Jericho 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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Harold Michael Rechler

Real Estate, Lawsuit & Dispute, Immigration, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

100 Jericho Quadrangle, Jericho, NY 11753

Joseph Ehrenreich

Real Estate, Estate

Status: In Good Standing

CONTACT

366 N Broadway, Jericho, NY 11753

Terence Patrick Cremins

Lawsuit & Dispute, Government, Estate, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

1 Jericho Plaza, Jericho, NY 11753

William Scott Fowler

Real Estate, Visa, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

99 Jericho Tpke, Jericho, NY 11753

Salvatore Anthony Lecci

Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 50 Years

CONTACT

420 Jericho Tpke, Jericho, NY 11753

Cheryl L. Kreger-Grella

Wills, Divorce, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

420 Jericho Tpke, Jericho, NY 11753

Mitchell P. Sandler

Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

380 N Broadway, Jericho, NY 11753

Sheryl Sue Goldman

Real Estate, Estate, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

375 N Broadway, Jericho, NY 11753

Lisa Michele Brantman

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 32 Years

CONTACT

390 N Broadway, Jericho, NY 11753

Stuart Jay Adler

Estate Planning

Status: In Good Standing Licensed: 38 Years

CONTACT

375 N Broadway, Jericho, NY 11753

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

FUNDING A TRUST

Transferring ownership of property to a trust.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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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Jericho Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Harold Michael Rechler

Joseph Ehrenreich

Terence Patrick Cremins

William Scott Fowler

Salvatore Anthony Lecci

Cheryl L. Kreger-Grella

Mitchell P. Sandler

Sheryl Sue Goldman

Lisa Michele Brantman

Stuart Jay Adler

TIPS

LEGAL TERMS

RESIDUARY ESTATE

SUCCESSION

BENEFICIARY

PUBLIC ADMINISTRATOR

FUNDING A TRUST

TRUST DEED

PERSONAL PROPERTY

PUBLISHED WORK

AUGMENTED ESTATE

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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