Northport Wills & Probate 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
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
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Includes: Estate Administration, Living Wills, Wills

Algis Anilionis

Status: Licensed: 25 Years

CONTACT

25 Whistler Hill Ln, Huntington, NY 11743

Alice Jakyung Choi

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

Status:

CONTACT

202 E Main St, Huntington, NY 11743

Jakyung Choi

Commercial Real Estate, Wills, Estate Planning

Status: Licensed: 15 Years

CONTACT

202 E Main St, Huntington, NY 11743

Kathleen Marie Daniels

Wills & Probate, Estate, Residential Real Estate

Status: Licensed: 49 Years

CONTACT

5 Wesleyan Ct, Smithtown, NY 11787

Laura Jean Coogan-Leavy

Landlord-Tenant, Wills & Probate, Divorce & Family Law, Administrative Law

Status: Licensed: 23 Years

CONTACT

70 Main St, Huntington, NY 11743

Lawrence Franklin Spirn

Real Estate, Immigration, Wills & Probate, Workers' Compensation

Status: Licensed: 55 Years

CONTACT

81 Scudder Ave, Northport, NY 11768

Mark Howard Weiss

Estate, Estate Planning, Estate Administration

Status:

CONTACT

6165 Jericho Tpke, Commack, NY 11725

Marshal Dean Shichtman

Wills, Securities, Business & Trade

Status: Licensed: 24 Years

CONTACT

49 Brookhill Ln, Huntington, NY 11743

Michael J. Sullivan

Tax Litigation, Wills & Probate, Trusts, Estate

Status:

CONTACT

202 E Main St, Huntington, NY 11743

Patricia A. O'Connor

Real Estate, Copyright, Wills & Probate, Insurance

Status: Licensed: 32 Years

CONTACT

7 Bayview Ave, Northport, NY 11768

800-814-6700

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LEGAL TERMS

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

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.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Northport Wills & Probate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Algis Anilionis

Alice Jakyung Choi

Jakyung Choi

Kathleen Marie Daniels

Laura Jean Coogan-Leavy

Lawrence Franklin Spirn

Mark Howard Weiss

Marshal Dean Shichtman

Michael J. Sullivan

Patricia A. O'Connor

TIPS

LEGAL TERMS

ALTERNATE BENEFICIARY

INTESTATE

INTER VIVOS TRUST

GENERATION-SKIPPING TRUST

LIVING TRUST

REAL ESTATE AGENT

INHERITANCE TAXES

RESIDUARY ESTATE

INHERIT

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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