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February 26, 2010
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Probate Law News

 

Testimony Of The Division Of Criminal Justice In Opposition To: S.B. No. 1238

The Division of Criminal Justice strongly opposes S.B. No. 1238 and would respectfully request that the Committee reject this bill. The bill is nothing more than an attempt to obtain through this General Assembly a process that the Courts of this state have long and rightfully rejected.

Under present law, which was carefully drafted after a tragedy that occurred in Middletown many years ago, the Superior Court retains continuing jurisdiction over people who have been found not guilty by reason of insanity and committed to the Psychiatric Security Review Board (PSRB). That Board continually monitors the treatment and progress of acquittees and takes care to protect the public from tragedies such as the one that led to its creation.

The bill would strip the Superior Court and the PSRB of their continuing jurisdiction over those individuals who are found not guilty by reason of insanity and transfer this responsibility to the probate court. Such a system would not be in the best interest of the individual acquittee and certainly would not be in the best interest of the public safety. Read more at ct.gov

 

 

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Did You Know?    
 
 
Probate Transfers Legal Title Of Property
Probate is the means by which legal title of property transfers from the estate of the person who has died, to his or her proper beneficiaries. The term "probate" refers to proving the existence of a valid Will, or determining and proving who one's legal beneficiaries are if there is no Will. Since you can't take it with you, probate is the process used to determine who gets your property.

 


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Latest news about probate cases in New Mexico and nationwide:

Trust Mills Can Be Financial Traps
Consumer:  I’m exploring estate planning options, including living trusts. I’ve read recent warnings about “trust mills.” What are these?

...

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You Can't Take It With You
Death affects people in many ways. It never is timely. Death confronts the family with bereavement, with the need to readjust emotionally and finan...
Read more >


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Probate Terms

 
 


Today's Terms

Probate

Definition:
The process of settling your estate after you die, including paying creditors and heirs, and validating a will (if there is one).

Payable on death account (POD)

Definition:
An account, such as a bank account, that is handed over to a specified person upon another person's death.

Attorney-in-fact

Definition:
This person receives the powers allocated in a power of attorney, such as a right to handle another person's financial matters.

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Probate Resources

 


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Probate Hot Topics

 


Topics Related to Probate:

  • Probate Court
  • Last Will and Testament
  • Living Will
  • Power of Attorney
  • Trust Planning
  • Asset Protection
  • Special Needs Trusts

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New Mexico Probate Attorney

 
If you live in the following cities and need an probate attorney you should contact our Probate Attorney as soon as possible:


  • Alamogordo
  • Albuquerque
  • Anthony
  • Artesia
  • Aztec
  • Belen
  • Carlsbad
  • Clovis
  • Deming
  • Edgewood
  • Espanola
  • Farmington
  • Gallup
  • Hobbs
  • Las Cruces
  • Las Vegas
  • Los Alamos
  • Los Lunas
  • Portales
  • Rio Rancho
  • Roswell
  • Santa Fe
  • Shiprock
  • Silver City
  • Taos


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