court can make the process of settling a loved one’s estate exceedingly more difficult. In this article, we will focus on
When planning an estate, all individuals are subject to a federal tax. However, it is important to consider the state tax laws that affect individuals in different ways depending on where they live. For example, citizens in Florida will be subject to different regulations from
While an engagement is filled with the joy of new beginnings, the excitement of wedding plans and dreams of exotic honeymoons, it’s crucial to consider the importance of protecting your assets. While it may not seem like the most opportune time to discuss the topic,
Medicaid planning is an intricate method of estate planning that allows individuals who may not be eligible for Medicaid benefits to become eligible. Medicaid benefits have many advantages that assist recipients in saving money even if their income and assets may be too high to
At one point in everyone’s life, they will procure some type of debt. Debt is a deferred payment – sometimes in a series of installments – from one party to another. Your debt may be a small amount from your credit card purchases or a