Albuquerque Estate Lawyer, New Mexico

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Dathan L. Weems Lawyer

Dathan L. Weems

VERIFIED
Accident & Injury, Medical Malpractice, Mediation, Family Law, Wills

The Dathan Weems Law Firm, LLC is a New Mexico law firm specializing in serious injury and wrongful death cases. Additionally, we represent parties ... (more)

Simon A. Kubiak Lawyer

Simon A. Kubiak

VERIFIED
Estate, Wills & Probate, Estate Planning, Trusts
Licensed in Arizona, Nevada and New Mexico

Since 2003, Walk-In Wills has helped people in New Mexico protect their most precious assets. We understand that the estate planning process is intimi... (more)

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CONTACT

505-903-7000

Peter V. Domenici Lawyer

Peter V. Domenici

VERIFIED
Environmental Law, Real Estate, Wills & Probate, Natural Resources, Military & Veterans Appeals

Mr. Domenici is a graduate of the University of New Mexico Law School and a member of the New Mexico Bar. He has been practicing law since 1986. Mr. ... (more)

Sean  Ramirez Lawyer

Sean Ramirez

VERIFIED
Divorce & Family Law, Real Estate, Estate

Sean S. Ramirez joined Frazier Law Office in 2016 and in 2018 he took over the day-to-day operations of Frazier & Ramirez Law. Sean’s legal focus is... (more)

FREE CONSULTATION 

CONTACT

800-644-3570

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Gregory W. MacKenzie Lawyer

Gregory W. MacKenzie

VERIFIED
Real Estate, Estate, Wills, Wills & Probate, Estate Planning

Greg has been a partner at Hurley Toevs Styles Hamblin & Panter PA since 2008. He was formerly a partner of the trust and estate litigation firm of Po... (more)

John J. Carmody Lawyer

John J. Carmody

VERIFIED
Divorce & Family Law, Estate, Wills & Probate, Paternity, Child Custody

John J. Carmody has been practicing law in Albuquerque since 1973. He has represented clients of all forums, including complex trials to high dollar l... (more)

Elizabeth Valentine Han Lawyer

Elizabeth Valentine Han

VERIFIED
Divorce & Family Law, Family Law, Children's Rights, Criminal, Wills

Elizabeth Valentine (V.) Han is the owner and sole practitioner at the Law Office of Elizabeth V. Han. Professionally, she obtained her license to... (more)

Gregory M. Segura Lawyer

Gregory M. Segura

VERIFIED
Estate, Estate Planning, Wills & Probate, Guardianships & Conservatorships, Business Organization

Gregory Segura has been a practicing attorney for over 5 years. He started his legal career serving as an Assistant District Attorney in Albuquerque,... (more)

Joel Philip Ames Lawyer

Joel Philip Ames

VERIFIED
Estate, Estate Planning, Wills & Probate, Business

Joel has been a member of Swaim & Carlow since 2017. He graduated from the University of New Mexico School of Law with honors, magna cum laude, and ... (more)

Kathleen M. Carlow Lawyer

Kathleen M. Carlow

VERIFIED
Estate, Wills & Probate, Estate Planning, Trusts, Business

Kathleen Carlow, Esq., LL.M., is a shareholder and attorney with the firm. She focuses her practice on tax law, estate planning, probate, trust admini... (more)

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Lawyer.com can help you easily and quickly find Albuquerque Estate Lawyers and Albuquerque Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

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.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

GRANTOR

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

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