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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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Jeffrey Edmond McMorris

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

Jeff is a native of Washington County and was born and raised in Greenwich, New York. He graduated from Greenwich High School and Colgate University. ... (more)

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CONTACT

800-279-8510

9 Broad St, Glens Falls, NY 12801

Daniel James Hogan

Accident & Injury, Estate, Lawsuit & Dispute, Real Estate, Divorce

Status: In Good Standing

CONTACT

288 Glen Street, Glens Falls, NY 12801

Dennis J O'Connor

Estate, Wills & Probate, Trusts, Medicare & Medicaid

Status: In Good Standing

CONTACT

288 Glen Street, Glens Falls, NY 12801

Jeremiah Wood

Farms, Estate Administration, Divorce, Child Support

Status: In Good Standing

CONTACT

8 Fremont Street, Gloversville, NY 12078

Alan Charles Rosenthal Rhodes

Commercial Real Estate, Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 63 Years

CONTACT

1 Washington St, Glens Falls, NY 12801

Alan R. Rhodes

Corporate, International Tax, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

1 Washington St, Glens Falls, NY 12801

Alisa M. Dalton

Landlord-Tenant, Lawsuit, Immigration, Wills & Probate

Status: In Good Standing Licensed: 38 Years

CONTACT

112 Spring St, Saratoga Springs, NY 12866

Amanda Lynn Rose

Estate, Divorce & Family Law, Criminal, Civil & Human Rights

Status: In Good Standing Licensed: 13 Years

CONTACT

185 5Th Ave, Gloversville, NY 12078

Ann Marie Sharpe

Estate, Civil & Human Rights

Status: In Good Standing Licensed: 30 Years

CONTACT

990 State Route 67, Ballston Lake, NY 12020

Ann M. Sharpe

Health Care Other, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

990 State Route 67, Ballston Lake, NY 12020

800-923-0641

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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).

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.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

CREDIT SHELTER TRUST

See AB trust.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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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Speculator Estate Lawyer, New York

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Ballon Stoll PC

SPONSORED LAWYERS

Jeffrey Edmond McMorris

Daniel James Hogan

Dennis J O'Connor

Jeremiah Wood

Alan Charles Rosenthal Rhodes

Alan R. Rhodes

Alisa M. Dalton

Amanda Lynn Rose

Ann Marie Sharpe

Ann M. Sharpe

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LEGAL TERMS

CONTINGENT BENEFICIARY

GRANTOR RETAINED INCOME TRUST

AUGMENTED ESTATE

AB TRUST

QTIP TRUST

LIFE BENEFICIARY

LETTERS TESTAMENTARY

CREDIT SHELTER TRUST

FAMILY ALLOWANCE

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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