Bear Mountain Estate 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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Glen P. Malia

Traffic, Wills, Wills & Probate, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

2117 Crompond Road, Cortlandt Manor, NY 10567

Asad Mahmood Ba-Yunus

Accident & Injury, Employment, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 23 Years

CONTACT

950 Main St, Peekskill, NY 10566

Lewis Charles Montana

Real Estate, Government, Estate, Business

Status: In Good Standing

CONTACT

1019 Park St, Peekskill, NY 10566

Chrystalia King

Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

1 Park Pl, Peekskill, NY 10566

Marsha Dell Kressin

Real Estate, Estate, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

832 South St, Peekskill, NY 10566

Glen P. Malia

Landlord-Tenant, Motor Vehicle, Estate, DUI-DWI, Criminal

Status: In Good Standing

CONTACT

1011 Park Street, Peekskill, NY 10566

Francesco Albert Catalina

Industry Specialties, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 43 Years

CONTACT

1013 Brown St, Peekskill, NY 10566

Fred Joseph Bianco

Criminal, Estate Planning, Wills & Probate, Corporate

Status: In Good Standing Licensed: 62 Years

CONTACT

1200 Brown St, Peekskill, NY 10566

Marie Ann Corliss

Trusts, Estate, Elder Law, Defamation & Slander

Status: In Good Standing Licensed: 39 Years

CONTACT

26 Pumphouse Road, Cortlandt Manor, NY 10567

James R. Hall

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

5003 Manor Dr, Peekskill, NY 10566

800-923-0641

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LEGAL TERMS

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

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.

TITLE COMPANY

A company that issues title insurance.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

FAMILY POT TRUST

See pot trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

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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Bear Mountain Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Glen P. Malia

Asad Mahmood Ba-Yunus

Lewis Charles Montana

Chrystalia King

Marsha Dell Kressin

Glen P. Malia

Francesco Albert Catalina

Fred Joseph Bianco

Marie Ann Corliss

James R. Hall

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

GROSS ESTATE

TITLE COMPANY

DISINHERIT

DEVISEE

AB TRUST

FAMILY POT TRUST

TRUSTEE POWERS

PER CAPITA

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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