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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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Arthur Goldstein

Land Use & Zoning, Litigation, Estate Planning, Family Law

Status:

FREE CONSULTATION

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18 West Carver Street, Huntington, NY 11743

Roger D. Ramme

Defamation & Slander, Estate Planning, Real Estate, Tax

Status:

FREE CONSULTATION

CONTACT

18 West Carver Street, Huntington, NY 11743

Stephen Kunken

Construction, Estate Planning, DUI-DWI, Criminal

Status: Licensed: 53 Years

CONTACT

125 Bay Dr E, Huntington, NY 11743

John Philip Graffeo

Litigation, Estate, Divorce & Family Law, Civil & Human Rights

Status: Licensed: 27 Years

CONTACT

202 East Main Street, Huntington, NY 11743

Kimberly Arlen Schechter

Foreclosure, Estate, Civil & Human Rights, Personal Injury

Status: Licensed: 19 Years

CONTACT

202 E Main St, Huntington, NY 11743

Alice Jakyung Choi

Federal Appellate Practice, Wills & Probate, Trusts, Estate Planning

Status:

CONTACT

202 E Main St, Huntington, NY 11743

Amish R. Doshi

Bankruptcy & Debt, Real Estate, Wills & Probate, Business

Status:

CONTACT

23 Green Street, Huntington, NY 11743

Bronwyn M Black

Medicare & Medicaid, Estate Planning, Guardianships & Conservatorships, Elder Law, Other

Status:

CONTACT

24 E. Carver Street, Huntington, NY 11743

Edwin F. Black

Estate Planning, Litigation, Wills & Probate, Criminal

Status:

CONTACT

151 W Carver St, Huntington, NY 11743

Robert Henry Tucker

Real Estate, Lawsuit & Dispute, Estate, Employment

Status: Licensed: 63 Years

CONTACT

16 Rosalie Pl., Commack, NY 11725

800-814-6700

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LEGAL TERMS

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

TESTAMENTARY TRUST

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

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Centerport Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Arthur Goldstein

Roger D. Ramme

Stephen Kunken

John Philip Graffeo

Kimberly Arlen Schechter

Alice Jakyung Choi

Amish R. Doshi

Bronwyn M Black

Edwin F. Black

Robert Henry Tucker

TIPS

LEGAL TERMS

QDOT TRUST

POUR-OVER WILL

ACCUMULATION TRUST

TRUST MERGER

TESTAMENTARY TRUST

OFFICER

FINAL BENEFICIARY

PER CAPITA

MINERAL RIGHTS

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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