Springwater Trusts 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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Judy M. Overholt

Wills, Wills & Probate, Trusts, Contract

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160 Linden Oaks Drive, Rochester, NY 14625

Jacqueline A. Constantino

Wills & Probate, Trusts, Estate Planning, Estate

Status:

CONTACT

3380 Monroe Avenue, Rochester, NY 14618

Molly Sanders

General Practice

Status: Licensed: 14 Years

CONTACT

7965 Caswell Rd, Byron, NY 14422

Kathleen Bridget Barry

Real Estate, Class Action, Trusts, Antitrust

Status: Licensed: 24 Years

CONTACT

1 Riverfront Plaza, Corning, NY 14831

Todd W. Gustafson

Estate Planning, Trusts, Estate Administration, Litigation, Education

Status: Licensed: 27 Years

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340 Packetts Landing, Fairport, NY 14450

Howard Eric Berger

Trusts, Employee Rights, Corporate, Personal Injury, Construction

Status: Licensed: 44 Years

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3365 Avon Geneseo Rd, Geneseo, NY 14454

Natalie Ann Kanellis

Trusts, Employment Discrimination, Family Law, Construction, Lawsuit & Dispute

Status: Licensed: 42 Years

CONTACT

223 Nursery Ave, Geneva, NY 14456

David Christopher Sieling

Personal Injury, Trusts, Litigation, Estate

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29 W Main St, Honeoye Falls, NY 14472

Heidi W. Feinberg

Trusts, Estate Planning, Elder Law

Status: Licensed: 23 Years

CONTACT

3407 Rochester Rd, Lakeville, NY 14480

Christine Carol Lachnicht

Commercial Real Estate, Trusts, Corporate, Banking & Finance

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634 South Main Street, Newark, NY 14513

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LEGAL TERMS

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

INTER VIVOS TRUST

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

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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Springwater Trusts Lawyer, New York

Sponsored Law Firm

Ballon Stoll PC

SPONSORED LAWYERS

Judy M. Overholt

Jacqueline A. Constantino

Molly Sanders

Kathleen Bridget Barry

Todd W. Gustafson

Howard Eric Berger

Natalie Ann Kanellis

David Christopher Sieling

Heidi W. Feinberg

Christine Carol Lachnicht

TIPS

LEGAL TERMS

TRUST DEED

SWEARING MATCH

INVESTOR

INTER VIVOS TRUST

QDOT TRUST

ABATEMENT

CHARITABLE TRUST

ESTATE TAXES

SUMMARY PROBATE

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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