Ardsley Estate Planning 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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2. Email
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Includes: Gift Taxation

Jonathan Samuel Klein

Contract, Criminal, DUI-DWI, Estate Planning

Status: Licensed: 31 Years

CONTACT

700 White Plains Road, Scarsdale, NY 10583

Michael Lamagna

Estate Planning, Elder Law

Status: Licensed: 18 Years

CONTACT

399 Knollwood Rd, White Plains, NY 10603

Norman Sheer

Commercial Real Estate, Land Use & Zoning, Real Estate, Estate Planning

Status: Licensed: 57 Years

CONTACT

399 Knollwood Rd, White Plains, NY 10603

Susan B. Slater-Jansen

Estate, Estate Planning, Trusts, Wills & Probate

Status: Licensed: 44 Years

FREE CONSULTATION

CONTACT

399 Knollwood Road, White Plains, NY 10603

Michael J. Riolo

Elder Law, Estate Planning, Trusts, Estate

Status:

CONTACT

399 Knollwood Road, White Plains, NY 10603

Katharine W. Conroy

Commercial Real Estate, Litigation, Estate Planning

Status: Licensed: 44 Years

CONTACT

700 Post Rd, Scarsdale, NY 10583

Elizabeth Anne Douglas

Litigation, Estate Planning, Family Law, Divorce & Family Law, Pharmaceutical Product

Status:

CONTACT

50 Main St, White Plains, NY 10606

Marion M. Walsh

Education, Lawsuit & Dispute, Health Care Other, Estate Planning, Car Accident

Status: Licensed: 35 Years

CONTACT

399 Knollwood Rd, White Plains, NY 10603

Michael Richman

Commercial Real Estate, Estate Planning

Status: Licensed: 55 Years

CONTACT

305 Central Ave, White Plains, NY 10606

Wayne R. Martell

Corporate Tax, Tax, Gift Taxation, Business

Status: Licensed: 53 Years

CONTACT

5 Old Rd, Elmsford, NY 10523

800-814-6700

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LEGAL TERMS

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.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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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Ardsley Estate Planning Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Jonathan Samuel Klein

Michael Lamagna

Norman Sheer

Susan B. Slater-Jansen

Michael J. Riolo

Katharine W. Conroy

Elizabeth Anne Douglas

Marion M. Walsh

Michael Richman

Wayne R. Martell

TIPS

LEGAL TERMS

SELF-PROVING WILL

PRETERMITTED HEIR

TESTAMENTARY TRUST

ABSTRACT OF TRUST

REAL ESTATE AGENT

NONPROBATE

FAMILY ALLOWANCE

TRUSTEE

EXEMPTION TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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