Understanding Sverdlov Law: Estate Planning and Elder Law in the Modern Age

Sverdlov Law PLLC has emerged as a leading voice in estate planning and elder law, particularly in New York. Founded by Katya Sverdlov, the firm specializes in helping individuals and families navigate complex legal terrain involving wills, trusts, guardianship, and Medicaid planning. What sets Sverdlov Law apart is its commitment to educating the public through its blog, “Leaving A Loving Legacy,” which consistently addresses timely and nuanced topics. From the intricacies of special needs trusts to the challenges of removing executors, the firm’s content reflects a deep understanding of both legal frameworks and human concerns. This article explores the core themes and services of Sverdlov Law, offering practical insights for those seeking to protect their assets and loved ones.

Estate planning is no longer a luxury reserved for the wealthy—it’s a necessity for anyone with dependents, property, or long-term care needs. Sverdlov Law’s approach emphasizes proactive planning, especially for families with special needs children or aging parents. For example, the firm frequently discusses the importance of Supplemental Needs Trusts, which allow parents to provide for disabled children without jeopardizing their eligibility for government benefits. This kind of planning requires not only legal expertise but also sensitivity to family dynamics and future uncertainties. As highlighted in recent coverage by CNN, the rise in autism diagnoses and developmental disorders has made such trusts more relevant than ever.

Another area where Sverdlov Law excels is guardianship law. Many families face difficult decisions when elderly relatives begin to lose capacity. The firm’s blog explains when and how to file for guardianship, offering examples of common scenarios such as refusal to accept medical care or financial mismanagement. These cases often involve emotional conflict, and Sverdlov Law provides both legal clarity and compassionate guidance. According to a recent New York Times article, guardianship filings have increased nationwide, reflecting demographic shifts and longer life expectancies. Sverdlov Law’s resources help families make informed choices while respecting the dignity of their loved ones.

Estate Tax Planning: Citizens vs. Foreign Nationals

One of the most misunderstood aspects of estate planning is the difference in tax treatment between U.S. citizens and foreign nationals. Sverdlov Law has published extensively on this topic, clarifying how residency status affects estate tax exemptions. For instance, U.S. citizens currently enjoy a federal estate tax exemption of over $13 million, while non-resident aliens may be taxed on U.S.-based assets above just $60,000. This disparity can lead to unexpected liabilities for international families, especially those owning property or businesses in the United States. As reported by BBC Business, cross-border estate planning is becoming a critical issue for global investors.

Sverdlov Law advises foreign clients to consider Qualified Domestic Trusts (QDOTs), which allow surviving spouses to defer estate taxes while maintaining access to assets. These trusts must meet specific IRS requirements, including having a U.S. trustee and filing annual reports. The firm’s guidance ensures compliance while optimizing tax outcomes. In addition, Sverdlov Law helps clients structure ownership through LLCs or irrevocable trusts to shield assets from estate taxation. This strategy is particularly useful for real estate investors and entrepreneurs with multinational portfolios. A recent USA Today feature highlighted the growing demand for such services among high-net-worth individuals.

Beyond tax planning, Sverdlov Law emphasizes the importance of cultural sensitivity and multilingual communication. Many foreign clients face language barriers and unfamiliar legal systems, which can complicate estate planning. The firm’s team is trained to navigate these challenges, offering personalized solutions that reflect each client’s values and goals. Whether drafting wills in multiple languages or coordinating with overseas counsel, Sverdlov Law ensures that international families receive comprehensive support. This global perspective is increasingly vital in a world where families are often spread across continents.

Inheritance Equality and Executor Disputes

A recurring theme in Sverdlov Law’s blog is the question of inheritance equality. Contrary to popular belief, parents are not legally obligated to leave equal shares to all children. The firm explains that estate distribution can reflect personal relationships, financial needs, or contributions to caregiving. For example, a child who provided full-time care for an aging parent may receive a larger share than siblings who were less involved. This approach can prevent resentment and legal disputes, provided the rationale is clearly documented. As discussed in The Wall Street Journal, unequal inheritances are increasingly common and legally defensible.

Executor disputes are another area where Sverdlov Law provides critical guidance. When beneficiaries believe an executor is mismanaging assets or acting in bad faith, they may seek removal through the courts. Sverdlov Law outlines the legal standards for removal, including breach of fiduciary duty, conflict of interest, and failure to account. These cases often involve complex evidence and emotional testimony, requiring skilled advocacy. The firm’s blog offers real-world examples and procedural tips, helping clients understand their rights and options. According to a CBS News report, executor disputes are among the fastest-growing areas of probate litigation.

To prevent such conflicts, Sverdlov Law recommends appointing professional fiduciaries or co-executors with complementary skills. This strategy can balance emotional and financial responsibilities, reducing the risk of mismanagement. The firm also encourages regular updates to estate plans, especially after major life events such as divorce, remarriage, or the birth of grandchildren. By maintaining clear documentation and open communication, families can avoid costly legal battles and preserve relationships. Sverdlov Law’s proactive approach reflects its commitment to both legal excellence and family harmony.

Medicaid Planning and Real Estate Trusts

Medicaid planning is a cornerstone of elder law, and Sverdlov Law offers sophisticated strategies to protect assets while ensuring eligibility. One common technique is placing a home into an irrevocable trust, which removes it from the applicant’s countable assets. This allows seniors to qualify for Medicaid without losing their residence. However, the timing and structure of the trust are critical—transfers made within five years of application may trigger penalties. Sverdlov Law’s expertise ensures that clients navigate these rules effectively. A recent NBC News investigation highlighted the growing use of trusts in Medicaid planning.

In addition to asset protection, Sverdlov Law helps clients understand the implications of trust ownership on property taxes, insurance, and inheritance. For example, placing a home in a trust may affect eligibility for STAR exemptions or complicate refinancing. The firm provides detailed analysis and coordinates with financial advisors to ensure holistic planning. This level of integration is essential for clients with complex portfolios or long-term care needs. As reported by Forbes, real estate trusts are becoming a standard tool in elder law.

Sverdlov Law also educates clients about the risks of DIY Medicaid planning. Online templates and generic advice often fail to account for state-specific rules or individual circumstances. The firm’s blog warns against common mistakes, such as transferring assets to children without legal safeguards. These errors can lead to disqualification, tax penalties, or family disputes. By offering personalized consultations and legal drafting, Sverdlov Law ensures that clients receive reliable and compliant solutions. This commitment to quality sets the firm apart in a crowded field.

Key Legal Tools and Planning Strategies

Sverdlov Law employs a range of legal instruments to achieve client goals. These include wills, revocable and irrevocable trusts, powers of attorney, health care proxies, and guardianship petitions. Each tool serves a specific purpose and must be tailored to the client’s situation. For example, a revocable trust allows for flexible asset management during life and avoids probate upon death. An irrevocable trust, by contrast, offers stronger asset protection but limits control. Sverdlov Law helps clients weigh these trade-offs and choose the right structure. As noted by Reuters, customization is key to effective estate planning.

The firm also emphasizes the importance of beneficiary designations. Many assets, such as retirement accounts and life insurance policies, pass outside