Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
If you were appointed as Trustee of the Trust, your duties will basically be the same as an executor named in a Will would have. The major difference there is that the probate court will not be involved. This means you can act on your
With all of the worries most adults have on their plate, from their job to their family obligations, let’s ensure financial security and inheritance decisions are not part of the mix. Using these 8 estate planning steps, we can help you feel a sense of
Your life is always changing left and right, so it’s important that you keep up with these everyday changes. This includes updating your estate plan and making sure that it addresses all your specific needs and wants. 1. There’s an Addition to the Family Whether
Before we could answer the question, “Should I Avoid Probate?,” we need to understand what exactly the probate process is. Probate is the process of providing a Surrogates court with evidence to uphold the validity of the deceased person’s Will. In essence, the court oversees
We all have our own bucket list of things to do during our lifetime from traveling the world to conquering a small fear. We asked people to tell us what they think someone should do before they die. 1. Learn a Foreign Language A foreign
Who will be the trustee? Because the rules of managing a trust are so complex, most lawyers advise contracting with an expert. Fees average 1 to 1.5 percent, Williams says. Will a family member act as co-trustee or guardian? This option lets a family member
While there is no doubt that few people enjoy thinking about tragic life events such as death or incapacity, there comes a point in time when it is essential to discuss adult guardianship with your parents or loved ones. Legally speaking, every adult is capable
Divorce is never easy, but the divorce of a long-married couple can be especially hard, particularly when it comes to retirement and estate plans. Assets, including retirement accounts, can be hard to divide, and the presence of children—and possibly grandchildren—can require the wholesale revision of
If you have an estate plan in place, you’re in the minority: 51% of Americans age 55 to 64 don’t even have a Will, according to this survey. But having an estate plan doesn’t mean that the job of protecting your family’s future (and present) ends. Chances are your
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