Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Picture this scenario: You are approaching the end of your life, yet your balance sheet is in the red. You still have a significant sum you owe to an assortment of creditors. “Ah-ha!” you triumphantly think. “They can only take it while I’m alive. I
Going Out on Your Own Terms: Specifying a Method of Death in Estate Planning Documents Traditionally, the goal of estate planning has been seen as facilitating the transfer of assets from a deceased person to intended heirs upon death. While a written will focuses on
Defining a Deed – What is it? A property deed is a legal document that can be used to transfer the ownership of property. For the deed to be valid, it must be signed by the person interested in transferring the real estate and include
New GOP Tax Plan May Actually Be To Die For The new House GOP tax plan has caused a stir of controversy in the past few weeks. On November 2, 2017, the House Ways and Means Committee issued H.R. 1 called “Tax Cuts and Jobs
Generally speaking, people tend not to spend too much time focusing on events they do not consider imminent, such as death. Nobody expects tomorrow to be their last day, and thus, estate planning, the process of preparing the transfer of wealth to loved ones after
Out of Wedlock and Out of Luck: What Happens When Common-Law Couples Lack an Estate Plan? Although registering a marriage is still a common practice, the level of common law marriages, where there is no such recording with a state or religious registry, has increased
Wading Through the World of Trusts – How do Various Trusts Differ? What are Trusts? Creating a trust with the help of an estate planning lawyer is a perfect way to kick off your estate plan, especially if you’re looking for a relatively easy, nearly
Think of the Children – What Happens to Them if You Die It’s something we all know – that our children are the most important things in our lives. And, while we’ll certainly do our best to take care of them for as long as
Choosing Between a Revocable Trust and an Irrevocable Trust What is a Trust? Trusts are employed by individuals and families to distribute their assets in a fast and cost-efficient way. Shared benefits of all trusts include the conservation of the time and costs associated with probate. In addition, the
Does A Trust Have to Be Registered With The State? If you’re a person who is familiar with the dealings of corporations, LLCs, or limited artnerships, then you might be inclined to think that trusts, a similar agglomeration of wealth, would be held to the