Arkville 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
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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

Jacqueline L Heubach

Social Security -- Disability, State and Local, Estate Planning, Workers' Compensation

Status:

FREE CONSULTATION

CONTACT

115 Green Street, Kingston, NY 12401

Michel P. Haggerty

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status:

CONTACT

6367 Mill Street, Rhinebeck, NY 12572

Gerald A. Vergilis

Commercial Real Estate, Estate Planning, Criminal, Corporate

Status:

FREE CONSULTATION

CONTACT

1136 Route 9, Wappingers Falls, NY 12590

Donald Austin Odell

Commercial Real Estate, Estate Planning

Status: Licensed: 65 Years

CONTACT

12 Armstrong Rd, Arkville, NY 12406

Theodore Richard Rogowski

Status: Licensed: 67 Years

CONTACT

1924 Beaverkill Rd, Livingston Manor, NY 12758

Norman Kellar

Municipal, Estate Planning, Commercial Real Estate, Environmental Law Other

Status: Licensed: 85 Years

CONTACT

14 Pearl St, Kingston, NY 12401

James M. Wagman

Traffic, Estate Planning, Divorce & Family Law, Criminal, Motor Vehicle

Status: Licensed: 41 Years

CONTACT

Catskill, NY 12414

Karen Tobias

Estate Administration, Wills & Probate, Estate Planning, Elder Law

Status: Licensed: 33 Years

CONTACT

37 W Market St, Rhinebeck, NY 12572

Timothy Johnson

Landlord-Tenant, Elder Law, Estate Planning, Business

Status:

CONTACT

203 Main Street, Cooperstown, NY 13326

Steven Howard Klein

Divorce & Family Law, Child Custody, Child Support, Estate Planning

Status: Licensed: 27 Years

CONTACT

40 Garden Street, Poughkeepsie, NY 12601

800-814-6700

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LEGAL TERMS

KINDRED

Under some state's probate codes, all relatives of a deceased person.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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

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

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

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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Arkville Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Jacqueline L Heubach

Michel P. Haggerty

Gerald A. Vergilis

Donald Austin Odell

Theodore Richard Rogowski

Norman Kellar

James M. Wagman

Karen Tobias

Timothy Johnson

Steven Howard Klein

TIPS

LEGAL TERMS

KINDRED

ANCILLARY PROBATE

CONTINGENT BENEFICIARY

GRANTOR

DOWER AND CURTESY

RESIDUARY BENEFICIARY

PROPERTY CONTROL TRUST

DEATH TAXES

LAPSE

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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