Salamanca Estate 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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Alan Leroy Spears

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 41 Years

CONTACT

3701 W Five Mile Rd, Allegany, NY 14706

Andrew David Brautigam

Traffic, Wills & Probate, Workers' Compensation, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

32 White St, Fredonia, NY 14063

Brian C Palumbo

Real Estate, Estate, Elder Law, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

481 N Union St, Olean, NY 14760

Brian Francis Attea

Other, Real Estate, Estate

Status: In Good Standing Licensed: 32 Years

CONTACT

11 Main St, Hamburg, NY 14075

Bruce S. Scolton

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

414 E Fairmount Ave, Lakewood, NY 14750

Cheryl Mcfadden Zak

Estate, Divorce, Divorce & Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

12 Norwood Ave, Hamburg, NY 14075

Christopher Andrew Spence

Federal Trial Practice, Estate Planning, Workers' Compensation, Personal Injury

Status: In Good Standing

CONTACT

411 5Th Ave, Olean, NY 14760

Christopher Andrew Spence

Federal Trial Practice, Estate Planning, Workers' Compensation, Personal Injury

Status: In Good Standing

CONTACT

411 5Th Ave, Olean, NY 14760

David T. Pullen

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 49 Years

CONTACT

Fillmore, NY 14735

Debora Kaymore Becerra

Business, Estate, Tax, Estate

Status: In Good Standing Licensed: 27 Years

CONTACT

93 E. Fourth St., Dunkirk, NY 14048

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

NET ESTATE

The value of all property owned at death less liabilities or debts.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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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Salamanca Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Alan Leroy Spears

Andrew David Brautigam

Brian C Palumbo

Brian Francis Attea

Bruce S. Scolton

Cheryl Mcfadden Zak

Christopher Andrew Spence

Christopher Andrew Spence

David T. Pullen

Debora Kaymore Becerra

TIPS

LEGAL TERMS

GROSS ESTATE

FAILURE OF ISSUE

LIFE BENEFICIARY

ACCUMULATION TRUST

NET ESTATE

TRUSTEE

GENERATION-SKIPPING TRUST

NONPROBATE

SECONDARY MEANING

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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