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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
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Matthew Daniel Matatof

Corporate, Credit & Debt, Personal Injury, Trusts

Status: In Good Standing Licensed: 16 Years

CONTACT

106 W 32Nd St, New York, NY 10001

Gary S. Moriwaki

Tax, Estate Administration, Trusts, Estate Planning

Status: In Good Standing Licensed: 48 Years

CONTACT

156 West 56Th Street, New York, NY 10019

Peter L. Klausner

Commercial Real Estate, International Tax, Trusts, Estate Planning

Status: In Good Standing

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450 E 83Rd St, New York, NY 10028

Jon H. Grouf

Commercial Real Estate, International Tax, Trusts, Business & Trade

Status: In Good Standing Licensed: 57 Years

CONTACT

1540 Broadway, New York, NY 10036

Peter Alan Hardy

Commercial Real Estate, Real Estate, Wills, Trusts

Status: In Good Standing Licensed: 29 Years

CONTACT

450 Fashion Ave, New York, NY 10123

Avron I. Brog

Tax, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 62 Years

CONTACT

875 3Rd Ave, New York, NY 10022

Eugenia A. Montemarano

Real Estate, Trusts, Estate, Business

Status: In Good Standing

CONTACT

8167 Lefferts Blvd, Kew Gardens, NY 11415

Kenneth Michael Davidson

Intellectual Property, Trusts, Business

Status: In Good Standing

CONTACT

Brooklyn, NY 11202

Kenneth Michael Davidson

Intellectual Property, Trusts, Business

Status: In Good Standing

CONTACT

Brooklyn, NY 11202

Daniel L. Kesten

International, Trusts, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

7 Times Square, New York, NY 10036

800-923-0641

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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

CERTIFICATION OF TRUST

See abstract of trust.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

MARITAL LIFE ESTATE TRUST

See AB trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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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Woodside Trusts Lawyer, New York, page 5

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Matthew Daniel Matatof

Gary S. Moriwaki

Peter L. Klausner

Jon H. Grouf

Peter Alan Hardy

Avron I. Brog

Eugenia A. Montemarano

Kenneth Michael Davidson

Kenneth Michael Davidson

Daniel L. Kesten

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LEGAL TERMS

HEIR AT LAW

LAPSE

IN TERROREM

PREDECEASED SPOUSE

DISCHARGE (OF PROBATE ADMINISTRATOR)

CERTIFICATION OF TRUST

SPECIAL ADMINISTRATOR

MARITAL LIFE ESTATE TRUST

EXEMPTION TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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