Bayport Wills & Probate Lawyer, New York

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Robert Klipstein
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Ballon Stoll PC
810 7th Ave Suite 405 New York, NY 10019» view map
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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
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Includes: Estate Administration, Living Wills, Wills

Harold Gordon Trabold

Commercial Real Estate, Wills

Status: In Good Standing Licensed: 59 Years

CONTACT

140 N Ocean Ave, Patchogue, NY 11772

Joseph N. Campolo

Intellectual Property, Wills & Probate, Employment, Adoption

Status: In Good Standing Licensed: 27 Years

CONTACT

4175 Veterans Memorial Hwy, Ronkonkoma, NY 11779

Lisa Renee Pomerantz

Real Estate, Social Security, Wills & Probate, Employment

Status: In Good Standing

CONTACT

80 Orville Dr, Bohemia, NY 11716

Michael H. Fier

Real Estate, Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 40 Years

CONTACT

160-2 Remington Blvd, Ronkonkoma, NY 11779

Danielle Turturo

Other, Foreclosure, Immigration, Wills & Probate

Status: In Good Standing Licensed: 13 Years

CONTACT

110 Washington Ave, Holtsville, NY 11742

Susan Joy Hermer

Landlord-Tenant, Real Estate, Wills & Probate, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

3100 Veterans Memorial Hwy, Bohemia, NY 11716

Robert Gerard Mcdermott

Real Estate, Lawsuit & Dispute, Wills & Probate, Criminal

Status: In Good Standing Licensed: 33 Years

CONTACT

3075 Veterans Hwy, Ronkonkoma, NY 11779

Doris Rompf

Family Law, Wills, Intellectual Property, Adoption

Status: In Good Standing Licensed: 34 Years

CONTACT

21 Innis Ave, Ronkonkoma, NY 11779

800-923-0641

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LEGAL TERMS

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.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

FUNDING A TRUST

Transferring ownership of property to a trust.

GRANTOR

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

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Bayport Wills & Probate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Harold Gordon Trabold

Joseph N. Campolo

Lisa Renee Pomerantz

Michael H. Fier

Danielle Turturo

Susan Joy Hermer

Robert Gerard Mcdermott

Doris Rompf

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LEGAL TERMS

ENTITY

EXECUTOR

EXEMPTION TRUST

FUNDING A TRUST

GRANTOR

ALTERNATE BENEFICIARY

PER STIRPES

NONPROBATE

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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