Hughsonville Trusts Lawyer, New York

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Robert Klipstein
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Ballon Stoll PC
810 7th Ave Suite 405 New York, NY 10019» view map
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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
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Leo Mcgrath

Estate Planning, Trusts

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CONTACT

1436 Route 52 Fishkill,., Fishkill, NY 12524

Daniel R. Miller

Real Estate, Litigation, Trusts, Bankruptcy & Debt

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Fishkill, NY 12524

Paul B. Supple

Commercial Real Estate, Wills, Estate, Business, Trusts

Status: Licensed: 36 Years

CONTACT

5 Cliff St, Beacon, NY 12508

Maura A Barrett

Tax, Real Estate, Wills & Probate, Trusts

Status: Licensed: 30 Years

CONTACT

17 Collegeview Ave, Poughkeepsie, NY 12603

Robert B. Dietz

Wills & Probate, Trusts, Estate Planning, Business Organization, Real Estate

Status: Licensed: 57 Years

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319 Mill St, Poughkeepsie, NY 12601

Thomas Edward Dietz

Real Estate, Trusts, Estate Planning, Family Law

Status: Licensed: 31 Years

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50 Market St, Poughkeepsie, NY 12601

Perry Satz

Real Estate, Criminal, Family Law, Trusts

Status: Licensed: 67 Years

CONTACT

154 Academy St, Poughkeepsie, NY 12601

Daniel F. Sullivan

Real Estate, Trusts, Employment Discrimination, Banking & Finance

Status: Licensed: 34 Years

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1 Corwin Ct, Newburgh, NY 12550

George F. Stradar

Business, Estate Planning, Corporate, Real Estate, Trusts

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One Corwin Ct, Newburgh, NY 12550

Elizabeth A. Stradar

Business, Estate Planning, Corporate, Real Estate, Trusts

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One Corwin Court, Newburgh, NY 12550

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LEGAL TERMS

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).

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

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.'

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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Hughsonville Trusts Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Leo Mcgrath

Daniel R. Miller

Paul B. Supple

Maura A Barrett

Robert B. Dietz

Thomas Edward Dietz

Perry Satz

Daniel F. Sullivan

George F. Stradar

Elizabeth A. Stradar

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

HEIR AT LAW

INHERIT

BANKRUPTCY ESTATE

WILL

DISTRIBUTEE

GRANT DEED

AB TRUST

PRETERMITTED HEIR

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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