Category
Choose forms Please choose forms
Choose forms

New Mexico Estate Planning

Estate Planning helps manage your assets and healthcare decisions. Our attorney-drafted templates are quick and easy to complete.

intro Estate Planning

What is Estate Planning?

Estate Planning involves preparing documents to manage your assets and healthcare wishes. These documents are essential for ensuring your legacy and protecting your loved ones. Explore our subcategories for the templates that suit your needs.

Common New Mexico Estate Planning documents

  • Last Will — directs asset distribution after death.
  • Power of Attorney — designates someone to make decisions on your behalf.
  • Living Trust — holds assets during your lifetime and outlines distribution after.
  • Advance Healthcare Directive — specifies your healthcare preferences if you're unable to communicate.
  • Durable Power of Attorney for Healthcare — appoints someone to make medical decisions for you.

Estate Planning forms by State

Popular forms

Find a form

This field is required

Similar documents: key differences

  • Will vs. Trust — a Will distributes assets after death; a Trust can distribute during life.
  • Power of Attorney vs. Healthcare Proxy — Power of Attorney handles financial decisions; Healthcare Proxy makes medical choices.
  • Living Will vs. Advance Directive — Living Will details end-of-life healthcare preferences; Advance Directive includes broader health decisions.
  • Durable vs. Non-Durable Power of Attorney — Durable remains effective if you become incapacitated; Non-Durable does not.

  • Documents require proper signing and may need witnesses or notarization.

  • Keep related documents, like Wills and Trusts, aligned with titles and beneficiaries.

  • Review and update your Estate Plan after major life changes.

  • Select trustworthy individuals for decision-making roles and store originals securely.

  • Understand how different documents interact, such as Powers of Attorney and healthcare directives.

How to get started

Start in minutes with these steps.

  • Find a template or package that fits your situation.
  • Review the description, preview, and signing requirements.
  • Get full access with a subscription.
  • Complete it in the online editor.
  • Export or send: download, email, USPS mail, notarize online, or send for e-signature.

Practical tip

It's helpful to regularly review and update your Estate Plan to reflect your current wishes.

FAQs

An Estate Plan outlines how your assets will be managed and distributed after your death.

Choose someone you trust to make decisions on your behalf, ideally someone knowledgeable about your wishes.

Yes, you can alter your Will as long as you follow proper legal procedures.

Your assets will be distributed according to state laws, which may not align with your wishes.

It's wise to review your Estate Plan every few years or after significant life events.

Glossary

  • Will - A legal document that outlines asset distribution after death.
  • Trust - An arrangement for holding and distributing assets during and after life.
  • Power of Attorney - A document granting another person authority to act on your behalf.
  • Healthcare Directive - A document stating your healthcare preferences if you're unable to communicate.
  • Executor - The person responsible for managing your estate after your death.
  • Beneficiary - An individual or entity designated to receive assets from a Will or Trust.
  • Incapacity - The state of being unable to make decisions for oneself.
  • Legacy - What you leave behind for future generations, including values and assets.

Trusted by over 3 million people of the world’s leading companies