Rochester Trusts Lawyer, New York

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Robert Klipstein
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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
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Judy M. Overholt

Wills, Wills & Probate, Trusts, Contract

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CONTACT

160 Linden Oaks Drive, Rochester, NY 14625

Jacqueline A. Constantino

Wills & Probate, Trusts, Estate Planning, Estate

Status:

CONTACT

3380 Monroe Avenue, Rochester, NY 14618

Scott A. Forsyth

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: Licensed: 48 Years

CONTACT

16 W Main St, Rochester, NY 14614

Rita Nischal

Trusts

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CONTACT

300 Bausch & Lomb Place, Rochester, NY 14604

Kelly Lyn Odorisi

Trusts, Estate Planning, Elder Law

Status: Licensed: 28 Years

CONTACT

1170 East Avenue, Rochester, NY 14607

Warren H. Heilbronner

Trusts, Estate, Civil & Human Rights, Bankruptcy

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CONTACT

145 Culver Rd, Rochester, NY 14620

B Andrew Dutcher

International Tax, Wills, Trusts, Elder Law

Status: Licensed: 49 Years

CONTACT

1399 Monroe Ave, Rochester, NY 14618

Edward David Bloom

Commercial Real Estate, Trusts, Estate Planning, Estate

Status: Licensed: 55 Years

CONTACT

65 Trevor Court Rd, Rochester, NY 14610

Daniel Herbert Overbeck

Advertising, Trusts, Estate Planning, Estate

Status: Licensed: 50 Years

CONTACT

300 Bausch And Lomb Pl, Rochester, NY 14604

Stephen H. Waite

Trusts, Estate, Corporate, Banking & Finance

Status: Licensed: 64 Years

CONTACT

300 Bausch And Lomb Pl, Rochester, NY 14604

800-814-6700

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LEGAL TERMS

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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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Rochester Trusts Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Judy M. Overholt

Jacqueline A. Constantino

Scott A. Forsyth

Rita Nischal

Kelly Lyn Odorisi

Warren H. Heilbronner

B Andrew Dutcher

Edward David Bloom

Daniel Herbert Overbeck

Stephen H. Waite

TIPS

LEGAL TERMS

INHERITANCE TAXES

QTIP TRUST

ENDOWMENT INSURANCE

HEIR APPARENT

REMAINDERMAN

PUBLIC ADMINISTRATOR

DISTRIBUTEE

TESTAMENTARY TRUST

ABATEMENT

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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