Frankfort 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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Elizabeth Ann Evans

Other, Wills, Estate Planning, Estate

Status: Licensed: 16 Years

CONTACT

555 French Rd, New Hartford, NY 13413

Ellen Sears Rayhill

Estate

Status: Licensed: 35 Years

CONTACT

800 Park Ave, Utica, NY 13501

Erin P. Champion

Estate, Bankruptcy & Debt

Status: Licensed: 24 Years

CONTACT

10 Broad St, Utica, NY 13501

F Paul Steates

International Tax, Estate Planning, Estate

Status: Licensed: 45 Years

CONTACT

408 Lomond Pl, Utica, NY 13502

G Kevin Ludlow

Real Estate, Other, Estate, Bankruptcy & Debt

Status: Licensed: 41 Years

CONTACT

Sauquoit, NY 13456

Geoffrey Alton Hampton

International Tax, Estate Planning, Elder Law, Business & Trade

Status: Licensed: 69 Years

CONTACT

2621 Genesee Street, Utica, NY 13501

George John Flemma

Wills & Probate

Status: Licensed: 31 Years

CONTACT

120 Bleecker St, Utica, NY 13501

Grant E. Johnson

Immigration, Estate Planning, Divorce, Bankruptcy

Status: Licensed: 66 Years

CONTACT

405 Court St, Utica, NY 13502

Gregory Allen Hamlin

Real Estate, Estate

Status: Licensed: 51 Years

CONTACT

185 Genesee St, Utica, NY 13501

Harris John Samuels

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 49 Years

CONTACT

Sauquoit, NY 13456

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LEGAL TERMS

TRUSTEE POWERS

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

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

IRREVOCABLE TRUST

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

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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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Frankfort Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Elizabeth Ann Evans

Ellen Sears Rayhill

Erin P. Champion

F Paul Steates

G Kevin Ludlow

Geoffrey Alton Hampton

George John Flemma

Grant E. Johnson

Gregory Allen Hamlin

Harris John Samuels

TIPS

LEGAL TERMS

TRUSTEE POWERS

CHARITABLE TRUST

IRREVOCABLE TRUST

SPECIFIC BEQUEST

HEIR APPARENT

IN TERROREM

ENDOWMENT INSURANCE

INHERITANCE TAXES

RESIDUARY BENEFICIARY

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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