Old Chatham 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
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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
  Counselors At Law
3. Practice AreasExpertise
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Includes: Estate Administration, Living Wills, Wills

Janet M. Thayer

Commercial Real Estate, Estate Administration, Elder Law, Business Organization

Status:

CONTACT

226 Great Oaks Boulevard, Albany, NY 12203

Scott Lukowski

Family Law, Wills & Probate, Corporate, Wills

Status:

FREE CONSULTATION

CONTACT

20 Corporate Woods Boulevard, Albany, NY 12211

Malcolm Alexander Mcpherson

Litigation, Commercial Real Estate, Wills

Status:

CONTACT

17 Old Route 66, Averill Park, NY 12018

William L. Fox

Real Estate, Trusts, Family Law, Wills & Probate

Status: Licensed: 49 Years

CONTACT

4 Springhurst Dr, East Greenbush, NY 12061

Susan Carroll Picotte

Wills & Probate, Elder Law, Constitutional Law, Business Organization, Employment

Status: Licensed: 45 Years

CONTACT

39 N Pearl St, Albany, NY 12207

Michael A. Kornstein

Wills, Wills & Probate, Corporate, Banking & Finance, Landlord-Tenant

Status: Licensed: 47 Years

CONTACT

39 N Pearl St, Albany, NY 12207

Mark S. Jordan

Personal Injury, DUI-DWI, Traffic, Wills & Probate

Status:

CONTACT

318 Delaware Avenue, Delmar, NY 12054

Anne-Jo Pennock McTague

Estate Administration, Employment Discrimination, Discrimination, Personal Injury

Status: Licensed: 24 Years

CONTACT

6 Tower Place, Albany, NY 12203

Julieann Calareso

Elder Law, Wills & Probate, Trusts, Estate Planning

Status:

CONTACT

255 Washington Ave, Albany, NY 12205

Stephen R. Markovits

International Tax, Corporate, Estate Planning, Estate Administration

Status:

CONTACT

52 Corporate Circle, Albany, NY 12203

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LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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.

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that 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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Old Chatham Wills & Probate Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Janet M. Thayer

Scott Lukowski

Malcolm Alexander Mcpherson

William L. Fox

Susan Carroll Picotte

Michael A. Kornstein

Mark S. Jordan

Anne-Jo Pennock McTague

Julieann Calareso

Stephen R. Markovits

TIPS

LEGAL TERMS

BYPASS TRUST

FAILURE OF ISSUE

ABSTRACT OF TRUST

ADMINISTRATION (OF AN ESTATE)

ALTERNATE BENEFICIARY

AB TRUST

PER STIRPES

FAMILY ALLOWANCE

HEIR APPARENT

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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