State Laws
Probate in New Mexico
Petition for Informal Probate of Will
The first step to probating a will is verifying with the district court if any demand for notice of estate probate has been filed.[4] The personal representative must then file the following with the probate court of the county where the decedent resided[5]:
- Original will
- Application for Informal Probate and Appointment of Personal Representative
- Order for Informal Probate of Will and Appointment of Personal Representative
- Acceptance of Appointment as Personal Representative
After receiving Letters Testamentary, the personal representative will have the authority to manage the estate.[6] They must mail devisees a Notice of Informal Appointment of Personal Representative, file a Proof of Notice with the probate court, and complete an Inventory.[6]
The decedent’s surviving spouse (or minor children, if none) is entitled to the statutory allowances before other payments are made.[8] The personal representative must then settle estate expenses, claims, and debts before distributing the remaining assets as instructed in the will.[9]
The personal representative must send an Accounting of the administration to the distributees and parties who filed a demand for notice, and send a Verified Closing Statement to distributees and creditors after filing it with the probate court.[10]
Small Estates
If the total value of the estate does not exceed $50,000, a decedent’s estate can be distributed outside of probate by using an Affidavit for Collection of Personal Property.[11]
Resources
Forms
- Application for Informal Probate and Appointment of Personal Representative
- Order for Informal Probate of Will and Appointment of Personal Representative
- Acceptance of Appointment as Personal Representative
- Letters Testamentary
- Notice of Informal Appointment of Personal Representative
- Proof of Notice
- Inventory
- Accounting
- Verified Closing Statement
Links