Can There Be More Than One Executor of a Will?
When someone creates an estate plan, they can designate the individual they wish to serve as their estate’s personal representative. This individual can then petition the probate court to be…
Read More
Estate Planning Checklist: What Do I Need to Get Started?
Proper estate planning should be exhaustive, but that doesn’t have to make it exhausting. The key is to start early and approach each task one by one. Over time, you…
Read More
How Are Survivorship Life Insurance Policies Helpful in Estate Planning?
New Mexico families can use a survivorship life insurance policy if they are interested in leaving behind a legacy for their loved ones or another important cause, like a charity….
Read More
What Are the 7 Steps in the Estate Planning Process?
Estate planning doesn’t have to be a huge undertaking, in most cases. The key is to get started early and to focus on completing seven primary steps, one at a…
Read More
What Are the Requirements for a Will to Be Valid in New Mexico?
New Mexico allows for a fairly flexible definition of “last will and testament.” Any adult individual can create a document discussing how their estate will be handled following their death,…
Read More
What Is Estate Planning?
“Estate planning” can easily be summed up as “getting your affairs in order.” The idea is that our day-to-day plans can’t prepare us for the most serious disruptions to our…
Read More
What Is the Difference Between a Power of Attorney and Guardianship?
People often have questions about the difference between power of attorney and guardianship. Their confusion is understandable because the two designations are nearly identical! The biggest difference between the two…
Read More
What Is the Difference Between an Estate Lawyer and an Estate Planner?
The terms “estate lawyer” and “estate planner” can have multiple meanings. An “estate lawyer” could refer to an attorney who assists with the handling of someone’s estate after their death…
Read More
What Is the Role of an Executor in Estate Planning?
An executor — formally called a personal representative (PR) in New Mexico — is responsible for handling estate administration matters during probate. It’s this personal representative’s job to resolve an…
Read More