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Cristy J. Carbon-Gaul
About | Practice Areas
Law Office of Cristy J. Carbon-Gaul
10515 4th St NW Albuquerque, NM 87114» view map
Estate Law
Experience. Commitment. Results

Cristy Carbón-Gaul focuses her practice on probate and estate planning to help her clients protect their assets and provide for the future.

800-906-8861
1. Cristy J. Carbon-Gaul Albuquerque, NM
  Attorney at Law- NM
  Creighton University School of Law, J.D. 1997
2. AboutLaw Office of Cristy J. Carbon-Gaul
  Experience. Commitment. Results
3. Practice AreasExpertise
  Estate
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Melissa A. Morris

Commercial Real Estate, Landlord-Tenant, Estate Planning, Family Law

Status: In Good Standing

CONTACT

400 Gold Sw, Albuquerque, NM 87102

Elisabeth Anne Millich

Commercial Real Estate, Immigration, Wills, Estate

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Thomas H. Toevs

Corporate, Commercial Real Estate, Wills, Business & Trade

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Randolph L. Hamblin

Elder Law, Commercial Real Estate, Estate, Wills

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Rodney L. Schlagel

Commercial Real Estate, Estate, Business & Trade, Corporate

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Richard K Barlow

Commercial Real Estate, Wills, Business & Trade, Corporate

Status: In Good Standing

CONTACT

Albuquerque, NM 87103

Marjorie A. Rogers

Tax, Gift Taxation, Estate Planning, Business

Status: In Good Standing Licensed: 46 Years

CONTACT

Albuquerque, NM 87103

Richard K Barlow

Trusts, Gift Taxation, Corporate, Business

Status: In Good Standing Licensed: 56 Years

CONTACT

Albuquerque, NM 87103

Erika N. Poindexter

Estate Planning, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

106 Wellesley Dr Se, Albuquerque, NM 87106

Raymond A. Baehr

General Practice

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

800-923-0641

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LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

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.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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.

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Bosque Estate Lawyer, New Mexico, page 4

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Melissa A. Morris

Elisabeth Anne Millich

Thomas H. Toevs

Randolph L. Hamblin

Rodney L. Schlagel

Richard K Barlow

Marjorie A. Rogers

Richard K Barlow

Erika N. Poindexter

Raymond A. Baehr

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LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

ENDOWMENT INSURANCE

ESTATE TAXES

WARRANTY DEED

AUGMENTED ESTATE

ANCILLARY PROBATE

POWER OF APPOINTMENT

SECONDARY MEANING

BYPASS TRUST

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