Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
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
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,
The Importance of Estate Planning: Myths Debunked 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
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
As our parents and elders continue to age, the topic of retirement arises more frequently. They spent most of their adult lives working with the intention of eventually retiring securely. Unfortunately, many Americans face challenges when reaching that old age of retirement. Factors such as