Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Testators, the people writing the will, are routinely counseled to securely store their will, whether that entails a secure vault or a filing cabinet. And while individuals usually adhere to this advice, the complementary component of this task is the ability to relocate the exact
Life can be full of twists and turns that lead to unexpected events. This is why it’s important to have your affairs in order and written in a will. However, a common mistake made is many of us draft a will and then store it
What is a Trust? A trust is a separate legal entity that a person sets up during their lifetime to manage their assets. Its purpose is to ensure that a person’s assets will be used and distributed in a way they deem appropriate. Once a
Covid 19 pandemic prompted Americans to finalize their Estate planning and create Trusts instead of Wills to avoid probate overflown with enormous amounts of cases. The Covid-19 pandemic has established a common sense of uncertainty and fear amongst all members of society. During such times,
Why a Family Trust is so Important During the Covid-19 Pandemic For over six months, the COVID-19 pandemic has greatly impacted New York City. Although there have been far less deaths more recently than before, there are still a great amount of people that are
International pandemics are serious business. Seeing in the news that so many people here and abroad are passing away from severe cases of the Coronavirus, it’s no wonder why people are springing to estate attorneys to either update their wills or even do their estate
Having a legal document that details exactly what you want to happen with your assets after death is a crucial part of any estate plan. One way to make these wishes clear is through a living trust. Not only does a living trust bypass the
Whether you’re straight out of college or a seasoned employee with years in the workforce, if you own any assets, you’ll want to make sure they’re protected before protection becomes a necessity. Below are five asset protection steps that you’ll only hear from an estate
While the process of getting the right documents together can seem intimidating to some, the premise of estate planning is actually rather simple: one individual passes their wealth and all assets that they’ve accumulated down to the next of kin. After the grantor (creator of
Putting your assets into a trust is a fundamental part of estate planning for people looking to protect their assets for emergencies or to pass on to the next generation. However, a drawback of certain types of trusts is that while your assets will be
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