Palenville Trusts 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
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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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David A Roach

Real Estate, Trusts, Estate Planning, Personal Injury

Status: In Good Standing

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115 Green Street, Kingston, NY 12401

Stephen W. Dunn

Landlord-Tenant, Litigation, Trusts, Civil Rights

Status: In Good Standing

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235 Robinson St, Hudson, NY 12534

Theodore Guterman

Education, Tax, Trusts, Estate Planning

Status: In Good Standing Licensed: 53 Years

CONTACT

21 N 7Th St, Hudson, NY 12534

Stephanie Michelle Whidden

Real Estate, Lawsuit & Dispute, Trusts, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

West Hurley, NY 12491

Jay W. Swanson

International Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

356 Union Street, Hudson, NY 12534

Pamela Drugge Rusk

Wills, Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

255 Fair St, Kingston, NY 12401

Ephie D. Trataros

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 31 Years

CONTACT

70 Maiden Ln, Kingston, NY 12401

Ephie Trataros

Trusts, Family Law, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 30 Years

CONTACT

70 Maiden Ln, Kingston, NY 12401

Patricia Lee Ellison

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

175 Clinton Ave, Kingston, NY 12402

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

KINDRED

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

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

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.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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Palenville Trusts Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

David A Roach

Stephen W. Dunn

Theodore Guterman

Stephanie Michelle Whidden

Jay W. Swanson

Pamela Drugge Rusk

Ephie D. Trataros

Ephie Trataros

Patricia Lee Ellison

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LEGAL TERMS

FUNDING A TRUST

ENDOWMENT INSURANCE

INVESTOR

KINDRED

DISCHARGE (OF PROBATE ADMINISTRATOR)

INTESTATE

ESTATE TAXES

EXEMPTION TRUST

PUBLISHED WORK

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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