Ardsley 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

Susan B. Slater-Jansen

Estate, Estate Planning, Trusts, Wills & Probate

Status: Licensed: 44 Years

FREE CONSULTATION

CONTACT

399 Knollwood Road, White Plains, NY 10603

Katherine A. Lynch

Condominiums, Litigation, Estate Planning, Guardianships & Conservatorships, Real Estate

Status: Licensed: 25 Years

CONTACT

1 Barker Ave, White Plains, NY 10601

Dennis T. Doyle

Real Estate, Estate Planning, Family Law, Personal Injury, Lawsuit & Dispute

Status: Licensed: 56 Years

CONTACT

1 Barker Ave, White Plains, NY 10601

Giulia Frasca

Civil Rights, Environmental Law, Estate Planning, Family Law

Status:

CONTACT

90 North Broadway, Irvington, NY 10533

Louis J Maggiotto

Estate Planning, Employment, Corporate, Antitrust, Real Estate

Status: Licensed: 51 Years

CONTACT

111 Kraft Ave, Bronxville, NY 10708

Corey B. Rabin

Real Estate, Estate Planning

Status:

CONTACT

44 Church St, White Plains, NY 10601

Anthony J. Enea

Nursing Home, Estate Planning, Guardianships & Conservatorships, Elder Law

Status:

CONTACT

245 Main Street, White Plains, NY 10601

Marianne L. Sussman

Commercial Real Estate, Litigation, Estate Planning, Guardianships & Conservatorships

Status: Licensed: 45 Years

CONTACT

222 Bloomingdale Rd, White Plains, NY 10605

Michael J. Riolo

Elder Law, Estate Planning, Trusts, Estate

Status:

CONTACT

399 Knollwood Road, White Plains, NY 10603

Michael A. Marinaccio

Corporate, Criminal, Estate Planning, Personal Injury

Status: Licensed: 48 Years

CONTACT

245 Main St, White Plains, NY 10601

800-814-6700

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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.

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.

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.'

CREDIT SHELTER TRUST

See AB trust.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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).

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Susan B. Slater-Jansen

Katherine A. Lynch

Dennis T. Doyle

Giulia Frasca

Louis J Maggiotto

Corey B. Rabin

Anthony J. Enea

Marianne L. Sussman

Michael J. Riolo

Michael A. Marinaccio

TIPS

LEGAL TERMS

AB TRUST

SELF-PROVING WILL

REAL ESTATE AGENT

DEVISEE

BEQUEATH

CREDIT SHELTER TRUST

HOLOGRAPHIC WILL

GRANTOR RETAINED INCOME TRUST

WARRANTY DEED

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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PRACTICE AREAS 30

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