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Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children New Mexico Form

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Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult Children New Mexico Form

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the last will and testament is a written and signed legal document that controls how your property will be distributed in the event of your passing the benefits of a properly drafted will give you the power to direct the management of your estate allowing you to provide specific instructions on a variety of issues such as who will receive your property and who will carry out your wishes by serving as personal representative of your estate the risk of having a poorly drafted or improperly executed will equates to having no will at all this means state law will dictate who will be in charge of your estate and how your assets will be distributed while a will is a good option for many people they are not without limitations first the will must be submitted to the probate proceedings which may take up to two years to complete second once submitted the boil becomes a public document and privacy is lost and finally because of the probate process the estate may incur additional costs you

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