Guilford Estate Planning 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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Includes: Gift Taxation

Richard A. Harlem

Real Estate, Estate, Estate Planning

Status: Licensed: 42 Years

CONTACT

493 Chestnut Street, Suite 2, Oneonta, NY 13820

Francis William Wood

Commercial Real Estate, Estate Planning, Elder Law

Status: Licensed: 51 Years

CONTACT

Walton, NY 13856

Joshua Tyson Terrell

Power of Attorney, Traffic, Estate Planning, Personal Injury, Car Accident

Status: Licensed: 21 Years

CONTACT

60 Hawley St, Binghamton, NY 13902

Ryan Frederick Coutlee

Health Care, Wills & Probate, Estate Planning, Elder Law

Status: Licensed: 22 Years

CONTACT

189 Cemetery Road, Fly Creek, NY 13337

Richard Nathan Matties

Commercial Real Estate, Real Estate, Estate Planning, Estate

Status:

CONTACT

611 Country Club Rd, Vestal, NY 13850

Leonard Edward Sienko

Real Estate, Estate Planning, Defamation & Slander, Accident & Injury

Status:

CONTACT

12 E Main St, Hancock, NY 13783

George B. Kozol

Commercial Real Estate, International Tax, Estate Planning, Elder Law

Status: Licensed: 47 Years

CONTACT

Binghamton, NY 13902

Timothy Johnson

Landlord-Tenant, Elder Law, Estate Planning, Business

Status:

CONTACT

203 Main Street, Cooperstown, NY 13326

Robert Charles Knight

Landlord-Tenant, Landlord-Tenant, Commercial Real Estate, Elder Law, Estate Planning

Status:

CONTACT

19 Villa Circle, Endicott, NY 13760

Ryan Peter Wagenleitner

Gift Taxation, Bankruptcy, Class Action, Antitrust

Status: Licensed: 16 Years

CONTACT

2300 Hemlock Ln, Vestal, NY 13850

800-814-6700

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LEGAL TERMS

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

FUNDING A TRUST

Transferring ownership of property to a trust.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

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.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Guilford Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Richard A. Harlem

Francis William Wood

Joshua Tyson Terrell

Ryan Frederick Coutlee

Richard Nathan Matties

Leonard Edward Sienko

George B. Kozol

Timothy Johnson

Robert Charles Knight

Ryan Peter Wagenleitner

TIPS

LEGAL TERMS

INHERIT

FUNDING A TRUST

SPECIAL ADMINISTRATOR

POWER OF APPOINTMENT

SWEARING MATCH

SUMMARY PROBATE

REAL ESTATE AGENT

RESIDUARY BENEFICIARY

SPRINKLING TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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