Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
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
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
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,
An inheritance is money you leave behind for specific individuals in your will. If you have children, it is likely a significant portion of your will is going to be devoted to leaving them your assets. While it is common to leave an equal share,
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
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
What is Probate? Probate is the process of proving the validity of a decedent’s Last Will and Testament in the Surrogate Court. The probate process only takes place after the decedent passes away, and can be a very complex legal proceeding that may take up
As individuals continue to age they are encouraged to consider creating a plan for their future that entails exactly how they would prefer their assets and loved ones cared for in the case of their passing. A will is a legal document that serves to