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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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Leslee C. Petersen

General Practice

Status: In Good Standing

CONTACT

Arroyo Seco, NM 87514

Jacob Daniel Caldwell

Commercial Real Estate, Business & Trade, Corporate, Estate Planning

Status: In Good Standing

CONTACT

1181 Don Bernabe Garcia Ln, El Prado, NM 87529

Joseph E. Caldwell

General Practice

Status: In Good Standing

CONTACT

1181 Don Bernabe Garcia Ln, El Prado, NM 87529

Kenneth Boiarsky

International, Gift Taxation

Status: In Good Standing Licensed: 41 Years

CONTACT

174 Los Alamitos Pl, El Prado, NM 87529

Kathryn R. Mullen

Commercial Real Estate, Wills, Environmental Law Other, Business & Trade

Status: In Good Standing Licensed: 43 Years

CONTACT

39 N Mesa Rd, El Prado, NM 87529

Kenneth R. Boiarsky

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 56 Years

CONTACT

20 Los Alamitos Ln, El Prado, NM 87529

Kenneth Robert Boiarsky

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 56 Years

CONTACT

20 Los Alamitos Ln, El Prado, NM 87529

Connie Ode

International Other, Estate Planning, Civil Rights, Natural Resources

Status: In Good Standing

CONTACT

El Prado, NM 87529

Sara Anne Blankenhorn

Criminal, Landlord-Tenant, Natural Resources, Estate Planning

Status: In Good Standing

CONTACT

El Prado, NM 87529

Paloma G. Romo

Transportation & Shipping, Landlord-Tenant, Natural Resources, Wills

Status: In Good Standing

CONTACT

El Prado, NM 87529

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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Ojo Caliente Estate Lawyer, New Mexico

Sponsored Law Firm

Law Office of Cristy J. Carbon-Gaul

SPONSORED LAWYERS

Leslee C. Petersen

Jacob Daniel Caldwell

Joseph E. Caldwell

Kenneth Boiarsky

Kathryn R. Mullen

Kenneth R. Boiarsky

Kenneth Robert Boiarsky

Connie Ode

Sara Anne Blankenhorn

Paloma G. Romo

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LEGAL TERMS

TRUSTEE

KINDRED

LIFE BENEFICIARY

GROSS ESTATE

SPECIFIC BEQUEST

ABATEMENT

ALTERNATE BENEFICIARY

CONSERVATOR

GRANTOR RETAINED INCOME TRUST

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