Roslyn Heights Estate Lawyer, New York, page 4

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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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Adrianne Hopper

Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

1122 Franklin Ave, Garden City, NY 11530

Aida Ferrer Leisenring

Traffic, Immigration, Social Security, Trusts

Status: In Good Standing Licensed: 17 Years

CONTACT

666 Old Country Rd, Garden City, NY 11530

Alan Edward Rabunski

Real Estate, International, Estate, Business

Status: In Good Standing

CONTACT

19 Wimbleton Ln, Great Neck, NY 11023

Alan R. Soberman

Lawsuit & Dispute, International, Estate, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

2001 Marcus Ave, Great Neck, NY 11042

Alan Ira Boockvar

Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

120 Front St, Mineola, NY 11501

Alan C. Eagle

Estate Planning, Employee Rights, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 39 Years

CONTACT

926 Rxr Plaza, Uniondale, NY 11556

Albert William Petraglia

Real Estate, Estate, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 51 Years

CONTACT

926 Rxr Plaza, Uniondale, NY 11556

Alexander David Nirenstein

Litigation, Trusts, Family Law, Divorce & Family Law

Status: In Good Standing

CONTACT

1 Welwyn Road, Great Neck, NY 11022

Allan D. Shafter

Real Estate, Lawsuit & Dispute, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 61 Years

CONTACT

921 Port Washington Blvd, Port Washington, NY 11050

Allen Michael Kranz

Education, Motor Vehicle, Wills & Probate, Divorce & Family Law

Status: In Good Standing

CONTACT

1600 Front St, East Meadow, NY 11554

800-923-0641

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

CURATOR

See conservator.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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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Roslyn Heights Estate Lawyer, New York, page 4

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Adrianne Hopper

Aida Ferrer Leisenring

Alan Edward Rabunski

Alan R. Soberman

Alan Ira Boockvar

Alan C. Eagle

Albert William Petraglia

Alexander David Nirenstein

Allan D. Shafter

Allen Michael Kranz

TIPS

LEGAL TERMS

STATUTORY SHARE

SPRINKLING TRUST

ENDOWMENT INSURANCE

FUNDING A TRUST

GENERATION-SKIPPING TRUST

SELF-PROVING WILL

OFFICER

CURATOR

AUGMENTED ESTATE

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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