Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
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
Dementia and Legal Planning Have you or someone you love been diagnosed with Alzheimer’s dementia? Every 66 seconds someone in America develops Alzheimer’s, and today, there are 5.5 million Americans living with the disease. Such a diagnosis can take an emotional toll on any family,
Amending Wills and Trusts Though amending your will or trust might sound like a confusing, daunting task, it is a rather straightforward process. While it’s not as simple as just taking a red pen to your will and scribbling out the parts you don’t like,
Digital Assets and Estate Planning: 4 Things You Need to Know Today’s world is rapidly becoming more and more digitized. In less than twenty years estates have briskly shifted from simply encompassing physical property such as homes and vehicles, to suddenly including assets that are
Myth: Estate Planning is Only for the Rich Truth 1: Small Assets Matter Homes, small businesses, and stock market investments are among the many assets that family members may be due to inherit after you pass. Even if you feel that these assets are not
Law Office of Inna FershteynWhy Start Estate Planning if I Have No Heirs? An existing misconception in the field of estate planning is that it is only valuable for those with a spouse, children, or other types of typical heirs. However, this could not be
Under New York state statute § 5-1513, an adult in Nassau County can give durable power of attorney to another adult authorizing them to make financial (not medical) decisions on their behalf. The adult who gives durable power of attorney is known as the principal,