Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
It is the unfortunate reality that marriages can end in separation or divorce. Although separation and divorce are a natural part of current relationship trends in the United States and across the world, it is important to understand their estate planning implications. Particularly, it is
When creating an estate plan, choosing the right executor is the most important decision you can make. Take the case of Rose Montague, who decided to sign away control of her cousin’s estate administration to the Public Administrator of Bronx County. This resulted in a
Throughout the years, we have seen new waves of technological advancements in investing on the internet. In the past few years, a vast amount of people have invested in digital assets. Digital assets are anything that is digital, has value, and can be identifiable. This
When a loved one passes away, the last thing anyone wants to think about is money. Unfortunately, just because someone passes away, it does not necessarily mean that their debt also goes away. But where does this debt go? Technically, debts cannot be inherited-but some
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
In many households, parents care for and form unique bonds with children that are not theirs biologically, such as adopted children and stepchildren. Families may have a blend of biological children, adopted children, and stepchildren in one household. Therefore, it is essential to understand the
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
All families experience conflicts, but if it is to a particularly severe extent, you may not want one of your children to reap the benefits of your estate. There are different strategies for handling an estranged child in your estate plan. Based on the level
Being an executor of an estate can prove to be a particularly time-consuming responsibility. While a standard simple estate may only take a few months to probate, larger complicated ones with problems can last for years. If you are agreeing to the role of executor,
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