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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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Audrey Lee Jacobs

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General Practice

General practice law firm offering high caliber and discrete representation.

Audrey Jacobs is an experienced attorney who has been practicing law since 1992.

FREE CONSULTATION

CONTACT

800-874-9501

1979 Marcus Avenue, Lake Success, NY 11042

Lawrence Neal Berwitz

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Estate, Trusts, Elder Law, Power of Attorney, Wills & Probate

Lawrence N. Berwitz has been practicing law since 1980. He is a graduate of St. John’s University School of Law (1979) and earned his bachelor’s ... (more)

CONTACT

800-923-3590

310 Old Country Rd, Garden City, NY 11530

Douglas P. Mayer

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Divorce & Family Law, Estate

The Law Office of Douglas P. Mayer is a full-service law firm concentrating in Matrimonial and Family Law, Personal Injury Litigation, Wills and Estat... (more)

FREE CONSULTATION

CONTACT

800-948-7591

114 Old Country Rd, Mineola, NY 11501

Gary Scott Rosen

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Wills & Probate, Lawsuit, Employment

Gary Rosen has over 24 years of experience and prior to that, he was a real estate investor and developer, having developed dozens of condominium apar... (more)

CONTACT

516-437-3400

216 Lakeville Rd, Great Neck, NY 11020

John Virdone

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Divorce & Family Law, Child Custody, Estate, Wills & Probate, Elder Law

The goal of The Virdone Law Firm, P.C. is to provide unparalleled legal representation.

FREE CONSULTATION

CONTACT

516-570-3875

1600 Stewart Avenue, Westbury, NY 11590

Moriah Adamo

Bankruptcy, Estate Planning, Guardianships & Conservatorships, Litigation

Status: In Good Standing

CONTACT

3 Dakota Drive, Lake Success, NY 11042

John Belesi

Family Law, Antitrust, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

1111 Marcus Avenue, New Hyde Park, NY 11042

James L. Iannone

Real Estate, Litigation, Estate Planning, Criminal

Status: In Good Standing

CONTACT

421 Willis Ave., Williston Park, NY 11596

Judith B Raskin

Estate Administration, Elder Law, Disability, Administrative Law

Status: In Good Standing

CONTACT

600 Old Country Road, Garden City, NY 11530

Samuel J. Ferrara

Real Estate, Estate Planning, Family Law, Contract

Status: In Good Standing

CONTACT

1111 Marcus Avenue, New Hyde Park, NY 11042

800-923-0641

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

FUNDING A TRUST

Transferring ownership of property to a trust.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Roslyn Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Audrey Lee Jacobs

Lawrence Neal Berwitz

Douglas P. Mayer

Gary Scott Rosen

John Virdone

Moriah Adamo

John Belesi

James L. Iannone

Judith B Raskin

Samuel J. Ferrara

TIPS

LEGAL TERMS

ESTATE TAXES

STATUTORY SHARE

ALTERNATE BENEFICIARY

ABATEMENT

PROBATE

FUNDING A TRUST

HOLOGRAPHIC WILL

LIFE BENEFICIARY

TRUSTEE

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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