Rio Comm Wills & Probate Lawyer, New Mexico, page 3

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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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Includes: Estate Administration, Living Wills, Wills

David Ray Rosales

Estate, Wills & Probate

Licensed: 31 Years

FREE CONSULTATION

CONTACT

1601 Randolph Rd., SE, Albuquerque, NM 87106

Deborah E. Mann

Education, Health Care, Government Agencies, Wills & Probate, Business

Status:

CONTACT

100 Sun Ave NE, Albuquerque, NM 87109

Deborah R. Goncalves

Commercial Real Estate, Wills, Estate, Elder Law

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2424 Louisiana Blvd Ne, Albuquerque, NM 87110

Donald E. Swaim

Wills, Gift Taxation, Estate Planning, Business & Trade

Status:

CONTACT

4830 Juan Tabo Blvd Ne, Albuquerque, NM 87111

Edward J. Roibal

Commercial Real Estate, Landlord-Tenant, Wills, Estate

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CONTACT

Albuquerque, NM 87197

Elizabeth Valentine Han

Divorce & Family Law, Family Law, Children's Rights, Criminal, Wills

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CONTACT

2601 Wyoming Blvd NE, Albuquerque, NM 87111

Erika Lorraine Friis Baylor

Wills, Clean Air Practice, Family Law, Elder Law

Status:

CONTACT

4801 Lang St Ne, Albuquerque, NM 87109

Erin N. D. Black

Estate Planning, Estate, Wills

Status: Licensed: 29 Years

CONTACT

9212 Canyon Sage Dr Ne, Albuquerque, NM 87113

Evan Spain Hobbs

Corporate, Commercial Real Estate, Wills, Business & Trade

Status:

CONTACT

7105 Grange Ave Nw, Albuquerque, NM 87120

Gaelle D. Mcconnell

Commercial Real Estate, Wills, Estate Planning, Estate, Elder Law

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CONTACT

6100 Indian School Rd Ne, Albuquerque, NM 87110

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LEGAL TERMS

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

CURATOR

See conservator.

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

SAMPLE LEGAL CASES

Karpien v. Karpien

... 4-20 (1993) is controlling, that marital property and debt covered by Section 40-4-20 is divided and distributed according to New Mexico domestic relations law, that debt incurred after the death of the decedent spouse is separate debt to be dealt with through probate, and that ...

Oldham v. Oldham

... {1} This case requires us to interpret and harmonize potentially conflicting provisions within our domestic relations, probate, and trust ... {6} After Husband's death, Son filed an application in the probate court for informal appointment as personal representative of Husband's estate. ...

Oldham v. Oldham

... Accordingly, we reverse and remand for the appointment of someone other than Wife as a substitute personal representative or administrator to complete the pending divorce proceedings pursuant to Section 40-4-20(B) before continuing the probate proceedings. ...

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Rio Comm Wills & Probate Lawyer, New Mexico, page 3

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

David Ray Rosales

Deborah E. Mann

Deborah R. Goncalves

Donald E. Swaim

Edward J. Roibal

Elizabeth Valentine Han

Erika Lorraine Friis Baylor

Erin N. D. Black

Evan Spain Hobbs

Gaelle D. Mcconnell

TIPS

LEGAL TERMS

TRUST CORPUS

CERTIFIED COPY

NET ESTATE

ESTATE TAXES

PERSONAL PROPERTY

PROBATE COURT

CURATOR

SPENDTHRIFT TRUST

REMAINDERMAN

SAMPLE LEGAL CASES

Karpien v. Karpien

Oldham v. Oldham

Oldham v. Oldham

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