Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Estate planning is the process of designating, during your life, the disposition of your assets upon your death in a manner that attempts to eliminate administrative uncertainties, reduce taxes, and maximize asset protection. The process of estate planning typically includes preparation of legal documents such
You thought your estate plans were finally set? Not so fast. It turns out the “permanent” $5 million estate-tax exemption enacted earlier this year could change after all, sending families back to the drawing board to sort out their strategy. A provision in President Barack
The Five Components of a Good Estate Plan Many people believe that if they have a will, their estate planning is complete, but there is much more to a solid estate plan. A good plan should be designed to avoid probate, save on estate taxes,
After a Medicaid recipient dies, the state must attempt to recoup from his or her estate whatever benefits it paid for the recipient’s care. This is called “estate recovery.” For most Medicaid recipients, their house is the only asset available. Life estates For many people,
In the midst of a medical crisis, the last thing you want to worry about is healthcare coverage. There are many myths surrounding Medicaid planning. Despite the recent changes in Medicaid laws, there are still many opportunities to do Medicaid planning and protect your assets.
A trust is a legal agreement that allows one party (the grantor) to give another party (the trustee) the right to hold assets for the benefit of a third party (the beneficiary). Trusts can take various forms and help achieve many goals, depending on the
CNBC recently released a list ranking the top sixteen highest paying college majors. They based this list on a New York Federal Reserve study, which ranked college majors according to the median salaries of full-time workers within five years of graduation. The top-ten majors were
Over a lifetime, unmarried women can pay as much as a million dollars more than their married counterparts for healthcare, taxes, and more. In October 2009, New York Times reporters Tara Siegel Bernard and Ron Lieber compared a hypothetical married couple with an equivalent-earning unmarried
Billing Fraud Case Worth $19 Million In 2013, a New York City cardiologist with offices on Fifth Avenue and in New Jersey admitted he intentionally misdiagnosed up to 80 percent of his patients with heart problems so he could collect millions in extra Medicare money.
The Brooklyn district attorney’s office announced on Monday the creation of a Healthcare Fraud Division to crack down on doctors and pharmacists who commit Medicaid and Medicare fraud. The new division will handle cases stemming from a new collaboration between the district attorney’s office, the