New Mexico Statutes

§ 45-2A-10 — Effect of disability at distribution

New Mexico·Ch. 45 Uniform Probate Code·Art. 2A Uniform Statutory Will Act

A. If property becomes distributable by a personal representative or trustee to an individual under the age specified in the will or, if the will does not specify an age, under the age of twenty-three years, or to an individual who the personal representative or trustee determines cannot effectively manage or apply the property by reason of mental illness, mental deficiency, physical illness or disability, chronic use of drugs, chronic intoxication or other cause:

(1)the personal representative or trustee, as to principal or income, may distribute part or all of the property to the distributee directly, by deposit or investment in the distributee's name or for the distributee's account, or to a guardian or conservator for the distributee;
(2)the personal representative may distribute to

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 45-2A-10 (Effect of disability at distribution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1991, ch. 173, § 10.

Nearby Sections

15
View on official source ↗