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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

Loralee Dione Hunt

General Practice

Status: In Good Standing

CONTACT

3962 Cr M, Broadview, NM 88112

James F Burns Rl Est

Corporate, Trusts, Real Estate

Status: In Good Standing

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420 Mitchell St, Clovis, NM 88101

Kameron L. Barnett

Litigation, Estate, Business Organization, Business, Consumer Bankruptcy

Status: In Good Standing

CONTACT

119 S. Main St., Clovis, NM 88101

William H. Greig

General Practice

Status: In Good Standing

CONTACT

117 Ernst Pl, Clovis, NM 88101

Edwin B. Tatum

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing

CONTACT

921 East 21St Street, Clovis, NM 88101

R Best

Business & Trade, Corporate, Elder Law, Estate Planning

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. Max Best

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

Status: In Good Standing

CONTACT

908 Colonial Pkwy, Clovis, NM 88101

Kathleen M. Haynes Burns

Trusts, Gift Taxation, Estate, Business

Status: In Good Standing

CONTACT

501 Commerce Way, Clovis, NM 88101

800-923-0641

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LEGAL TERMS

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.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on 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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

NET ESTATE

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

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

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Grady Estate Lawyer, New Mexico

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Michael T. Garrett

Loralee Dione Hunt

James F Burns Rl Est

Kameron L. Barnett

William H. Greig

Edwin B. Tatum

R Best

R. Max Best

R. Max Best

Kathleen M. Haynes Burns

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

AUGMENTED ESTATE

QTIP TRUST

DISINHERIT

NET ESTATE

REAL ESTATE AGENT

PRETERMITTED HEIR

PER CAPITA

ACCUMULATION TRUST

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