Cibola County, NM Trusts Lawyers

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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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Sherry P. Thompson

State Appellate Practice, Wills, Criminal, Administrative Law, Federal

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Grants, NM 87020

Mila L Allen

Litigation, Family Law, Business, Animal Bite

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901 W US Highway 66, Grants, NM 87020

James M. Burson

Federal, Gaming & Alcohol, Municipal, Public Law, State Government

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Laguna, NM 87026

Camille Martinez-Olguin

Litigation, Personal Injury, State Government, Insurance

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310 W High St, Grants, NM 87020

Kristina L. Faught-Hollar

Divorce & Family Law, Estate, Lawsuit & Dispute

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Bluewater, NM 87005

Joseph F. Arite

Family Law, Estate Planning, Landlord-Tenant, Mediation

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Grants, NM 87020

Claire Ann Mcdaniel

Criminal

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Grants, NM 87020

Bruce Boynton

Social Security -- Disability, Federal

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Grants, NM 87020

Alisha Thompson

General Practice

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Laguna, NM 87026

Tammi M. Lambert

Business & Trade, Corporate, Constitutional Law, Civil Rights

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Laguna, NM 87026

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LEGAL TERMS

CURATOR

See conservator.

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

FAMILY POT TRUST

See pot trust.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SAMPLE LEGAL CASES

In the Matter of Stein

... Upon the filing of the petition, the court appointed Richard Reidy as guardian ad litem for Bruce. {4} At the time of the filing of the petition in the guardianship case, there were two trusts in existence that were created by Bruce. ...

IN RE CABLE FAMILY TRUST JUNE 10, 1987

... Grantors reserve the right at any time or times to amend or revoke this instrument and the trusts hereunder, in whole or in part, by an instrument or instruments in writing, signed by Grantors and delivered in Grantors' lifetimes to Trustee; provided, however, that no such alteration ...

Mintz v. Zoernig

... While the original stipulated order states that Mother "has had substantial income and the children have trusts set up for their financial needs," no supporting data detailing her income was entered into the record at that time. ...

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Cibola County, NM Trusts Lawyers

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Sherry P. Thompson

Mila L Allen

James M. Burson

Camille Martinez-Olguin

Kristina L. Faught-Hollar

Joseph F. Arite

Claire Ann Mcdaniel

Bruce Boynton

Alisha Thompson

Tammi M. Lambert

TIPS

LEGAL TERMS

CURATOR

FINAL BENEFICIARY

SPENDTHRIFT TRUST

HEIR APPARENT

ALTERNATE BENEFICIARY

GRANTOR

FAMILY POT TRUST

INTESTATE

QTIP TRUST

SAMPLE LEGAL CASES

In the Matter of Stein

IN RE CABLE FAMILY TRUST JUNE 10, 1987

Mintz v. Zoernig

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