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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 T. Garrett

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Accident & Injury, Criminal, Divorce & Family Law, Estate, Immigration

I am a trial lawyer whose practice focuses on general litigation and appeals arising from wrongful death, medical malpractice, catastrophic injuries, ... (more)

CONTACT

800-690-8250

920 N Main St, Clovis, NM 88101

Sandra E. Gallagher

Family Law, Juvenile Law, Commercial Real Estate, Wills

Status: In Good Standing

CONTACT

209 S Main St, Portales, NM 88130

James F Burns Rl Est

Corporate, Trusts, Real Estate

Status: In Good Standing

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420 Mitchell St, Clovis, NM 88101

Robert Brack

Real Estate, Litigation, Estate Planning, Wills & Probate

Status: Inactive Licensed: 47 Years

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217 W 4Th St, Clovis, NM 88101

Edwin B. Tatum

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing

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921 East 21St Street, Clovis, NM 88101

Kathleen M. Haynes Burns

Trusts, Gift Taxation, Estate, Business

Status: In Good Standing

CONTACT

501 Commerce Way, Clovis, NM 88101

R. Max Best

Commercial Real Estate, Wills, Elder Law, Business & Trade

Status: In Good Standing

CONTACT

908 Colonial Pkwy, Clovis, NM 88101

R. Max Best

Commercial Real Estate, Wills, Elder Law, Business & Trade

Status: In Good Standing

CONTACT

908 Colonial Pkwy, Clovis, NM 88101

R Best

Business & Trade, Corporate, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

908 Colonial Pkwy, Clovis, NM 88101

Edwin B. Tatum

Commercial Real Estate, Wills, Elder Law, Business & Trade

Status: In Good Standing

CONTACT

Clovis, NM 88102

800-923-0641

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LEGAL TERMS

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.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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Elida Estate Lawyer, New Mexico

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Michael T. Garrett

Sandra E. Gallagher

James F Burns Rl Est

Robert Brack

Edwin B. Tatum

Kathleen M. Haynes Burns

R. Max Best

R. Max Best

R Best

Edwin B. Tatum

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LEGAL TERMS

DISCHARGE (OF PROBATE ADMINISTRATOR)

SPECIAL ADMINISTRATOR

RESIDUARY ESTATE

CHARITABLE TRUST

AB TRUST

MARITAL LIFE ESTATE TRUST

RULE AGAINST PERPETUITIES

SPRINKLING TRUST

INVENTORY

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