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Informal and Formal Probate. Do You Know The Difference?

In Estate & Probate by Huong LeeLeave a Comment

Probate is the legal process of petitioning a court to grant you the authority to administer or obtain control of a deceased person’s estate—usually a relative, loved one, or close friend (if you were personally named in that person’s will). Once that authority is obtained, you can distribute assets according to the decedent’s will or transfer assets owned by the …

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Transfer On Death Deeds

In Contracts, Estate & Probate by Huong LeeLeave a Comment

In New Mexico (and a handful of other states), the law permits an owner of real property (either land or a house) to transfer that property by a Transfer on Death Deed (TODD). A TODD is a simple and effective way to transfer property to a beneficiary without the hassle of probating the estate to obtain possession of said property. …

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Attorney Christina Cavaleri Talks About The Ever Changing Financial and Legal Landscape

In Estate & Probate by Kristy DonahueLeave a Comment

If you are in the Albuquerque area on February 13th, 2024- you will not want to miss this valuable Seminar! How have changes in the Financial and Legal Landscape impacted your retirement plans? What financial and legal strategies you can you use to protect your nest egg?Come join us at the Holiday Park Community Center in Albuquerque, NM, USA on Tue …

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Probate Litigation: Understanding Its Implications and Finding Legal Assistance 

In Estate & Probate by Gage AndersonLeave a Comment

Probate is an essential process where the court proves the validity of a will and authorizes the distribution of a deceased person’s assets to their close family members and other beneficiaries. The process gives a legal confirmation of the executor’s authority and the ownership of the assets before they can be passed to the beneficiaries. In most cases, the probate …

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Challenging a Will – When and How to Do It

In Estate & Probate by Larry DonahueLeave a Comment

Understanding the process of contesting a will can be challenging. When should you consider contesting a will? What are the grounds for contesting a will? And how do you go about challenging a will once you have decided to do so? Here, we’ll break down each step of the process so that you can make an informed decision when it …

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BLSW Tops Expertise.com’s List of Litigators

In Break-ups & Partnership Disputes, Business Transactions, Dispute Resolution, Employment Law, Estate & Probate, Expungement of a Criminal Record, Intellectual Property, Litigation & Lawsuits, Partnerships by Kristy DonahueLeave a Comment

A Ranking in Professionalism, A+ Ranking in Reputation Once again, Business Law Southwest has been recognized by Expertise.com for their outstanding New Mexico Litigation Team ! Expertise’s Selection Criteria: Availability-Consistently approachable and responsive, so customers never feel ignored. Qualifications-Building customer confidence with licensing, accreditations, and awards. Reputation-A history of delighted customers and outstanding service. Experience-Masters of their craft, based on …

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The Tom Petty Estate: When best laid plans are not specific enough.

In Business Tips, Estate & Probate by Larry DonahueLeave a Comment

Tom Petty died of an accidental overdose on October 2, 2017.  While his death was shocking and sudden, the artist had taken the time prior to the tragedy to participate in some estate planning.  Per his wishes, his wife of 16 years, Dana York Petty, became the “directing trustee” of the Tom Petty Estate.   His daughters Annakim Violette and Adria …

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The Family Business Succession Plan

In Break-ups & Partnership Disputes, Business Tips, Estate & Probate, Partnerships by Larry DonahueLeave a Comment

Family owned business can be tough; especially since family is forever and a business lasts as long as the front doors can stay open.  A family business can never be truly free of passion, so it is important to understand the importance of utilizing consultants from outside of the family in conjunction with a Trust and Estate planning team to …