Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
To ensure the safety and discrete storage of private objects, some people employ the use of safe deposit boxes. While this can be a prudent storage method, as banks and financial institutions that provide safe deposit boxes have tight security measures, the estate planning implications
Estate planning is a multi-faceted and intricate process, and each family will have different needs and considerations when formulating the most prudent estate plan. For the purposes of this article, we will be examining the charitable remainder trust, one of the estate planning tools available
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
When you start estate planning, you decide who you want to inherit your assets and who can make medical and financial decisions on your behalf. People without children or heirs tend to leave their assets to their favorite charities. However, anyone can leave any portion
Despite the COVID-19 pandemic causing an uprising of interest in estate plans, there was a survey in 2022 that found that only about 33% of Americans have an established will. An established estate plan does not only save time and money for your loved ones
What is Probate? Probate is a court-supervised legal process that follows an individual’s death, whereby a probate court will establish the validity of one’s will. During this process, the court essentially oversees the distribution of a person’s asset after their death. How does the Probate
Estate planning is an important and necessary step in ensuring you and your loved ones are taken care of in the future. A Last Will and Testament is one of the documents that many individuals choose to draft as part of their estate plan. In
Understanding Estate Administration and Probate Probate is a legal process in which all estates must go through, as long as the estates are contained in a will. The primary goal of probate is to transfer assets out of the deceased person’s name into the name
A common misconception is that having an estate plan simply means drafting a will or a trust. However, there is more to include in your estate planning to ensure that all your assets are seamlessly transferred to your heirs. A successful estate plan should also
The executor’s role can be complicated by distribution of unique assets that the deceased individual’s last will does not account for. One example includes seasonal sports tickets. In such instances, family members often inquire about the status of a seasonal pass after a loved one