Blauvelt 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

Carolyn J. Strassberg

Wills & Probate, Elder Law, Estate Planning, Wills

Status:

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Lori J. Perlman

Wills & Probate, Estate Planning, Wills, Trusts

Status:

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Michelle H. Frank

Business Organization, Wills & Probate, Estate Planning, Tax

Status:

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Dennis Lawrence Stein

International, Estate Planning, Estate

Status: Licensed: 44 Years

CONTACT

2 Fraser Pl, Hastings On Hudson, NY 10706

Albert James Kaiser

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: Licensed: 40 Years

CONTACT

4 Laurel Rd, New City, NY 10956

Ira Michael Emanuel

Real Estate, Municipal, Wills & Probate, Estate Planning, Lawsuit & Dispute

Status:

CONTACT

4 Laurel Rd, New City, NY 10956

Allison Elisabeth Rich

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: Licensed: 13 Years

CONTACT

20 N Broadway, Nyack, NY 10960

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law

Status:

CONTACT

96 South Broadway, Nyack, NY 10960

Kevin F. Hobbs

Tax, Estate Planning, Elder Law, Transactions

Status:

CONTACT

96 South Broadway, Nyack, NY 10960

Brittnay Lee Wittnebel

Estate Planning, Business, Federal Appellate Practice

Status: Licensed: 9 Years

CONTACT

344 N Broadway, Nyack, NY 10960

800-814-6700

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LEGAL TERMS

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

SURROGATE COURT

See probate court.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

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.

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.

WARRANTY DEED

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

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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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Blauvelt Estate Planning Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Carolyn J. Strassberg

Lori J. Perlman

Michelle H. Frank

Dennis Lawrence Stein

Albert James Kaiser

Ira Michael Emanuel

Allison Elisabeth Rich

Albert J. Kaiser

Kevin F. Hobbs

Brittnay Lee Wittnebel

TIPS

LEGAL TERMS

IN TERROREM

PETITION

SURROGATE COURT

GROSS ESTATE

DISTRIBUTEE

TRUSTEE

QTIP TRUST

WARRANTY DEED

GENERATION-SKIPPING TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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