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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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Mary Theresa Colwell

Wills & Probate, Family Law, Constitutional Law, Banking & Finance

Status: In Good Standing

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20 Corporate Woods Boulevard, Albany, NY 12211

Michael E Cusack

Estate Planning, Environmental Law, Contract, Business Organization

Status: In Good Standing

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Executive Woods, 5 Palisades Drive, Albany, NY 12205

Clifford C. Rohde

Real Estate, Mediation, Estate, Divorce & Family Law

Status: In Good Standing

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1540 Central Ave, Albany, NY 12205

Sonya del Peral

Corporate, Education, Estate Planning, Intellectual Property

Status: In Good Standing

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Executive Woods, 5 Palisades Drive, Albany, NY 12205

Morgen M. Bowers

Corporate, Education, Estate Planning, Intellectual Property

Status: In Good Standing

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Executive Woods, 5 Palisades Drive, Albany, NY 12205

Bellanca J. Fletcher

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

Status: In Good Standing

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251 River Street, Troy, NY 12181

John Thomas Biscone

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 54 Years

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186 Main St, Ravena, NY 12143

Matthew Joseph Griesemer

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing Licensed: 17 Years

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138 Blossom Lane, Valatie, NY 12184

Sarah Marie Biscone

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 24 Years

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186 Main St, Ravena, NY 12143

Phillip M. Tribble

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 46 Years

CONTACT

Kinderhook, NY 12106

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LEGAL TERMS

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

MARITAL LIFE ESTATE TRUST

See AB trust.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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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New Baltimore Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Mary Theresa Colwell

Michael E Cusack

Clifford C. Rohde

Sonya del Peral

Morgen M. Bowers

Bellanca J. Fletcher

John Thomas Biscone

Matthew Joseph Griesemer

Sarah Marie Biscone

Phillip M. Tribble

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LEGAL TERMS

GENERATION-SKIPPING TRUST

GENERATION-SKIPPING TRANSFER TAX

MARITAL LIFE ESTATE TRUST

INTER VIVOS TRUST

TRUSTEE POWERS

REMAINDERMAN

SUCCESSION

GRANT DEED

QDOT 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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