Bowmansville Estate Lawyer, New York, page 2

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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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Thomas Earl Webb

Traffic, Dispute Resolution, Wills & Probate, Elder Law, Family Law

Status: Licensed: 36 Years

CONTACT

5854 Main St, Buffalo, NY 14221

David Andrew Brody

Real Estate, International, Estate, Child Custody

Status: Licensed: 45 Years

CONTACT

5888 Main St, Buffalo, NY 14221

Joseph Michael Reynolds

Real Estate, Estate, Divorce

Status: Licensed: 26 Years

CONTACT

5900 Main St, Buffalo, NY 14221

Roger Bennett Simon

Estate

Status:

CONTACT

333 International Dr, Buffalo, NY 14221

Deborah Muhlbauer

Estate Planning, Tax

Status:

CONTACT

333 International Dr, Buffalo, NY 14221

Robert George Trusiak

Lawsuit & Dispute, Health Care, Wills & Probate, Whistleblower, Medical Malpractice

Status: Licensed: 38 Years

CONTACT

300 International Dr, Buffalo, NY 14221

John Vaughan Millane

Government, Estate, Divorce & Family Law, Criminal

Status: Licensed: 37 Years

CONTACT

300 International Dr, Buffalo, NY 14221

Tracy Lynn Heims

Estate

Status: Licensed: 16 Years

CONTACT

303 Cayuga Rd, Buffalo, NY 14225

Joseph P. Morsellino

Real Estate, Estate, Business

Status: Licensed: 62 Years

CONTACT

31 Dauphin Drive, Buffalo, NY 14221

Antonio Cardarelli

International, Estate, Divorce & Family Law

Status: Licensed: 44 Years

CONTACT

144 Woodgate Dr, Buffalo, NY 14227

800-923-0641

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LEGAL TERMS

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

CERTIFICATION OF TRUST

See abstract of trust.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

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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Bowmansville Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Thomas Earl Webb

David Andrew Brody

Joseph Michael Reynolds

Roger Bennett Simon

Deborah Muhlbauer

Robert George Trusiak

John Vaughan Millane

Tracy Lynn Heims

Joseph P. Morsellino

Antonio Cardarelli

TIPS

LEGAL TERMS

GROSS ESTATE

LETTERS TESTAMENTARY

IRREVOCABLE TRUST

CERTIFICATION OF TRUST

SPRINKLING TRUST

LAPSE

CONTINGENT BENEFICIARY

TESTAMENTARY TRUST

SPENDTHRIFT TRUST

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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