Old Westbury Estate Planning 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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Includes: Gift Taxation

James L. Iannone

Real Estate, Litigation, Estate Planning, Criminal

Status: In Good Standing

CONTACT

421 Willis Ave., Williston Park, NY 11596

Laura G Grossman

Estate Planning, Real Estate, Trusts, Wills

Status: In Good Standing

FREE CONSULTATION

CONTACT

600 Old Country Road, Room 519, Garden City, NY 11530

Michael N. Balsamo

Estate Planning, Corporate, Contract, Business Organization

Status: In Good Standing

CONTACT

1325 Franklin Avenue, Garden City, NY 11530

Jasleen Kaur Anand

Dispute Resolution, Banking & Finance, Estate Administration, Estate Planning

Status: In Good Standing

CONTACT

500 Old Country Road, Garden City, NY 11530

Steven E. Shumer

Family Law, Estate Planning, Real Estate, Divorce

Status: In Good Standing Licensed: 33 Years

CONTACT

6901 Jericho Tpke, Syosset, NY 11791

Andrew Lee Feldman

Estate Planning, Elder Law, Corporate, Banking & Finance

Status: In Good Standing Licensed: 38 Years

CONTACT

263 Mineola Blvd, Mineola, NY 11501

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

Marie Elena R. Puma

Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 33 Years

CONTACT

100 Quentin Roosevelt Blvd, Garden City, NY 11530

Ellen G. Makofsky

Estate Administration, Gift Taxation, Elder Law, Disability

Status: In Good Standing Licensed: 39 Years

CONTACT

600 Old Country Rd, Garden City, NY 11530

Louis Devito

Elder Law, Estate Planning, Guardianships & Conservatorships, Commercial Real Estate

Status: In Good Standing

CONTACT

333 Earle Ovington Boulevard, Uniondale, NY 11553

800-923-0641

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LEGAL TERMS

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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).

CERTIFICATION OF TRUST

See abstract of trust.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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

CURATOR

See conservator.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Old Westbury Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

James L. Iannone

Laura G Grossman

Michael N. Balsamo

Jasleen Kaur Anand

Steven E. Shumer

Andrew Lee Feldman

James J. Keefe

Marie Elena R. Puma

Ellen G. Makofsky

Louis Devito

TIPS

LEGAL TERMS

PER STIRPES

WILL

GRANTOR RETAINED INCOME TRUST

CERTIFICATION OF TRUST

PROBATE COURT

OFFICER

IRREVOCABLE TRUST

SPECIAL ADMINISTRATOR

CURATOR

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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