Melrose Estate Planning Lawyer, New Mexico

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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 Melrose Estate Planning lawyer.
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Michael T. Garrett

✓ VERIFIED

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)

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800-690-8250

920 N Main St, Clovis, NM 88101

Marion Ty Rutter

Business, Estate, Real Estate

Status: In Good Standing

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1200 Mitchell St, Clovis, NM 88101

Sandra E. Gallagher

Family Law, Juvenile Law, Commercial Real Estate, Wills

Status: In Good Standing

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209 S Main St, Portales, NM 88130

James F. Mcdowell

Personal Injury, Family Law, Estate Planning, Landlord-Tenant, Insurance

Status: In Good Standing

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Clovis, NM 88102

Richard F. Rowley

Commercial Real Estate, Litigation, Wills, Estate Planning, Credit & Debt

Status: In Good Standing

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Clovis, NM 88102

R Best

Business & Trade, Corporate, Elder Law, Estate Planning

Status: In Good Standing

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908 Colonial Pkwy, 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

Kathleen M. Haynes Burns

Trusts, Gift Taxation, Estate, Business

Status: In Good Standing

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501 Commerce Way, Clovis, NM 88101

Marion Ty Rutter

Estate Planning, Landlord-Tenant, Mediation

Status: In Good Standing

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P.O. Box 370, Clovis, NM 88102

William H. Greig

General Practice

Status: In Good Standing

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117 Ernst Pl, Clovis, NM 88101

800-923-0641

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LEGAL TERMS

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

CREDIT SHELTER TRUST

See AB trust.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

GRANTOR

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

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

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.

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). ...

Melrose Estate Planning Lawyer, New Mexico

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Michael T. Garrett

Marion Ty Rutter

Sandra E. Gallagher

James F. Mcdowell

Richard F. Rowley

R Best

Robert Brack

Kathleen M. Haynes Burns

Marion Ty Rutter

William H. Greig

TIPS

LEGAL TERMS

LAPSE

ACCUMULATION TRUST

INHERIT

CREDIT SHELTER TRUST

DISTRIBUTEE

GRANTOR

STATUTORY SHARE

SPENDTHRIFT TRUST

FINAL BENEFICIARY

SAMPLE LEGAL CASES

Oldham v. Oldham

Oldham v. Oldham

Oldham v. Oldham

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