Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
When deciding on where you want your assets to go after death, it is common for people to think of their loved ones first. The process of transferring your assets to your family usually happens smoothly and runs into no problems. However, for loved ones
What is a Trust? A trust is a separate legal entity that a person sets up during their lifetime to manage their assets. Its purpose is to ensure that a person’s assets will be used and distributed in a way they deem appropriate. Once a
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
May is the celebration month of National Elder Law Month! Originating in 1963, National Elder Law Month stemmed from President John F. Kennedy issuing Proclamation 3527. He declared the month of May “Senior Citizens Month,” proclaiming that all “informal and educational means should be used”
After receiving a devastating diagnosis of dementia, you may be overwhelmed with confusion on what next steps to take. Many are quick to evaluate their medical options, but oftentimes the legal considerations are overlooked. Nevertheless, legal planning allows for stability in a time of uncertainty.
We recently had a client come in to change his last will. Although he had not originally intended to make any modifications to his will, some major life changes had recently occurred in his life that made it necessary to change the will. Updating a
The holidays are a few times of the year when the entire family gets together. Your family members are gathered to celebrate so they are more relaxed and not as distracted by everyday obligations. It’s a great time to catch up, make new memories, and
2021 began with President Biden assuming his role in the White House office. Now Democrats control the House of Representatives as well as the Senate. Therefore, many people are anticipating changes to policies. Biden has started discussing tax changes, however, it’s still too early to
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