Ridgewood Estate Planning Lawyer, New York, page 5

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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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2. Email
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Includes: Gift Taxation

Stephen J. Singer

Criminal, Estate Planning, Family Law, Real Estate

Status:

CONTACT

125-10 Queens Blvd, Kew Gardens, NY 11415

Valerie A. Burg

Gift Taxation, Estate Administration, Wills & Probate, Trusts

Status:

CONTACT

225 Broadway, New York, NY 10007

William J. Cortellessa

Estate Planning, Consumer Protection, Corporate, Collection

Status:

FREE CONSULTATION

CONTACT

292 Madison Avenue, New York, NY 10017

Abraham Reading Vandoren

Education, Landlord-Tenant, Estate Planning, Pension & Benefits

Status: Licensed: 66 Years

CONTACT

10 Rockefeller Plaza, New York, NY 10020

Abraham Leib Zylberberg

Estate Planning, Commercial Banks, Banking & Finance, Bankruptcy & Debt

Status: Licensed: 51 Years

CONTACT

1155 Avenue Of The Americas, New York, NY 10036

Ada Wai Jar Chan

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

Status: Licensed: 13 Years

CONTACT

40 Wall St, New York, NY 10005

Adam Plotkin

Litigation, Estate Planning, Merger & Acquisition, Banking & Finance

Status: Licensed: 9 Years

CONTACT

300 W 57Th St, New York, NY 10019

Adam Alexander Gressa

Commercial Real Estate, Estate Planning, Trusts

Status: Licensed: 14 Years

CONTACT

630 5Th Ave, New York, NY 10111

Adelfa Ann Lugo

Gift Taxation, Estate

Status: Licensed: 48 Years

CONTACT

942 Burke Ave, Bronx, NY 10469

Adnan Islam

Tax, Gift Taxation

Status: Licensed: 19 Years

CONTACT

730 3Rd Ave, New York, NY 10017

800-814-6700

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LEGAL TERMS

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

INTER VIVOS TRUST

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

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Ridgewood Estate Planning Lawyer, New York, page 5

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Stephen J. Singer

Valerie A. Burg

William J. Cortellessa

Abraham Reading Vandoren

Abraham Leib Zylberberg

Ada Wai Jar Chan

Adam Plotkin

Adam Alexander Gressa

Adelfa Ann Lugo

Adnan Islam

TIPS

LEGAL TERMS

BENEFICIARY

QTIP TRUST

INTER VIVOS TRUST

DOWER AND CURTESY

SPENDTHRIFT TRUST

INVESTOR

WILL

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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