new mexico ancillary probate
Out-of-State Executors
It is not uncommon for someone to pass away and leave property behind in various jurisdictions. If a loved one passed away in one state but owned land or other assets in New Mexico, the out-of-state Executor will need to establish a second, subordinate probate for those assets in New Mexico. This is called ancillary probate.
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Ancillary Probates Involving Real Estate
The most common scenario requiring ancillary probate typically involves an Executor who was appointed in another state but must deal with real estate the deceased owned that is located in New Mexico. In such circumstances, New Mexico law offers a streamlined procedure whereby the out-of-state Executors’ authority can be recognized here in New Mexico so that the property can be expeditiously transferred to the designated recipients.
Retaining the services of an attorney experienced in ancillary probates is critical to the successful distribution of assets in New Mexico so that you can move forward with the peace of mind that your loved one’s wishes were respected, and their estate was successfully resolved.
Benjamin Hancock Can Help an
Out-of-State Executor
An out-of-state Executor is someone who was appointed as Executor of an estate in another state (outside of New Mexico), but must deal with real estate owned by the deceased that is located in New Mexico.
In such circumstances, New Mexico law offers a streamlined procedure whereby the out-of-state Executors’ authority can be recognized here in New Mexico, so that the property can be expeditiously transferred to the designated recipients.
Retaining the services of an attorney experienced in ancillary probates is critical to the successful distribution of assets in New Mexico, so that you can move forward with the peace of mind that your loved one’s wishes were respected, and their estate was successfully resolved.