Alcove Trusts Lawyer, New York, page 2

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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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Myles Brandon Fischer

Estate, Civil & Human Rights, Trusts, International Tax

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CONTACT

677 Broadway, Albany, NY 12207

Kathleen Anne Dipaola

Housing & Urban Development, Estate Administration, Trusts, Adoption

Status: Licensed: 15 Years

CONTACT

126 State Street, Albany, NY 12207

Graig Frank Zappia

Landlord-Tenant, Traffic, Trusts, Employee Rights

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CONTACT

54 State St, Albany, NY 12207

Julieann Calareso

Elder Law, Wills & Probate, Trusts, Estate Planning

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CONTACT

255 Washington Ave, Albany, NY 12205

Robert Samuel Reynolds

International, Trusts, Estate

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20 Corporate Woods Blvd, Albany, NY 12211

Eileen Margaret Groark

Government Contract, Trusts, Natural Resources, Employee Rights, Banking & Finance

Status: Licensed: 30 Years

CONTACT

54 State St, Albany, NY 12207

Francis G. Hoare

Commercial Real Estate, Elder Law, Trusts, Military

Status: Licensed: 39 Years

CONTACT

99 Pine St, Albany, NY 12207

Karen Mary Martino

Trusts, Life & Health, Non-profit, Business Successions, Transactions

Status: Licensed: 48 Years

CONTACT

54 State St, Albany, NY 12207

Michael Joseph Hannah

Real Estate, International Tax, International, Trusts

Status: Licensed: 47 Years

CONTACT

500 New Karner Road, Albany, NY 12212

Walter Burke

Tax, Public Finance, Trusts, Pension & Benefits

Status: Licensed: 46 Years

CONTACT

255 Washington Avenue Ext, Albany, NY 12205

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LEGAL TERMS

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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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Alcove Trusts Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Myles Brandon Fischer

Kathleen Anne Dipaola

Graig Frank Zappia

Julieann Calareso

Robert Samuel Reynolds

Eileen Margaret Groark

Francis G. Hoare

Karen Mary Martino

Michael Joseph Hannah

Walter Burke

TIPS

LEGAL TERMS

QTIP TRUST

GRANTOR

SELF-PROVING WILL

INTESTATE

EXECUTOR

INVESTOR

LAPSE

CONSERVATOR

NET ESTATE

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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