East Northport Estate Planning Lawyer, New York

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Robert Klipstein
About | Practice Areas
Ballon Stoll PC
810 7th Ave Suite 405 New York, NY 10019» view map
Immigration Law
Counselors At Law

Founded in 1931 and built upon a tradition of excellence, Ballon Stoll P.C. is a mid-sized full-service law firm catering to the needs of businesses and individuals alike.

212.575.7900
1. Robert Klipstein New York, NY
  Attorney at Law, NY
  Columbia University Law School, J.D. 1960
2. AboutBallon Stoll PC
  Counselors At Law
3. Practice AreasExpertise
  Immigration
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Includes: Gift Taxation

Anthony Vincent Falcone

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Estate Planning

Mr. Falcone has extensive knowledge in estate planning for families of all ages and all income levels, Medicaid Asset Protection for seniors, Special ... (more)

CONTACT

631-319-7770

150 Motor Parkway, Hauppauge, NY 11788

James F. Misiano

Estate Planning, Personal Injury, Real Estate, Trusts

Status: In Good Standing

FREE CONSULTATION

CONTACT

510 Broadhollow Road, Melville, NY 11747

David C. Jacobson

Corporate Tax, Gift Taxation, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

445 Broad Hollow Road, Melville, NY 11747

Mark Howard Weiss

Estate, Estate Planning, Estate Administration

Status: In Good Standing

CONTACT

6165 Jericho Tpke, Commack, NY 11725

Barbara B. Ohlig

Estate Planning, Commercial Real Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

514 Larkfield Rd, East Northport, NY 11731

Donald J. Farinacci

Trusts, Estate Planning

Status: In Good Standing

CONTACT

105 Norton Dr, East Northport, NY 11731

Lisa Angella Harvey

Divorce & Family Law, Estate Planning, Wills & Probate, Family Law

Status: In Good Standing Licensed: 8 Years

CONTACT

150 Motor Parkway, Hauppauge, NY 11788

John Calimano

Estate Planning, Elder Law, Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

330 Vanderbilt Motor Parkway, Hauppauge, NY 11788

Stephen Kunken

Construction, Estate Planning, DUI-DWI, Criminal

Status: In Good Standing Licensed: 52 Years

CONTACT

125 Bay Dr E, Huntington, NY 11743

Donald Novick

Estate Planning, Divorce, Criminal, Business, Estate

Status: In Good Standing

CONTACT

202 E Main St, Huntington, NY 11743

800-923-0641

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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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East Northport Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Anthony Vincent Falcone

James F. Misiano

David C. Jacobson

Mark Howard Weiss

Barbara B. Ohlig

Donald J. Farinacci

Lisa Angella Harvey

John Calimano

Stephen Kunken

Donald Novick

TIPS

LEGAL TERMS

POUR-OVER WILL

SPENDTHRIFT TRUST

INTESTATE

ENTITY

GROSS ESTATE

LETTERS TESTAMENTARY

QDOT TRUST

GRANTOR

REAL ESTATE AGENT

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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