Valley Cottage Wills & Probate 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: Estate Administration, Living Wills, Wills

Hugh Janow

Business Organization, International, Wills & Probate, Corporate

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Carolyn J. Strassberg

Wills & Probate, Elder Law, Estate Planning, Wills

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Lori J. Perlman

Wills & Probate, Estate Planning, Wills, Trusts

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Michelle H. Frank

Business Organization, Wills & Probate, Estate Planning, Tax

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

David Warren

Family Law, Wills & Probate, Child Support, Farms

Status: In Good Standing Licensed: 29 Years

CONTACT

17 Squadron Blvd, New City, NY 10956

John E. Finnegan

Dispute Resolution, Wills & Probate, Family Law, Corporate

Status: In Good Standing Licensed: 40 Years

CONTACT

499 Route 304, New City, NY 10956

Ira Michael Emanuel

Real Estate, Municipal, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

4 Laurel Rd, New City, NY 10956

M. Teresa A. Faherty

Wills & Probate, Estate, Divorce & Family Law, Car Accident

Status: In Good Standing

CONTACT

20 S Main St, New City, NY 10956

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

96 South Broadway, Nyack, NY 10960

Robert Sherry Knoebel

Intellectual Property, Trusts, Wills & Probate

Status: In Good Standing Licensed: 34 Years

CONTACT

135 Main St, Nyack, NY 10960

800-923-0641

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Valley Cottage Wills & Probate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Hugh Janow

Carolyn J. Strassberg

Lori J. Perlman

Michelle H. Frank

David Warren

John E. Finnegan

Ira Michael Emanuel

M. Teresa A. Faherty

Albert J. Kaiser

Robert Sherry Knoebel

TIPS

LEGAL TERMS

TITLE COMPANY

INHERIT

NONPROBATE

SWEARING MATCH

WILL

QTIP TRUST

EXEMPTION TRUST

SUCCESSOR TRUSTEE

RESIDUARY ESTATE

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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