As a resident or a business her in New Mexico, you might need access to public information held by state agencies or local governments. Thankfully, the state has provisions for the release of such information through what is known as a Public Information Request. However, the process can be complex, and difficult to navigate. In this post, we will discuss …
The Basics: Landlord-Tenant Law in New Mexico
As a landlord or tenant in New Mexico, it is important to understand the laws that govern the relationship between landlords and tenants. One of the most fundamental aspects of this relationship is the landlord-tenant contract. This contract outlines the terms and conditions of the lease agreement and sets the expectations for both parties. In this blog post, we will …
Is It Worth Having a Business Contract Reviewed by a Lawyer After You’ve Signed It?
Contracts are the foundation of almost every business transaction, from hiring employees to securing partnerships and making purchases. However, sometimes, in the rush to seal a deal or the eagerness to move forward, we sign contracts without fully understanding what we’re agreeing to. You might later find yourself wondering, “Should I have a lawyer review this, even though I’ve already …
What’s the Difference Between a State Trademark and a Federal Trademark?
If you’re a small business owner or entrepreneur, protecting your brand should be a top priority. Trademarks are a critical step in safeguarding your logo, slogan, business name, and other identifying assets. However, when choosing between a state trademark and a federal trademark, many are unsure which path to take. Both have their merits, but they serve different purposes depending …
What to Do When You’re Hit with a Disciplinary Board Complaint
Whether you’re running a small business, practicing medicine, or working in any professional organization, a disciplinary board complaint is one of the most stressful challenges you can face. It doesn’t just threaten your reputation—it could have serious impacts on your career or business. Knowing how to respond strategically to this situation is critical. Here’s a step-by-step guide to help you …
Ancillary Probate: What happens when a person dies in one state, but they have property in another?
Take this example: Mary, a widow, moved to Florida to be near her children and grandchildren. Mary has been a resident of Florida for the last five years. She previously lived in New Mexico with her husband. Mary passed away, and her son, Mark, needs to probate her estate. He files the necessary paperwork in Florida to open probate and …
Beneficial Ownership Information Reporting Requirement Reinstated on 12/23/2024
Beneficial Ownership Information Reporting (BOIR) the Corporate Transparency Act (CTA) IS NO LONGER SUSPENDED by Court Order As of December 23rd, 2024, FinCEN is no longer enjoined (i.e. restrained) from enforcing Beneficial Ownership Information Reporting (BOIR) the Corporate Transparency Act (CTA). The Fifth Circuit, United States Court of Appeals, has granted the US Government’s emergency motion to stay the lower court’s order …
How Might the New Trump Presidency Affect Business Owners?
The beginning of any presidency brings a wave of questions about changes to policy and how it might impact different sectors of society — particularly businesses. For small business owners and entrepreneurs, understanding how the Trump administration’s policies will shape the economy, regulations, and opportunities is essential for making informed decisions. Here’s a breakdown of potential areas of impact under …
Beneficial Ownership Information Reporting (BOIR) the Corporate Transparency Act (CTA) is Currently Suspended by Court Order
FinCEN is currently enjoined (i.e. restrained) from enforcing Beneficial Ownership Information Reporting (BOIR) the Corporate Transparency Act (CTA), by a legal decision from the US District Court for the Eastern District of Texas, see Texas Top Cop Shop, Inc. v. Garland, E.D. Tex., No. 4:24-cv-00478, 12/3/24. If you’ve already submitted your BOIR, that’s okay. There’s nothing for you to do. You …
Small Estate Distribution Alternatives In New Mexico
After a loved one has passed, there are many steps and considerations to make. If they have a trust, you must administer the trust. If they have a will, you may need to probate the will. If they died without a will, you may need to probate the estate. However, in some circumstances, probate and administration are not a necessity. …