Mecklenburg Estate 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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Jessica Saks

Litigation, Estate, Divorce & Family Law, Criminal

Status:

FREE CONSULTATION

CONTACT

3333 County Road 30, Watkins Glen, NY 14891

Charles Oliver Wolff

Real Estate, Estate, Criminal

Status:

CONTACT

6214 Podunk Rd, Trumansburg, NY 14886

Eugenia Brennan Heslin

Real Estate, Lawsuit & Dispute, Estate, Criminal

Status: Licensed: 42 Years

CONTACT

3700 La Bourgade Ln, Burdett, NY 14818

Sandra Kay Bickel

Wills & Probate

Status: Licensed: 42 Years

CONTACT

801 W Buffalo St, Ithaca, NY 14850

Deborah Stephanie Surden Katz

Trusts, Estate, Divorce, Divorce & Family Law, Child Support

Status: Licensed: 17 Years

CONTACT

531 Esty St, Ithaca, NY 14850

Diane Vargo Bruns

Foreclosure, Estate, Employment, Divorce & Family Law

Status: Licensed: 32 Years

CONTACT

200 E Buffalo St, Ithaca, NY 14850

Karen Silverstein

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 42 Years

CONTACT

Ithaca, NY 14852

Marilyn Tebor Shaw

Other, Estate, Civil & Human Rights

Status:

CONTACT

224 Bryant Ave, Ithaca, NY 14850

Natanya Elia Deweese

Traffic, Wills & Probate, Child Support, Contract

Status: Licensed: 12 Years

CONTACT

109 E Seneca St, Ithaca, NY 14850

Mary Beth Lyon

Lawsuit & Dispute, Estate, Child Custody, Car Accident, Patent

Status: Licensed: 30 Years

CONTACT

133 Hughes Hall, Ithaca, NY 14853

800-814-6700

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LEGAL TERMS

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

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.

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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Mecklenburg Estate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Jessica Saks

Charles Oliver Wolff

Eugenia Brennan Heslin

Sandra Kay Bickel

Deborah Stephanie Surden Katz

Diane Vargo Bruns

Karen Silverstein

Marilyn Tebor Shaw

Natanya Elia Deweese

Mary Beth Lyon

TIPS

LEGAL TERMS

MARITAL LIFE ESTATE TRUST

FINAL BENEFICIARY

RESIDUARY ESTATE

SPECIFIC BEQUEST

INTESTATE SUCCESSION

PREDECEASED SPOUSE

AUGMENTED ESTATE

IN TERROREM

CONTINGENT BENEFICIARY

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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