New Mexico Statutes 45-3-201. Venue for first and subsequent estate proceedings;
location of property.
Terms Used In New Mexico Statutes 45-3-201
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Decedent: A deceased person.
- Trustee: A person or institution holding and administering property in trust.
- Venue: The geographical location in which a case is tried.
A. Venue for the first informal or formal testacy or appointment proceedings after a decedent‘s death is:
(1) in the county where the decedent had his domicile at the time of his death;
or
(2) if the decedent was not domiciled in New Mexico, in any county where property of the decedent was located at the time of his death.
B. Venue for all subsequent proceedings is in the place where the initial proceeding occurred, unless the initial proceeding has been transferred as provided in Section 1- 303 [45-1-303 N.M. Stat. Ann.] or Subsection C of this section.
C. If the first proceeding was informal, on petition of an interested person and after notice to the proponent in the first proceeding, the district court in the place where the initial proceeding occurred, upon finding that venue is improper, may transfer the proceeding and the file to a court where venue is proper.
D. For the purpose of aiding determinations concerning location of assets which may be relevant in cases involving non-domiciliaries, a debt, other than one evidenced by investment or commercial paper or other instrument in favor of a non-domiciliary, is located where the debtor resides or, if the debtor is a person other than an individual, at the place where it has its principal office. Commercial paper, investment paper and other instruments are located where the instrument is. An interest in property held in trust is located where the trustee may be sued.