Little Neck Estate Lawyer, New York, page 3

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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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Sidney G Sparrow

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

CONTACT

125-10 Queens Blvd, Kew Gardens, NY 11415

Robert J. Kurre

Estate, Elder Law, Guardianships & Conservatorships, Medicare & Medicaid, Power of Attorney

Status: In Good Standing Licensed: 34 Years

FREE CONSULTATION

CONTACT

1615 Northern Boulevard, Manhasset, NY 11030

Lance H. Meyer

Estate, Divorce & Family Law, Criminal, Child Support

Status: In Good Standing Licensed: 18 Years

FREE CONSULTATION

CONTACT

3 Dakota Drive, Lake Success, NY 11042

Tanya Hobson-Williams

Accident & Injury, Estate, Real Estate, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

87-01 Midland Parkway, Jamaica, NY 11432

Ira S. Newman

Wills & Probate, Labor Law, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 58 Years

CONTACT

20 Devon Rd, Great Neck, NY 11023

Ronald Alvin Fatoullah

Power of Attorney, Real Estate Other, Medicare & Medicaid, Estate, Divorce

Status: In Good Standing

CONTACT

60 Cuttermill Rd, Great Neck, NY 11021

Joseph A Hyland

Accident & Injury, Estate, Lawsuit & Dispute, Trusts, Personal Injury

Status: In Good Standing Licensed: 25 Years

FREE CONSULTATION

CONTACT

254 Nassau Boulevard, Garden City South, NY 11530

Jennifer Pupo Santangelo

Litigation, Trusts, Estate, Elder Law

Status: In Good Standing

CONTACT

1010 Northern Boulevard, Great Neck, NY 11021

Saul Elnadav

Estate Planning, Elder Law, Accident & Injury

Status: In Good Standing

CONTACT

3000 Marcus Ave, New Hyde Park, NY 11042

Reena Gulati

Real Estate, Trusts, Estate, Business

Status: In Good Standing

CONTACT

3000 Marcus Ave, Great Neck, NY 11042

800-923-0641

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LEGAL TERMS

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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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Little Neck Estate Lawyer, New York, page 3

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Sidney G Sparrow

Robert J. Kurre

Lance H. Meyer

Tanya Hobson-Williams

Ira S. Newman

Ronald Alvin Fatoullah

Joseph A Hyland

Jennifer Pupo Santangelo

Saul Elnadav

Reena Gulati

TIPS

LEGAL TERMS

KINDRED

SPENDTHRIFT TRUST

PERSONAL PROPERTY

EXEMPTION TRUST

FINAL BENEFICIARY

INVENTORY

FAILURE OF ISSUE

DOWER AND CURTESY

RULE AGAINST PERPETUITIES

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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