East Elmhurst 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

M. Joseph Levin

Wills & Probate, Elder Law, Estate Planning, Real Estate

Status:

FREE CONSULTATION

CONTACT

8626 Queens Boulevard, Elmhurst, NY 11373

Jacob M. Dyckman

Real Estate, Trusts, Estate Planning, Business Organization

Status:

FREE CONSULTATION

CONTACT

292 Madison Avenue, New York, NY 10017

Stephen J. Singer

Criminal, Estate Planning, Family Law, Real Estate

Status:

CONTACT

125-10 Queens Blvd, Kew Gardens, NY 11415

Paul B Gottbetter

Real Estate, Estate Planning, Partnerships, Business Organization

Status:

FREE CONSULTATION

CONTACT

488 Madison Avenue, New York, NY 10022

Madeleine E. Moise Cassetta

Family Law, Professional Malpractice, Estate Planning, Ethics

Status:

CONTACT

885 Third Avenue, New York, NY 10022

Melissa Longo Munster

Corporate, Employment, Estate Planning, Family Law

Status:

CONTACT

630 Third Avenue, New York, NY 10017

Sidney G Sparrow

Criminal, Estate Planning, Family Law, Real Estate

Status:

CONTACT

125-10 Queens Blvd, Kew Gardens, NY 11415

Leonard S Salis

Corporate, Business, Estate Planning, Franchising, Estate

Status:

FREE CONSULTATION

CONTACT

110 East 59Th Street, New York, NY 10022

Robert J. Greenstein

Transportation & Shipping, Mental Health, Estate Planning, Personal Injury, Industry Specialties

Status: Licensed: 31 Years

CONTACT

1825 Park Ave, New York, NY 10035

Seth Milbauer

Real Estate, Trusts, Estate Planning, Family Law, Accident & Injury

Status: Licensed: 32 Years

CONTACT

1825 Park Ave, New York, NY 10035

800-923-0641

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LEGAL TERMS

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

TESTAMENTARY TRUST

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

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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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East Elmhurst Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

M. Joseph Levin

Jacob M. Dyckman

Stephen J. Singer

Paul B Gottbetter

Madeleine E. Moise Cassetta

Melissa Longo Munster

Sidney G Sparrow

Leonard S Salis

Robert J. Greenstein

Seth Milbauer

TIPS

LEGAL TERMS

GRANT DEED

PER CAPITA

SWEARING MATCH

ANCILLARY PROBATE

ABSTRACT OF TRUST

TRUST CORPUS

ACCUMULATION TRUST

TESTAMENTARY TRUST

ESTATE TAXES

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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