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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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Gary A. Rosa

Wills, Wills & Probate, Trusts, Corporate

Status:

CONTACT

835 Main Street, Margaretville, NY 12455

Robert J. White

Wills & Probate, Criminal, Personal Injury, Accident & Injury

Status:

FREE CONSULTATION

CONTACT

Cornwallville, NY 12418

Jacqueline L Heubach

Social Security -- Disability, State and Local, Estate Planning, Workers' Compensation

Status:

FREE CONSULTATION

CONTACT

115 Green Street, Kingston, NY 12401

Donald Austin Odell

Commercial Real Estate, Estate Planning

Status: Licensed: 65 Years

CONTACT

12 Armstrong Rd, Arkville, NY 12406

Nancy B. Prior

Real Estate, Federal Appellate Practice, Estate Planning, Estate

Status: Licensed: 41 Years

CONTACT

Arkville, NY 12406

David Lenefsky

Estate

Status: Licensed: 61 Years

CONTACT

12 W Shokan Heights Rd, West Shokan, NY 12494

Jerald Mark Stein

Real Estate, Lawsuit & Dispute, Estate, Business

Status: Licensed: 34 Years

CONTACT

835 Main Street, Margaretville, NY 12455

Paula B. Fenton

Real Estate, Business, Estate, Entertainment, Estate Planning

Status: Licensed: 52 Years

CONTACT

2607 Glasco Tpke, Woodstock, NY 12498

Diane D. Cohen

Real Estate, Estate, Business

Status: Licensed: 27 Years

CONTACT

197 Olander Dr, East Jewett, NY 12424

Raymond Severing

Lawsuit & Dispute, Estate, Business

Status: Licensed: 41 Years

CONTACT

151 Tinker St, Woodstock, NY 12498

800-814-6700

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LEGAL TERMS

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

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.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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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Shandaken Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Gary A. Rosa

Robert J. White

Jacqueline L Heubach

Donald Austin Odell

Nancy B. Prior

David Lenefsky

Jerald Mark Stein

Paula B. Fenton

Diane D. Cohen

Raymond Severing

TIPS

LEGAL TERMS

TRUSTEE POWERS

HEIR AT LAW

EXEMPTION TRUST

AB TRUST

INTESTATE

ABATEMENT

REMAINDERMAN

REAL ESTATE AGENT

INHERIT

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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