Williston Park Estate Lawyer, New York, page 4

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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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Steven Bzura

Real Estate, Estate, Corporate, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

1325 Franklin Ave, Garden City, NY 11530

Karl Brodzansky

Accident & Injury, Divorce & Family Law, Estate, Real Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

585 Stewart Ave, Garden City, NY 11530

Joseph A Hyland

Accident & Injury, Estate, Lawsuit & Dispute, Trusts, Personal Injury

Status: In Good Standing Licensed: 25 Years

FREE CONSULTATION

CONTACT

254 Nassau Boulevard, Garden City South, NY 11530

Jeffrey Brown

Family Law, Labor Law, Wills & Probate, Civil Rights

Status: In Good Standing Licensed: 28 Years

CONTACT

1 Old Country Rd, Carle Place, NY 11514

Lenard Leeds

Class Action, Family Law, Wills & Probate, Civil Rights

Status: In Good Standing Licensed: 49 Years

CONTACT

1 Old Country Rd, Carle Place, NY 11514

Hollis F. Russell

Income Tax, Estate Administration, Gift Taxation, Estate Planning

Status: In Good Standing Licensed: 46 Years

CONTACT

1122 Franklin Ave, Garden City, NY 11530

Milton Grunwald

Wills & Probate, Contract, Business Organization, Personal Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

100 Garden City Plaza, Garden City, NY 11530

Andrew Lee Feldman

Estate Planning, Elder Law, Corporate, Banking & Finance

Status: In Good Standing Licensed: 38 Years

CONTACT

263 Mineola Blvd, Mineola, NY 11501

Jean M. Kestel

Real Estate, Estate, Wills & Probate, Commercial Real Estate

Status: Retired Licensed: 40 Years

CONTACT

154 Spring Drive, East Meadow, NY 11554

James J. Keefe

Estate Planning, Elder Law, Civil Rights, Corporate

Status: In Good Standing Licensed: 54 Years

CONTACT

1225 Franklin Ave, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DEED OF TRUST

See trust deed.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

FUNDING A TRUST

Transferring ownership of property to a trust.

NET ESTATE

The value of all property owned at death less liabilities or debts.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.

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.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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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Williston Park Estate Lawyer, New York, page 4

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Steven Bzura

Karl Brodzansky

Joseph A Hyland

Jeffrey Brown

Lenard Leeds

Hollis F. Russell

Milton Grunwald

Andrew Lee Feldman

Jean M. Kestel

James J. Keefe

TIPS

LEGAL TERMS

PROBATE

DEED OF TRUST

SPECIFIC BEQUEST

FUNDING A TRUST

NET ESTATE

CHARITABLE TRUST

POWER OF APPOINTMENT

GENERATION-SKIPPING TRUST

RESIDUARY BENEFICIARY

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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