In New Mexico, a Last Will and Testament document is a legal document that allows someone to specifically state what they would like to do with their assets and belongings once they pass away. The person dispersing their assets, known as a Testator, has full choice as to where they wish for their assets and belongings to go. Typically, these documents are used for a person leaving their assets to their children, spouse and other loved ones, however, it is also used to specify funeral arrangements, last meal specifications, and even donate to charity. In New Mexico, this document is legally enforceable as long as it is signed by two Witnesses and notarized by a Notary Public.
Definition of Will - § 45-1-201(52)
Laws - Chapter 45 (Uniform Probate Code)
Witnesses - According to Section 45-2-502, the Will must be signed by two (2) Witnesses.
Establishing who the Testator of the Will is:
Children, Pets, Property, Life Insurance
Setting up a Trust
Set Boundary Ages
Funeral Home Arrangements
Appoint your Executor - the person who will execute your will:
Appoint your Trustee - the person who will distribute the assets out of your Trust (if your assets are set up in a Trust)
Appoint your Digital Executor - this is the person charged with distributing your digital assets:
Guardian over minor children:
Name other beneficiaries:
Removing or disinheriting a beneficiary:
Witnesses - Provide the following information for each witness: