Artesia Estate Planning Lawyer, New Mexico, page 2

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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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2. Email
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Includes: Gift Taxation

Not enough matches for Artesia Estate Planning lawyer.
Below are all Artesia lawyers.

Frank J. Connelly

General Practice

Status: Deceased Licensed: 37 Years

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Travis Ryan Steele

Commercial Real Estate, Litigation, Natural Resources, Corporate

Status: In Good Standing

CONTACT

Artesia, NM 88211

Stephen Paul Alcorn

General Practice

Status: In Good Standing Licensed: 25 Years

CONTACT

94 Gunpowder Road, Artesia, NM 88210

James G. Wilson

Products Liability, State Government, Civil Rights, Employee Rights

Status: In Good Standing

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Stephen P. Alcorn

General Practice

Status: In Good Standing Licensed: 25 Years

CONTACT

94 Gunpowder Road, Artesia, NM 88210

Ugochukwu Okwara Ubbaonu

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Viola Rhodes

Criminal

Status: In Good Standing

CONTACT

Artesia, NM 88211

Adam Hartley Greenwood

Corporate, Credit & Debt, Natural Resources, Personal Injury

Status: In Good Standing

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Ugochukwu Ubbaonu

Criminal, Immigration

Status: In Good Standing

CONTACT

1300 W Richey Ave, Artesia, NM 88210

James E. Haas

General Practice

Status: Deceased Licensed: 45 Years

CONTACT

Artesia, NM 88211

800-923-0641

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LEGAL TERMS

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

WARRANTY DEED

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

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

SAMPLE LEGAL CASES

Oldham v. Oldham

... Id. {9} We granted Wife's petition for certiorari to address two issues: (1) whether a final judgment distributing marital property pursuant to Section 40-4-20(B) revokes the governing estate planning instruments of the deceased party when the deceased party dies during the ...

Oldham v. Oldham

... A judgment or decree terminating all property rights pursuant to Section 40-4-20(B) meets the definition of a divorce pursuant to Section 45-2-804(A)(2) and is sufficient to revoke governing estate planning instruments pursuant to Section 45-2-804(B)(1)(a). ...

Artesia Estate Planning Lawyer, New Mexico, page 2

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Frank J. Connelly

Travis Ryan Steele

Stephen Paul Alcorn

James G. Wilson

Stephen P. Alcorn

Ugochukwu Okwara Ubbaonu

Viola Rhodes

Adam Hartley Greenwood

Ugochukwu Ubbaonu

James E. Haas

TIPS

LEGAL TERMS

ABATEMENT

ESTATE TAXES

TRUST DEED

BEQUEATH

RULE AGAINST PERPETUITIES

TRUST MERGER

SELF-PROVING WILL

WARRANTY DEED

TAKING AGAINST THE WILL

SAMPLE LEGAL CASES

Oldham v. Oldham

Oldham v. Oldham

Oldham v. Oldham

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