Elmhurst Trusts Lawyer, New York, page 5

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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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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
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Anthony Sang-Kyom Park

Wills, Trusts, Estate

Status: In Good Standing

CONTACT

33 W 60Th St, New York, NY 10023

Avron I. Brog

Tax, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 62 Years

CONTACT

875 3Rd Ave, New York, NY 10022

Kenneth L. Stein

Litigation, Trusts, Estate Planning, Corporate

Status: In Good Standing Licensed: 62 Years

CONTACT

600 3Rd Ave, New York, NY 10016

Harvey E Corn

International, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 51 Years

CONTACT

600 3Rd Ave, New York, NY 10016

Matthew Daniel Matatof

Corporate, Credit & Debt, Personal Injury, Trusts

Status: In Good Standing Licensed: 15 Years

CONTACT

106 W 32Nd St, New York, NY 10001

Matthew Daniel Matatof

Corporate, Credit & Debt, Personal Injury, Trusts

Status: In Good Standing Licensed: 15 Years

CONTACT

106 W 32Nd St, New York, NY 10001

Sharon Melissa Siegel

Education, Real Estate, Trusts, Bankruptcy

Status: In Good Standing

CONTACT

521 5Th Ave, New York, NY 10175

Joseph A. Field

International, Trusts, Gift Taxation, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

31 W 52Nd St, New York, NY 10019

Gary S. Moriwaki

Tax, Estate Administration, Trusts, Estate Planning

Status: In Good Standing Licensed: 47 Years

CONTACT

156 West 56Th Street, New York, NY 10019

Steven Kay

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing

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LEGAL TERMS

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation 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.

LIFE BENEFICIARY

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

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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.

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.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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Elmhurst Trusts Lawyer, New York, page 5

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Anthony Sang-Kyom Park

Avron I. Brog

Kenneth L. Stein

Harvey E Corn

Matthew Daniel Matatof

Matthew Daniel Matatof

Sharon Melissa Siegel

Joseph A. Field

Gary S. Moriwaki

Steven Kay

TIPS

LEGAL TERMS

DOWER AND CURTESY

LETTERS TESTAMENTARY

ACCUMULATION TRUST

TRUSTEE

LIFE BENEFICIARY

ADMINISTRATION (OF AN ESTATE)

POUR-OVER WILL

HOLOGRAPHIC WILL

WARRANTY DEED

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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