Mastic Estate Lawyer, New York

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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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Rocco V. Pesce

Real Estate, Government, Estate, Criminal

Status: In Good Standing Licensed: 50 Years

CONTACT

1135 Montauk Highway, Mastic, NY 11950

Kristin Church

Real Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 23 Years

CONTACT

18 Railroad Avenue, Center Moriches, NY 11934

Rachael Claire Davey

Residential Real Estate, Wills & Probate, Land Use & Zoning, Felony

Status: In Good Standing Licensed: 13 Years

CONTACT

220 Main Street, Center Moriches, NY 11934

Joseph W. Mcheffey

Commercial Real Estate, Real Estate, Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

220 Main St, Center Moriches, NY 11934

John Edward Messinetti

Traffic, Estate Planning, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

210 William Floyd Pkwy, Shirley, NY 11967

John Edward Messinetti

Traffic, Estate Planning, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

210 William Floyd Pkwy, Shirley, NY 11967

Raymond W. Batt

Litigation, Wills & Probate, Divorce & Family Law, Household Mold

Status: In Good Standing Licensed: 66 Years

CONTACT

210 William Floyd Pkwy, Shirley, NY 11967

Elsie Acevedo

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

Status: In Good Standing Licensed: 34 Years

CONTACT

111 Main St, Center Moriches, NY 11934

Bruce Thomas Wallace

Real Estate, Estate

Status: In Good Standing Licensed: 57 Years

CONTACT

15 Edgar Ave, Brookhaven, NY 11719

Jerrold Benowitz

Real Estate, Estate, Business

Status: In Good Standing Licensed: 62 Years

CONTACT

196 Belleview Ave, Center Moriches, NY 11934

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.'

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

SURROGATE COURT

See probate court.

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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Mastic Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Rocco V. Pesce

Kristin Church

Rachael Claire Davey

Joseph W. Mcheffey

John Edward Messinetti

John Edward Messinetti

Raymond W. Batt

Elsie Acevedo

Bruce Thomas Wallace

Jerrold Benowitz

TIPS

LEGAL TERMS

AB TRUST

INVESTOR

HEIR APPARENT

TRUSTEE

QDOT TRUST

POUR-OVER WILL

BEQUEATH

GRANTOR RETAINED INCOME TRUST

SURROGATE COURT

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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