When it comes to the end of your life, don’t leave your family without your wishes. If you don’t have a will, your property, finances, and assets will be processed through Probate, a government process of determining where things go when someone passes away. This process can be long and stressful. To make sure this doesn’t happen, having an Estate Plan, which can include a Will and a Trust will ensure your wishes come to be.
At The Law Offices of Larsen and Mender we have attorneys who focus on Estate Planning and they can guide you through your options.
Not sure if an Estate Plan is right for you? Fill out our Contact Us form and we will help you know what is the best course of action to take.
Frequently Asked Questions
Yes. Without a will, New Mexico intestate succession laws determine how your assets are distributed. This may not match your wishes. A will gives you control over who receives your property, who manages your estate, and who cares for your minor children.
A will goes through probate court and becomes public record. A revocable living trust transfers assets directly to beneficiaries, often avoiding probate entirely. Trusts also offer more control over how and when assets are distributed to beneficiaries.
Probate is the court-supervised process of validating a will and distributing an estate. Estates under $50,000 may qualify for simplified small estate procedures. Larger estates go through formal probate, which typically takes 6–12 months.
Review your estate plan after major life events: marriage or divorce, birth of a child, significant asset changes, moving to a new state, or the death of a named beneficiary or executor. A good rule is to review every 3–5 years.
Still have questions? Reach out to us!
Estate Plans we’ve made:
Wills
Pour Over Wills
Revocable Living Trusts
Irrevocable Trusts
Financial Power of Attorney
Medical Power of Attorney
DNR Order
Transfer on Death Deeds
And more