Santa Claus Estate Planning Lawyer, New York, page 5

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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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2. Email
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Includes: Gift Taxation

Joseph A. Materna

Estate Planning, Wills & Probate, Trusts, Commercial Real Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

40 Wall St, New York, NY 10005

Jeff S. Adler

Criminal, Estate Planning, Family Law, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

26 Court Street, Brooklyn, NY 11242

Shaina Schallop Kamen

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 15 Years

CONTACT

180 Maiden Ln, New York, NY 10038

Thomas V Sciacca

Wills, Trusts, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

1 Liberty Plaza, New York, NY 10006

Ellen Nunno Corbo

Litigation, Estate Planning, Contract, Business Organization

Status: In Good Standing Licensed: 16 Years

CONTACT

425 5Th Avenue, New York, NY 10016

Jacob S. Shakarchy

Estate Planning, Corporate, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 44 Years

CONTACT

630 3Rd Ave, New York, NY 10017

Bradley Thomas Borden

International, Gift Taxation, Business & Trade, Tax

Status: In Good Standing Licensed: 25 Years

CONTACT

250 Joralemon St, Brooklyn, NY 11201

Donald G. Koch

Wills & Probate, Bankruptcy, Trusts, Estate Planning

Status: In Good Standing Licensed: 53 Years

CONTACT

26 Broadway, New York, NY 10004

Peter L. Lese

Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

555 Fifth Avenue, New York, NY 10017

Kenneth L. Stein

Litigation, Trusts, Estate Planning, Corporate

Status: In Good Standing Licensed: 62 Years

CONTACT

600 3Rd Ave, New York, NY 10016

800-923-0641

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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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Santa Claus Estate Planning Lawyer, New York, page 5

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Joseph A. Materna

Jeff S. Adler

Shaina Schallop Kamen

Thomas V Sciacca

Ellen Nunno Corbo

Jacob S. Shakarchy

Bradley Thomas Borden

Donald G. Koch

Peter L. Lese

Kenneth L. Stein

TIPS

LEGAL TERMS

FAMILY POT TRUST

PUBLIC ADMINISTRATOR

CONSERVATOR

RESIDUARY BENEFICIARY

PROBATE

GRANTOR RETAINED INCOME TRUST

PROBATE COURT

BEQUEATH

MINERAL RIGHTS

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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