St Albans Trusts Lawyer, New York

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Robert Klipstein
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Ballon Stoll PC
810 7th Ave Suite 405 New York, NY 10019» view map
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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
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Robert Abrams

Trusts, Estate Planning, Estate, Elder Law

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CONTACT

1111 Marcus Avenue, New Hyde Park, NY 11042

Ann Margaret Carrozza

Wills, Trusts, Guardianships & Conservatorships, Elder Law

Status: Licensed: 29 Years

CONTACT

21338 40Th Ave, Bayside, NY 11361

Ronald Joseph Schwartz

Education, Trusts, Elder Law, Civil & Human Rights

Status: Licensed: 61 Years

CONTACT

24616 Union Tpke, Bellerose, NY 11426

Adam Foster Katz

Medicare & Medicaid, Trusts, Personal Injury, Corporate

Status:

CONTACT

77 Spruce St, Cedarhurst, NY 11516

John Roman Kosakowski

Foreclosure, Trusts, Family Law, Business Organization

Status: Licensed: 23 Years

CONTACT

Floral Park, NY 11002

Yanfei Ran

Immigration, Trusts, Divorce & Family Law, Consumer Rights

Status: Licensed: 10 Years

CONTACT

13620 38Th Ave, Flushing, NY 11354

Tiffany Troy

Class Action, Medical Malpractice, Family Law, Trusts

Status: Licensed: 4 Years

CONTACT

4125 Kissena Blvd, Flushing, NY 11355

George Klein

Real Estate, Trusts, Elder Law, Wills & Probate

Status: Licensed: 41 Years

CONTACT

7009 Austin St, Forest Hills, NY 11375

Paul Joseph Gengo

Trusts, Estate, Business

Status: Licensed: 44 Years

CONTACT

295 Burns St, Forest Hills, NY 11375

Juliet Gavriel

Tax, Trusts, Estate, Elder Law

Status: Licensed: 13 Years

CONTACT

10519 Metropolitan Ave, Forest Hills, NY 11375

800-923-0641

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LEGAL TERMS

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

FAMILY POT TRUST

See pot trust.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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St Albans Trusts Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Robert Abrams

Ann Margaret Carrozza

Ronald Joseph Schwartz

Adam Foster Katz

John Roman Kosakowski

Yanfei Ran

Tiffany Troy

George Klein

Paul Joseph Gengo

Juliet Gavriel

TIPS

LEGAL TERMS

DISINHERIT

LIVING TRUST

FAMILY POT TRUST

QDOT TRUST

BANKRUPTCY ESTATE

RESIDUARY ESTATE

GENERATION-SKIPPING TRUST

HOLOGRAPHIC WILL

ADMINISTRATION (OF AN ESTATE)

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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