Somers 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 David Feller

Industry Specialties, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 23 Years

CONTACT

625 Route 6, Mahopac, NY 10541

Allison Guthrie Fischer

Estate, Estate Planning

Status: In Good Standing Licensed: 27 Years

CONTACT

Cross River, NY 10518

Audrey Jean Parma

Education, Real Estate, Estate, Divorce

Status: In Good Standing Licensed: 14 Years

CONTACT

5 Mountain Dr, Mahopac, NY 10541

Barry N. Gutterman

Government, Estate, Divorce & Family Law, Insurance

Status: In Good Standing Licensed: 54 Years

CONTACT

26 Hillside Ave, Goldens Bridge, NY 10526

Christine Marie Murphy

Estate, Divorce & Family Law, Criminal, Personal Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

2000 Maple Hill St, Yorktown Heights, NY 10598

Clement S. Patti

Real Estate, Estate, Business

Status: In Good Standing Licensed: 73 Years

CONTACT

22 Dwight Ln, Bedford Hills, NY 10507

David J. Bamonte

Real Estate, Estate

Status: In Good Standing Licensed: 36 Years

CONTACT

209 Route 202, Somers, NY 10589

Dianne Braun Hanley

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

Status: In Good Standing Licensed: 28 Years

CONTACT

121 Katonah Ave, Katonah, NY 10536

Edward J. Picco

Commercial Real Estate, Litigation, Wills, Personal Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

1852 Commerce St, Yorktown Heights, NY 10598

George Hunter Roberts

Commercial Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

200 Katonah Ave, Katonah, NY 10536

800-923-0641

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

TESTAMENTARY TRUST

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

LIFE BENEFICIARY

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

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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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Somers Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Alan David Feller

Allison Guthrie Fischer

Audrey Jean Parma

Barry N. Gutterman

Christine Marie Murphy

Clement S. Patti

David J. Bamonte

Dianne Braun Hanley

Edward J. Picco

George Hunter Roberts

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LEGAL TERMS

POWER OF APPOINTMENT

SPENDTHRIFT TRUST

IRREVOCABLE TRUST

TESTAMENTARY TRUST

LIFE BENEFICIARY

BENEFICIARY

LETTERS TESTAMENTARY

GROSS ESTATE

PROPERTY CONTROL TRUST

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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