How to Manage Estate Expenses and Ongoing Bills During the Probate Process in NM
Detailed Answer When someone passes away in New Mexico, their personal representative (sometimes called an executor) steps in to gather assets, pay debts and expenses, and distribute what remains to heirs. Managing ongoing bills and estate-related expenses promptly protects estate assets and reduces personal liability for the representative. 1. Secure and Inventory Assets Immediately after […]
Read article →Options for Selling or Transferring Real Property When an Heir Is a Minor in New Mexico
Detailed Answer Disclaimer: This information is for educational purposes only. It does not constitute legal advice. Always consult a qualified attorney before taking action. When a minor child inherits real property in New Mexico, state law limits the child’s ability to sell or transfer that asset without court approval. Minors lack legal capacity to enter […]
Read article →How can a beneficiary compel an estate administrator to pay an inheritance share in New Mexico?
How to Compel an Estate Administrator to Pay Your Inheritance in New Mexico Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney to address your specific situation. Detailed Answer Under New Mexico law, an estate administrator (also called a personal representative) holds a fiduciary duty to […]
Read article →How does intestate succession work in New Mexico when no will exists and decedent died with no spouse and two children?
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney for advice on your specific situation. Detailed Answer When someone dies in New Mexico without a valid will (intestate) and leaves no spouse but two surviving children, state law directs how their estate passes. New Mexico’s intestate […]
Read article →How does intestate succession work with no will, no spouse, and three children in New Mexico (NM)?
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Detailed Answer When a person dies without a valid will (intestate) in New Mexico, state law governs how the estate distributes. Under NMSA 1978, §45-2-102 (N.M. Stat. Ann. §45-2-102), if the decedent leaves no surviving spouse but is survived by descendants, […]
Read article →How Can the New Mexico Slayer Statute Affect an Heirs Right to Inherit?
Detailed Answer Disclaimer: This article is for informational purposes only and does not constitute legal advice. Always consult a qualified attorney for advice specific to your situation. Under New Mexico law, the Slayer Statute prevents a person who unlawfully and intentionally kills a decedent from inheriting any property or benefits from that decedent’s estate. This […]
Read article →How Does Title Transfer for an Inherited Home with No Will and Multiple Heirs in New Mexico?
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Detailed Answer When a person dies without a will (“intestate”) in New Mexico, state law—NMSA 1978, Chapter 45, Article 2—governs who inherits real property. The court oversees the transfer through probate under NMSA 1978, Chapter 45, Article 3. The typical process […]
Read article →Can I Appeal a Probate Court Decision Removing a Personal Representative in NM?
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Detailed Answer Under New Mexico law, an order removing a personal representative is final and appealable. The probate court may remove a personal representative for misconduct, conflict of interest or failure to perform duties. See NMSA 1978, § 45-3-308. 1. Grounds […]
Read article →How Do I Determine Who the Intestate Heirs Are of My Father's Estate in NM?
Disclaimer This article is for educational purposes only and does not provide legal advice. Consult a licensed attorney in New Mexico for guidance specific to your situation. Detailed Answer When someone dies without a valid will (“intestate”) in New Mexico, the distribution of the estate follows the rules in the New Mexico Statutes Annotated (NMSA) […]
Read article →Does the Personal Representative Have to Provide Me a Copy of the Accounting in a Probate Matter? (NM)
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a licensed attorney for guidance on your specific situation. Detailed Answer: Right to Receive a Probate Accounting in New Mexico Under the New Mexico Probate Code, a personal representative (often called an executor) must file an accounting of estate administration […]
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