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February 06, 2012
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Chapter 184b. Short Form Terms For Wills And Trusts

Chapter 184B: Section 1 Terms; incorporation by reference; copy of section defining term

Section 1. The terms defined in this chapter may be used in any will or trust and, except as otherwise provided in the instrument, shall have the full force, meaning and effect of the words by which they are so defined. Adoption or employment in substance of a defined term in such instrument shall be a sufficient incorporation by reference of the applicable section of this chapter in effect at the date of the execution of the instrument, but this provision shall not preclude other methods or incorporation of any section in part only or subject to such modification as the incorporating instrument may provide. An attorney at law preparing a will or trust who uses a term defined in this chapter shall furnish to the testator or settlor a copy of the section of this chapter by which the term is defined; provided, however, that failure to do so shall not affect the validity of the incorporation by reference
 

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  News Room  
 
Self-Proclaimed CPA Sentenced For Role In Fraud Scheme
On February 26, 2007, in Salt Lake City, UT, Lanny R. White was sentenced to 60 months in prison, three years of supervised release and ordered to ...
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The Ohio Department of Commerce Division of Unclaimed Funds has over 2.6 million accounts worth over $700 million in its custody.  If you find...
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Does a Will Cover Everything I Own
No. Generally speaking, your will affects only those assets which are in your name alone at your death. Some assets which are not affected by your ...
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Common Terms

 


Today's Terms

Bequest

Definition:
A gift made by the will of a person who has died.

Exemption

Definition:
To be excused from having to meet a particular requirement.

Security

Definition:
The protection derived from a borrower's pledging land or other kinds of property to assure repayment of a debt.

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Resource Center

 

 

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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New Mexico Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys 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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