Pound Ridge 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

Carolyn Ellen Harting

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

Bedford, NY 10506

Allison Guthrie Fischer

Estate, Estate Planning

Status: In Good Standing Licensed: 27 Years

CONTACT

Cross River, NY 10518

Judith A. Aydelott

Estate Planning, Labor Law, Employment, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

100 Maple Ave, Katonah, NY 10536

Farva Jafri

Bankruptcy & Debt, Tax, Divorce, Estate Planning, White Collar Crime

Status: In Good Standing

FREE CONSULTATION

CONTACT

50 Evergreen Row, Armonk, NY 10504

George Hunter Roberts

Commercial Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

200 Katonah Ave, Katonah, NY 10536

Margaretha L. Gravett

Estate Planning, Family Law, Child Support, Elder Law

Status: In Good Standing Licensed: 24 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

Renee Goldman Schwartz

Litigation, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 32 Years

CONTACT

100 S Bedford Rd, Mount Kisco, NY 10549

Douglas E. Singer

Trusts, Estate Planning, Corporate, Business

Status: In Good Standing

CONTACT

55 Smith Ave, Mount Kisco, NY 10549

Douglas E. Singer

Trusts, Estate Planning, Corporate, Business

Status: In Good Standing

CONTACT

55 Smith Ave, Mount Kisco, NY 10549

Renee Goldman Schwartz

Litigation, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 32 Years

CONTACT

100 S Bedford Rd, Mount Kisco, NY 10549

800-923-0641

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LEGAL TERMS

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

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.

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.

FAMILY POT TRUST

See pot trust.

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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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Pound Ridge Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Carolyn Ellen Harting

Allison Guthrie Fischer

Judith A. Aydelott

Farva Jafri

George Hunter Roberts

Margaretha L. Gravett

Renee Goldman Schwartz

Douglas E. Singer

Douglas E. Singer

Renee Goldman Schwartz

TIPS

LEGAL TERMS

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

SWEARING MATCH

BENEFICIARY

ESTATE TAXES

INVESTOR

RESIDUARY ESTATE

FAMILY POT TRUST

PERSONAL PROPERTY

SPRINKLING TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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