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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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Sarah Van Cott

✓ VERIFIED

Divorce & Family Law, Civil Rights, Family Law, Estate Planning, Personal Injury

Sarah Van Cott began practicing law in Alamogordo, NM, at a small civil practice where she managed cases including wills and trusts, personal injury, ... (more)

CONTACT

575-209-5879

606 N. Mesquite Street, Las Cruces, NM 88001

John D. Wheeler

Gaming & Alcohol, Estate Planning, Life & Health, Corporate

Status: In Good Standing

CONTACT

Alamogordo, NM 88311

Spencer Bert Atkins

Criminal, Corporate, Estate Planning, Children's Rights, DUI-DWI

Status: In Good Standing

CONTACT

Alamogordo, NM 88311

Lisa K. Durrett

Mediation, Estate Planning, Insurance, Personal Injury

Status: In Good Standing

CONTACT

Alamogordo, NM 88311

Robert Marvin Doughty

Mediation, Estate Planning, Family Law, Corporate

Status: Inactive

CONTACT

Alamogordo, NM 88311

Samuel Thomas Overstreet

General Practice

Status: In Good Standing

CONTACT

1011 New York Ave, Alamogordo, NM 88310

John R. Hakanson

Landlord-Tenant, Mediation, Estate Planning, Corporate

Status: Suspended

CONTACT

307 E 11Th St, Alamogordo, NM 88310

Mark W. Whorton

Personal Injury, Landlord-Tenant, Family Law, Estate Planning, Insurance

Status: In Good Standing

CONTACT

1200 Indiana Ave, Alamogordo, NM 88310

Alexandra J. Bobbit

General Practice

Status: In Good Standing

CONTACT

508 Mechem Dr, Ruidoso, NM 88345

H John Underwood

Corporate, Personal Injury, Family Law, Estate Planning

Status: In Good Standing

CONTACT

1221 Mechem Dr, Ruidoso, NM 88345

800-923-0641

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LEGAL TERMS

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

INTER VIVOS TRUST

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

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.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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Holloman Air Force Base Estate Lawyer, New Mexico

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Sarah Van Cott

John D. Wheeler

Spencer Bert Atkins

Lisa K. Durrett

Robert Marvin Doughty

Samuel Thomas Overstreet

John R. Hakanson

Mark W. Whorton

Alexandra J. Bobbit

H John Underwood

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

TESTAMENTARY TRUST

ESTATE TAXES

DISCHARGE (OF PROBATE ADMINISTRATOR)

RESIDUARY BENEFICIARY

EXECUTOR

INTER VIVOS TRUST

GENERATION-SKIPPING TRANSFER TAX

TRUSTEE

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