Get Fillable Nm Form 10002

Settling an Estate in New Mexico A petition is filed with the court in the county where the decedent lived to open probate. The court approves the person named in the will as the executor. ... The executor will take inventory of all the assets of the estate, securing them and having them appraised, if necessary.

Transferring the Title of a Vehicle Without Probate If you are listed as the administrator, beneficiary, spouse, or joint-owner of the individual's estate, you may only have to provide the death certificate and the vehicle's title to your local NM vehicle title office to have them retitle the vehicle title.

New Mexico probate follows this general flow: contact the court, get appointed as personal representative, submit will if it exists, inventory and submit valuations of all relevant assets, have the court and beneficiaries approve it, and then distribute the assets to beneficiaries.

How Do I Write a New Mexico Bill of Sale? The printed legal name of the buyer and the seller. The date the bill of sale was created. The amount of money the item was sold for. Descriptive information about the item sold. The signature of both the buyer and the seller.

Your valid driver's license or state issued ID. The original (or certified) copy of the dealer's invoice, bill of sale, or lien information. Proof that your car has liability insurance. Two proofs of New Mexico residency if you do not have a New Mexico driver's license, or your current address is not updated in our ...

Transfer Without Probate The following conditions must be met: The vehicle or vessel has not been devised by will to anyone else; no application for petition for the appointment of a personal representative is pending or has been granted in any jurisdiction; 30 days have elapsed since the death of the deceased; and.

In New Mexico, if the total value of the estate exceeds $50,000 the will must go through the Court to be probate. An estate worth less than $50,000 is considered a small estate.