Schenectady Estate Planning Lawyer, New York, page 2

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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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Includes: Gift Taxation

Amy Herter Robinson

Education, Immigration, Estate Planning, Wrongful Termination

Status:

CONTACT

1473 Erie Blvd, Schenectady, NY 12305

Brent Alan Frary

Litigation, Estate Planning, Family Law, Corporate

Status: Licensed: 8 Years

CONTACT

1473 Erie Blvd, Schenectady, NY 12305

Michael Robert Godlewski

Estate Planning

Status: Licensed: 16 Years

CONTACT

388 Broadway, Schenectady, NY 12305

Mark Douglas Witecki

International, Trusts, Gift Taxation, Criminal

Status: Licensed: 13 Years

CONTACT

1555 Regal Ave, Schenectady, NY 12309

Rebecca A. Borden

Intellectual Property, Estate Planning, Family Law, DUI-DWI

Status: Licensed: 26 Years

CONTACT

2340 Nott Street E, Schenectady, NY 12309

Alexandra G. Verrigni

Estate Planning, Estate, Divorce, Criminal

Status: Licensed: 32 Years

CONTACT

865 Riverview Rd, Rexford, NY 12148

Judy M. Overholt

Mediation, Estate Planning, Estate

Status: Licensed: 35 Years

CONTACT

19 St Thomas Ln, Schenectady, NY 12304

Timothy John Elliott

Real Estate, Estate Planning, Personal Injury

Status: Licensed: 32 Years

CONTACT

36 British American Blvd, Latham, NY 12110

Colleen Anne Dooley

Real Estate, Motor Vehicle, Health Care, Estate Planning, Motor Vehicle

Status: Licensed: 18 Years

CONTACT

1184 Troy Schenectady Rd, Latham, NY 12110

Arnold Jay Gitomer

General Practice

Status: Licensed: 57 Years

CONTACT

1168 70 Troy Schenectady Rd, Albany, NY 12212

800-923-0641

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

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.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

CREDIT SHELTER TRUST

See AB trust.

MARITAL LIFE ESTATE TRUST

See AB trust.

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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Schenectady Estate Planning Lawyer, New York, page 2

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Amy Herter Robinson

Brent Alan Frary

Michael Robert Godlewski

Mark Douglas Witecki

Rebecca A. Borden

Alexandra G. Verrigni

Judy M. Overholt

Timothy John Elliott

Colleen Anne Dooley

Arnold Jay Gitomer

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

FINAL BENEFICIARY

INTESTATE

ENTITY

ADMINISTRATION (OF AN ESTATE)

EXEMPTION TRUST

MINERAL RIGHTS

CREDIT SHELTER TRUST

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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PRACTICE AREAS 30

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