Yana Feldman & Associates, PLLC

Yana Feldman & Associates, PLLC Estate Planning, Administration, Elder Law

In the basic sense of the term, a will is a document that is made up by a person, or several people, to spell out how fi...
01/15/2025

In the basic sense of the term, a will is a document that is made up by a person, or several people, to spell out how final affairs should be taken care of once the person has passed away. Each will must meet a set standard that is determined by the state in which a person lives. If poorly crafted, the will may not be useful in a court of law, especially if it is contested.

https://yanafeldmanlaw.com/understanding-the-different-types-of-wills/

A company is not able to survive without an owner or manager. Companies often have to scramble for the right person to r...
12/19/2024

A company is not able to survive without an owner or manager. Companies often have to scramble for the right person to replace the owner or the manager in the case of their death, sickness, retirement, or other unexpected circumstances. Both small businesses and large corporations may be able to avoid these issues in the transition with a succession plan in place.

https://yanafeldmanlaw.com/practice-areas/estate-planning/business-succession-planning/

Facing the possibility of incapacity can be daunting, but taking steps to prepare for it is a critical component of comp...
11/25/2024

Facing the possibility of incapacity can be daunting, but taking steps to prepare for it is a critical component of comprehensive estate planning. It’s not just about safeguarding your assets; it’s also about providing clear directions and support for your family during such a challenging time. Planning ahead allows you to articulate your wishes regarding asset management and medical treatment, helping ensure that your preferences are respected and followed, even if you’re unable to communicate them yourself.

https://yanafeldmanlaw.com/planning-for-incapacity-faqs/

For some individuals, legal protection and assistance remain necessary even after reaching adulthood. Guardianships are ...
11/13/2024

For some individuals, legal protection and assistance remain necessary even after reaching adulthood. Guardianships are a legal arrangement that can provide essential support and decision-making authority for those who are unable to manage their personal or financial affairs due to age, disability, or other circumstances. Whether for a minor child or an adult who is incapacitated, a guardianship offers the support and oversight needed to protect their interests, ensuring that their rights and needs are met.

https://yanafeldmanlaw.com/practice-areas/guardianships/

Estate planning is a critical process that involves making important decisions about the management and distribution of ...
09/23/2024

Estate planning is a critical process that involves making important decisions about the management and distribution of your assets after your passing. While some individuals may attempt to handle estate planning on their own, the matter of handling multiple legal documents, tax implications, and ensuring the fulfillment of your wishes can be overwhelming. This raises the question: Do you need to hire an estate planning attorney?

https://yanafeldmanlaw.com/do-i-need-to-hire-an-estate-planning-attorney/

The New York estate tax exemption for 2024 has been set at $6.94 million. This exemption applies to estates of individua...
09/23/2024

The New York estate tax exemption for 2024 has been set at $6.94 million. This exemption applies to estates of individuals who pass away anytime from January 1, 2024, through December 31, 2024. One key aspect of the New York estate tax is its “cliff” effect. If the value of an estate surpasses 105% of the exemption, which is $7.29 million for 2024, the entire estate becomes taxable, not just the amount exceeding the exemption limit. This can lead to significantly higher tax liabilities unless proactive planning is in place.

https://yanafeldmanlaw.com/estate-of-affairs-a-handy-and-essential-guide-to-new-york-estate-tax/

With the cost of medical care and health insurance rising, it’s not uncommon for individuals to look for proactive measu...
09/23/2024

With the cost of medical care and health insurance rising, it’s not uncommon for individuals to look for proactive measures to avail themselves of all available government benefits. Planning for Medicaid allows individuals to alleviate some of the financial burdens long-term health care can bring. With a well-executed plan in place, you may be able to help your loved ones avoid becoming financially vulnerable. Proactive planning also allows you to inform your loved ones of your preferences when you become unable to communicate your choices either due to illness or disability.

https://yanafeldmanlaw.com/brooklyn-medicaid-planning-attorney/

Estate planning is not an easy undertaking and requires a deep understanding of the fundamentals of NY estate planning. ...
09/09/2024

Estate planning is not an easy undertaking and requires a deep understanding of the fundamentals of NY estate planning. When an individual passes away, their estate would have to pass through a court process before the beneficiaries can have access to their inheritance. Overseeing the inventory, verification, and division of the individual’s estate is not an easy undertaking. Managing the estate through probate or administration is a very important role fulfilled by either an executor or an administrator.

https://yanafeldmanlaw.com/executor-vs-administrator-what-is-the-difference-in-new-york/

As our population continues to age, it is increasingly important to recognize and respect the unique legal needs of our ...
09/09/2024

As our population continues to age, it is increasingly important to recognize and respect the unique legal needs of our elders. In the bustling city of New York, which millions of seniors call home, understanding elder law can be a daunting task. That’s where the assistance of an elder law attorney comes in. Hiring an elder law attorney in New York is not only beneficial but also essential for ensuring the well-being and protection of our beloved seniors.

https://yanafeldmanlaw.com/respect-your-elders-4-important-reasons-to-hire-an-elder-law-attorney-in-new-york/

Estate planning often brings to mind the technical aspects of asset management and legal documentation. However, it repr...
09/09/2024

Estate planning often brings to mind the technical aspects of asset management and legal documentation. However, it represents far more than just the division of assets; it’s a profound way to express care and consideration for your loved ones’ futures. By establishing an estate plan, you are providing a thoughtful gift that ensures peace of mind, minimizes potential conflicts, and preserves your legacy according to your wishes. This process not only simplifies the administrative burdens associated with losing a loved one but also provides clear directives on personal and financial matters, making it an invaluable gift to your family and friends.

https://yanafeldmanlaw.com/how-you-can-use-estate-planning-as-a-gift/

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132 32nd Street
Brooklyn, NY
11232

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Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

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+17187138080

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Estate Planning & Elder Law

We help families plan for the future, ensuring that their loved ones are best cared for from simple wills for young families to asset protection for business owners to long term care planning and Medicaid applications for elders. Our team is committed to creating an individualized plan for your family to ensure they are taken care of for a lifetime.