Using a LLC for Asset Protection

A Limited Liability Corporation, or LLC, can be utilized for any size firm, from sole proprietorships to multi-ownerships. In addition, LLCs are the most popular legal entity utilized for ownership of rental and commercial property. It can assist as a safeguard for your personal assets, Read More …

Estate Planning Guidance for Small Business Owners

Did you know that the majority of small companies fail within the first generation? It’s not because these firms aren’t sustainable; rather, many times it’s due to errors in estate planning and communication. Let’s say you have a plan when you leave your pet for Read More …

Can You Inherit Season Tickets?

The executor’s role can be complicated by distribution of unique assets that the deceased individual’s last will does not account for. One example includes seasonal sports tickets. In such instances, family members often inquire about the status of a seasonal pass after a loved one Read More …

Has COVID-19 Caused an Increase in Electronic Wills?

After seeing a dip in the number of U.S. COVID-19 cases, cases are rising again and at an alarming rate. The devastation from the initial wave of COVID-19 is far from over, and now the country is reeling again as the disease’s deadlier cousin, the Read More …

What You Can Learn About Estate Planning from Celebrities

What links Pablo Picasso, Jimi Hendrix, Abraham Lincoln, and Aretha Franklin? Not much, you’re probably thinking. They do, however, share one significant feature. They all died intestate, which implies they didn’t leave a will behind. Pablo Picasso died in 1973 at the age of 91, Read More …

3 Different Types of Asset Protection Trusts

Awareness surrounding the importance of asset protection soared during the COVID–19 pandemic. In particular, the Law Office of Inna Fershteyn saw a significant increase in clients who requested legal assistance with the intention of creating an asset protection plan. An Asset Protection Trust will ensure Read More …

Three Essential Legal Documents You Need When Your Child Turns 18

As parents and guardians, seeing your children grow up so quickly can leave you forgetting about the importance of planning for their future health and well being. They’re young and have a great amount of time ahead of them, but what legal documents are needed Read More …

Can a Non – U.S Citizen Create an Estate Plan in the USA?

Are you trying to create an estate plan but have concerns regarding your citizenship status? You may not be the only one considering there are more than 45 million foreign-born individuals residing in the United States. While some have already acquired citizenship, millions of others Read More …