Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
A Russian-speaking estate planning attorney in Brooklyn helps families prepare wills, trusts, powers of attorney, healthcare proxies, and Medicaid plans in their native language, so that nothing important is lost in translation. When choosing one, look for an attorney who focuses on estate planning law,
Both LLCs and S corporations are effective methods of asset protection, but they differ in four key ways: an LLC may have an unlimited number of members, including foreign owners, and its entire net income is typically subject to self-employment taxes, while an S corporation
In both New York and New Jersey, there is no state gift tax. However, both states adhere to the federal gift tax rules and exemptions. In 2026, the federal annual gift tax exclusion is $19,000 per recipient, meaning that if a gift stays within that
Last updated: June 12, 2026 | By Inna Fershteyn, Esq. | Reading time: ~8 minutes When a person dies without a will in the state of New York, the person is said to have died “intestate.” In that case, how the property is inherited and
Last updated: May 29, 2026 | By Inna Fershteyn, Esq. | Reading time: ~9 minutes The New York estate tax exemption for 2026 is $7,350,000 per individual — the amount a person can pass to his beneficiaries before any New York State estate tax is
Last updated: May 22, 2026 | By Inna Fershteyn, Esq. | Reading time: ~9 minutes Several federal and New York changes are reshaping Medicaid and Essential Plan eligibility through 2026 and into 2027, following the passage of the One Big Beautiful Bill Act (H.R.1). The
Last updated: May 22, 2026 | By Inna Fershteyn, Esq. | Reading time: ~10 minutes A revocable trust can be changed or undone by the grantor at any time during his lifetime; an irrevocable trust generally cannot. That single distinction drives every other difference: a
Last updated: May 20, 2026 | By Inna Fershteyn, Esq. | Reading time: ~9 minutes The Medicaid 5-year lookback in New York reviews every asset transfer you made in the 60 months before applying for nursing home Medicaid. The state calculates a penalty period by
Can you use ChatGPT to write a legally valid will in New York or New Jersey? It’s a question more people are asking every day, as AI tools like ChatGPT become increasingly accessible and estate planning costs remain a concern. While AI can generate text
Even with the most thought-out, thorough, detailed estate plan, failure to anticipate surprise heirs and challenges can completely throw your plans into disarray. Not considering the possibility of having a distant relative or an estranged child who can make a claim that challenges your decisions