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Notice to Beneficiaries of being Named in Will - New Mexico

Notice to Beneficiaries of being Named in Will - New Mexico 2025

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This document serves as a notice to beneficiaries regarding the death of an individual in New Mexico. It informs named beneficiaries in the Will about their status and provides contact information for the executor or personal representative. Additionally, it includes a public notice section for beneficiaries whose addresses are unknown, urging anyone with information to reach out.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do you have to inform beneficiaries?

While it is often beneficial to communicate with beneficiaries regarding the estate administration, executors are not required to comply with every single request for information.

How big does an estate have to be to go to probate?

Minimum Estate Value for Probate in California Generally, if the estate is valued at $184,500 or more, it may be subject to full probate. However, estates valued under this threshold may qualify for simplified probate procedures, such as a small estate affidavit or summary probate.

How do you determine heirship in New Mexico?

DETERMINING WHO IS AN HEIR If decedent is married, decedents spouse is an heir; If decedent has children, his or her children may also be heirs (if one or more of decedents children has died, all children of the deceased child or children are also considered decedents heirs);

How do I transfer without probate in NM?

In New Mexico, you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (similar to a will), naming someone to take over as trustee after your death (called a successor trustee).

Do all wills have to go through probate in New Mexico?

When does my will have to go through probate? In New Mexico, if your estate is worth more than $50,000, probate is required. For smaller estates or certain assets (like property held in a trust), probate might not be necessary.

How are beneficiaries listed in a will?

Most beneficiary designations will require you to provide a persons full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.

How much does an estate have to be worth to go to probate in New Mexico?

NO PROBATE REQUIRED FOR A SMALL ESTATE A small estate is defined as one where the decedents total estate is worth less than $50,000 and does not include any real property (land, a house, a farm, etc.). Read more at Section 45-3-1201 NMSA 1978.

Do you have to probate a will in New Mexico?

In New Mexico, if your estate is worth more than $50,000, probate is required. For smaller estates or certain assets (like property held in a trust), probate might not be necessary.

Notice to Beneficiaries of being Named in Will - New Mexico 2025

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