Island Park Estate Lawyer, New York, page 2

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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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Richard Sakofsky

Tax, Real Estate, Estate, Corporate

Status: In Good Standing Licensed: 47 Years

CONTACT

100 N Centre Ave, Rockville Centre, NY 11570

Laura Mccabe Brandt

Real Estate, Estate, Employment Discrimination, Transactions

Status: In Good Standing Licensed: 28 Years

CONTACT

100 West Park Avenue, Long Beach, NY 11561

Elizabeth Anne Eckert

Corporate Tax, Tax, Gift Taxation, Civil & Human Rights

Status: In Good Standing Licensed: 16 Years

CONTACT

164 W Park Ave, Long Beach, NY 11561

Irwin M. Goldstein

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 57 Years

CONTACT

96 Margaret Ave, Lawrence, NY 11559

Barbara Ann Goglio

Elder Law, Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 37 Years

CONTACT

100 N Centre Ave, Rockville Centre, NY 11570

Charles Edwin Lapp

Power of Attorney, Real Estate, Estate, Wrongful Termination, Family Law

Status: In Good Standing

CONTACT

100 Cedarhurst Ave, Cedarhurst, NY 11516

Sidney Price

Bankruptcy & Debt, Divorce & Family Law, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 70 Years

CONTACT

729 Sherwood St, Valley Stream, NY 11581

Robert I Skoy

Estate, Real Estate, Business, Transactions

Status: In Good Standing Licensed: 58 Years

CONTACT

not listed, Freeport, NY 11520

Marvin Ringer

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

673 Colfax Pl, Valley Stream, NY 11581

Dennis Steven Berkowsky

Real Estate, Wills & Probate, Trusts, Criminal

Status: In Good Standing Licensed: 44 Years

CONTACT

68 W Park Ave, Long Beach, NY 11561

800-923-0641

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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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Island Park Estate Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Richard Sakofsky

Laura Mccabe Brandt

Elizabeth Anne Eckert

Irwin M. Goldstein

Barbara Ann Goglio

Charles Edwin Lapp

Sidney Price

Robert I Skoy

Marvin Ringer

Dennis Steven Berkowsky

TIPS

LEGAL TERMS

ESTATE TAXES

ENTITY

DISINHERIT

SELF-PROVING WILL

INHERIT

FAILURE OF ISSUE

AUGMENTED ESTATE

BEQUEATH

TRUSTEE POWERS

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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