Knox 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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Alfred Lewis Goldberger

Real Estate, Health Care, Wills & Probate, Trusts

Status: Licensed: 67 Years

CONTACT

224 State St, Schenectady, NY 12305

Peter Brooks Mchugh

Real Estate, Industry Specialties, Estate, Civil & Human Rights

Status: Licensed: 51 Years

CONTACT

224 State St, Schenectady, NY 12305

Richard M. Antokol

Real Estate, Trusts, Elder Law, Contract

Status: Licensed: 49 Years

CONTACT

514 State St, Schenectady, NY 12305

Kathleen Mary Toombs

Real Estate, Estate, Divorce & Family Law, Civil & Human Rights

Status: Licensed: 26 Years

CONTACT

157 Barrett St, Schenectady, NY 12305

Kris Marie Mcconville

Estate, Civil & Human Rights, Business, Accident & Injury

Status: Licensed: 26 Years

CONTACT

157 Barrett St, Schenectady, NY 12305

Lora Erin Como

Real Estate, Motor Vehicle, Estate, Criminal

Status: Licensed: 16 Years

CONTACT

146 Jay Street, Schenectady, NY 12305

John Arthur Della Ratta

Estate, Criminal, Personal Injury, Accident & Injury

Status: Licensed: 29 Years

CONTACT

147 Barrett St, Schenectady, NY 12305

Paul Edward Delorenzo

Accident & Injury, Real Estate, Estate, Wrongful Death

Status:

CONTACT

670 Franklin St, Schenectady, NY 12305

Edward J. Salvo

Real Estate, Estate, Criminal, Business

Status: Licensed: 54 Years

CONTACT

115 Clinton St, Schenectady, NY 12305

Glenn J. Witecki

Estate, Civil & Human Rights

Status: Licensed: 40 Years

CONTACT

Schenectady, NY 12301

800-923-0641

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LEGAL TERMS

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

CREDIT SHELTER TRUST

See AB trust.

TESTAMENTARY TRUST

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

FUNDING A TRUST

Transferring ownership of property to a trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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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Knox Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Alfred Lewis Goldberger

Peter Brooks Mchugh

Richard M. Antokol

Kathleen Mary Toombs

Kris Marie Mcconville

Lora Erin Como

John Arthur Della Ratta

Paul Edward Delorenzo

Edward J. Salvo

Glenn J. Witecki

TIPS

LEGAL TERMS

RESIDUARY BENEFICIARY

OFFICER

GROSS ESTATE

ESTATE PLANNING

DOWER AND CURTESY

CREDIT SHELTER TRUST

TESTAMENTARY TRUST

FUNDING A TRUST

EXEMPTION 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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