Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
Though we often associate estate planning, the process of preparing for the transfer of wealth, with tangible assets like real estate or cold, hard cash, or even intangible assets like banking or investment accounts, the fact of the matter is that for those of us
The sad truth that many of us have to accept is that our children are growing up not only in front of our eyes, but in the eyes of the state as well. Once eighteen, a child is considered a legal adult and is seen
Tax Cuts Don’t Cut the Need for Proper Estate Planning It is no secret that times are due to change. Just short of six months ago, President Donald Trump was vehemently calling for the elimination of the Deferred Action for Childhood Arrivals (DACA) executive order,
Until Death Do Us Part: Exploring the Spousal Lifetime Access Trust (SLAT) What is a Spousal Lifetime Access Trust (SLAT)? The Spousal Lifetime Access Trust (SLAT) is an irrevocable trust that benefits the donor’s spouse and children. Through a SLAT, a donor may reduce a
With regard to estate planning, the process of preparing for the transfer of your assets upon your passing, the legal reality is that most of your digital assets may not be transferable through a written will. Since estate plans typically deal with assets that hold
Noah Didn’t Wait Until the Flood – Protect Your Assets Before It’s Too Late One of the earliest examples of asset protection, or the assurance that one’s assets are protected from creditor claims in the event that they are sued, is found in one of
As we age, we never know what might happen. The future is unknown, and we might be gone tomorrow, or we might be here a long time. It’s good to plan for any possibility. For many of us, the best possibility is that we enjoy
A will is a legal document that one has drawn up prior to death that states how their assets will be allocated once they pass. This is an important step in one’s estate planning process because it can help ensure that their final wishes are
Like wine decanting, where the contents of a bottle are poured from one container to another, decanting a trust means that the contents of a trust are being transferred to a new trust, likely because the second one brings more advantages. Since by definition, an
Missing is not as Good as Dead According to Probate Court, when dealing with one’s inheritance, missing does not mean dead. Handling the estate of someone who is missing or who is presumed dead can be a lengthy process. What to Expect When Handling the
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