Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Despite the COVID-19 pandemic causing an uprising of interest in estate plans, there was a survey in 2022 that found that only about 33% of Americans have an established will. An established estate plan does not only save time and money for your loved ones
What is Probate? Probate is a court-supervised legal process that follows an individual’s death, whereby a probate court will establish the validity of one’s will. During this process, the court essentially oversees the distribution of a person’s asset after their death. How does the Probate
All families experience conflicts, but if it is to a particularly severe extent, you may not want one of your children to reap the benefits of your estate. There are different strategies for handling an estranged child in your estate plan. Based on the level
Being an executor of an estate can prove to be a particularly time-consuming responsibility. While a standard simple estate may only take a few months to probate, larger complicated ones with problems can last for years. If you are agreeing to the role of executor,
An inheritance is money you leave behind for specific individuals in your will. If you have children, it is likely a significant portion of your will is going to be devoted to leaving them your assets. While it is common to leave an equal share,
If you are an entrepreneur, adopting asset protection strategies is essential to protecting your profits. Asset protection is a form of planning with the objective of protecting assets from creditors’ claims and litigation. There are high risks in establishing your own business, but they come
Probate is a complicated process that requires executors to uphold immense responsibilities in distributing the estate of a deceased individual. When filing a probate proceeding, the will is reviewed and is determined if it is legal and authentic. While probate may seem like a hassle,
May is the celebration month of National Elder Law Month! Originating in 1963, National Elder Law Month stemmed from President John F. Kennedy issuing Proclamation 3527. He declared the month of May “Senior Citizens Month,” proclaiming that all “informal and educational means should be used”
Estate planning is the process of legally deciding how your assets will be distributed in the event of your death. This is important to set up well in advance because you want as much say as possible. The sooner you start estate planning, the more
After receiving a devastating diagnosis of dementia, you may be overwhelmed with confusion on what next steps to take. Many are quick to evaluate their medical options, but oftentimes the legal considerations are overlooked. Nevertheless, legal planning allows for stability in a time of uncertainty.