Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
While it likely isn’t the first thing to come to mind when we think about estate planning, assigning a proper name for any trusts you create is just as important as any other part of the process, including drafting the documents themselves. Why Does A
When most people think of a will, likely the first thing that comes to mind is a set of instructions or wishes about how one’s assets should be distributed after their death. While this is certainly an integral part of any will and therefore, estate
Where Will Jeffery Epstein’s Million Dollar Estate Go? On August 8th, Jeffery Epstein signed his will– and then committed suicide two days later. Epstein, a financer and registered sex offender, was being held in a Manhattan jail cell based on sex-trafficking and conspiracy charges that
Although a reality in the popular Disney film the Aristocrats, where a wealthy woman leaves her entire estate to her cats, by law, pets can neither inherit nor own property. Legally speaking, pets in fact themselves are considered property, and just as you draft an
Without a doubt, a will is an important component of any estate plan. It’s primary use is for the testator to express their wishes as to how their assets will be distributed to their loved ones after death as well as name an executor to
It’s fairly unanimous that receiving a gift, especially in the form of cash, is a great feeling. You don’t have to pay anybody back, and you can do whatever your heart desires with the funds. Unfortunately, while most people agree on the joy of receiving
Most people know that estate planning is the most effective way to transfer you assets to loved ones after you pass. There are many things at stake, including your loved ones financial security or even familial peace regarding the distribution of your assets, which makes
One of the benefits of hiring an elder law attorney to draft your estate plan is that the law is highly nuanced, and only a licensed professional will be able to ensure that you have the most comprehensive plan possible. Oftentimes, however, people opt to
Just as they do during life, taxes affect you even after death. When drafting your estate plan, you should know how taxes will affect your assets once they are passed down. Having a properly structured estate plan will ensure a peaceful transfer of assets and
Probate, a dirty word in estate planning, is the process where a court determines the legitimacy of your will and then decides how to properly distribute your assets based on that determination. This process can last from six months up to a year or even