St Albans Estate Lawyer, New York, page 6

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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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William J. Corbett

Lawsuit & Dispute, Government, Estate, Business, Collaborative Law

Status: In Good Standing Licensed: 59 Years

CONTACT

113 S Tyson Ave, Floral Park, NY 11001

Eugenia A. Montemarano

Real Estate, Trusts, Estate, Business

Status: In Good Standing

CONTACT

8167 Lefferts Blvd, Kew Gardens, NY 11415

Camy Tribeni Narain

Real Estate, Immigration, Estate, Criminal

Status: In Good Standing Licensed: 27 Years

CONTACT

11023 Rockaway Blvd, South Ozone Park, NY 11420

John F. Scheich

Business Organization, Banking & Finance, Wills & Probate, Elder Law

Status: Retired Licensed: 44 Years

CONTACT

103-42 Lefferts Blvd, South Richmond Hill, NY 11419

Richard Cary Spivack

Real Estate, Motor Vehicle, Estate, Guardianships & Conservatorships, Criminal

Status: In Good Standing

CONTACT

11821 Queens Blvd, Forest Hills, NY 11375

Annabel Joan Hubbard Bazante

Lawsuit & Dispute, Health Care, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 33 Years

CONTACT

524 Lucille Ave, Elmont, NY 11003

George Howard Dippel

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

4240 Bell Blvd, Bayside, NY 11361

James Lynn Follender

Residential Real Estate, Wills & Probate, Divorce, Divorce & Family Law

Status: Retired

CONTACT

215 E Merrick Rd, Valley Stream, NY 11580

James Follender

Real Estate, Wills, Divorce, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

215 E Merrick Rd, Valley Stream, NY 11580

Ann Margaret Carrozza

Wills, Trusts, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

21338 40Th Ave, Bayside, NY 11361

800-923-0641

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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.

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).

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

CREDIT SHELTER TRUST

See AB trust.

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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St Albans Estate Lawyer, New York, page 6

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

William J. Corbett

Eugenia A. Montemarano

Camy Tribeni Narain

John F. Scheich

Richard Cary Spivack

Annabel Joan Hubbard Bazante

George Howard Dippel

James Lynn Follender

James Follender

Ann Margaret Carrozza

TIPS

LEGAL TERMS

POUR-OVER WILL

REAL ESTATE AGENT

GRANTOR RETAINED INCOME TRUST

OFFICER

RULE AGAINST PERPETUITIES

SPENDTHRIFT TRUST

DEVISEE

INCOMPETENCE

CREDIT SHELTER 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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