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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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Michael J Thomas

Commercial Real Estate, Federal Appellate Practice, Gift Taxation, Business

Status: In Good Standing Licensed: 11 Years

CONTACT

6104 Crownpoint Dr Ne, Rio Rancho, NM 87144

Michael M. Rueckhaus

General Practice

Status: In Good Standing

CONTACT

920 Salt Cedar Ct, Bernalillo, NM 87004

Paul Livingston

Landlord-Tenant, Wills & Probate, Divorce & Family Law, Consumer Protection

Status: In Good Standing

CONTACT

Placitas, NM 87043

Julia Mandeville Damasco

Litigation, International Tax, Gift Taxation, Administrative Law

Status: In Good Standing Licensed: 39 Years

CONTACT

11 Luz Del Dia, Santa Fe, NM 87506

Reynold E. Romero

Corporate, Business & Trade, Family Law, Estate Planning

Status: In Good Standing

CONTACT

6312 Calle Zanate, Santa Fe, NM 87507

Mark N. Fitzgerald

Entertainment, Patent, Commercial Real Estate, Wills

Status: Inactive

CONTACT

2608 La Luz Cir NE, Rio Rancho, NM 87144

Thomas Paul Cook

General Practice

Status: Inactive Licensed: 46 Years

CONTACT

10 Avenida Malaguena, Santa Fe, NM 87506

Susan Marie Lyons

Tax, International, Gift Taxation

Status: In Good Standing Licensed: 43 Years

CONTACT

57 Via Pampa, Santa Fe, NM 87506

William Patrick Martin

Wills, Estate

Status: Inactive Licensed: 41 Years

CONTACT

6301 Vatapa Rd Ne, Rio Rancho, NM 87144

Willard H. Davis

General Practice

Status: In Good Standing

CONTACT

1624 Mallard Ct Ne, Rio Rancho, NM 87144

800-923-0641

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LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

CURATOR

See conservator.

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.

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.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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Kewa Estate Lawyer, New Mexico, page 2

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Michael J Thomas

Michael M. Rueckhaus

Paul Livingston

Julia Mandeville Damasco

Reynold E. Romero

Mark N. Fitzgerald

Thomas Paul Cook

Susan Marie Lyons

William Patrick Martin

Willard H. Davis

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LEGAL TERMS

NONPROBATE

ABSTRACT OF TRUST

FINAL BENEFICIARY

FUNDING A TRUST

SUCCESSOR TRUSTEE

CURATOR

DOWER AND CURTESY

GENERATION-SKIPPING TRANSFER TAX

SPECIFIC BEQUEST

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