Sunnyside Trusts Lawyer, New York, page 2

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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
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Richard Reichler

Estate Planning, Tax, Trusts

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CONTACT

605 Third Avenue, New York, NY 10158

Steven M. Etkind

Corporate Tax, Tax, Trusts, Estate

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CONTACT

551 Fifth Avenue, New York, NY 10176

Peter L. Lese

Trusts, Estate Planning, Estate

Status:

CONTACT

555 Fifth Avenue, New York, NY 10017

Leonard B. Nathanson

Real Estate, Trusts, Estate Planning, Estate

Status: Licensed: 55 Years

CONTACT

875 3Rd Ave, New York, NY 10022

David Alan Kellman

Commercial Real Estate, International Tax, Trusts, Estate Planning

Status: Licensed: 50 Years

CONTACT

260 Madison Ave, New York, NY 10016

Martin Lee Lerner

Trusts, Estate, Pension & Benefits, Family Law

Status: Licensed: 48 Years

CONTACT

488 Madison Ave, New York, NY 10022

John D. Dadakis

Commercial Real Estate, Trusts, Estate Planning, Business, Estate

Status: Licensed: 48 Years

CONTACT

101 Park Ave, New York, NY 10178

John Franklin Lang

Litigation, Wills, Trusts, Estate

Status: Licensed: 55 Years

CONTACT

60 E 42Nd St, New York, NY 10165

Mark E Haranzo

Commercial Real Estate, International, Trusts, Estate Planning, Mass Torts

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31 W 52Nd St, New York, NY 10019

Mark Alan Goldsmith

Commercial Real Estate, International Tax, Trusts, Estate Planning

Status: Licensed: 43 Years

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875 Third Ave, New York, NY 10022

800-814-6700

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LEGAL TERMS

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.

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.'

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

MARITAL LIFE ESTATE TRUST

See AB trust.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

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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Sunnyside Trusts Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Richard Reichler

Steven M. Etkind

Peter L. Lese

Leonard B. Nathanson

David Alan Kellman

Martin Lee Lerner

John D. Dadakis

John Franklin Lang

Mark E Haranzo

Mark Alan Goldsmith

TIPS

LEGAL TERMS

RULE AGAINST PERPETUITIES

INCOMPETENCE

INTER VIVOS TRUST

MARITAL LIFE ESTATE TRUST

NONPROBATE

GRANTOR

CONTINGENT BENEFICIARY

INVESTOR

OFFICER

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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