Law Office of Inna Fershteyn and Associates, P.C.
Estate Planning & Elder Law Attorney
In the world of estate planning and asset management, there are three important roles to make note of; trustee, guardian, and a power of attorney. The responsibilities that come with these roles include managing Medicaid eligibility, guardianships, trusts, and ensuring the financial stability of those
Estate planning is a multi-faceted and intricate process, and each family will have different needs and considerations when formulating the most prudent estate plan. For the purposes of this article, we will be examining the charitable remainder trust, one of the estate planning tools available
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
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
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
Living trusts, or revocable trusts, are often established to prevent the probate process over a loved one’s assets after they die. Colloquially, it is known as a “will substitute.” A will dictates the terms that go into effect right after you die. While a trust
An estate plan is key to guaranteeing that all of your best interests are met when the time comes. The very first step to planning for your future pertains to making the decision to create an estate plan. This plan typically includes drafting a will,
The concept behind the irrevocable trust, a popular estate planning tool, is relatively simple; irrevocable trusts cannot be revoked and the assets cannot be returned to the trust’s original creator. Furthermore, most irrevocable trusts do not allow for the amendment of the trust, unless changes
Caring for a child with Special Needs can be a challenging responsibility. There are many steps that you must take in order to guarantee the well being of your child in the long run. By planning a long-term financial strategy, you can provide for your