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Nevada probate accounting explained: the 120-day inventory, what a final account must report to the District Court, and when beneficiaries can demand one.
Nevada probate bond requirements explained. Learn when the District Court requires an executor to post a bond, its cost, and how to waive it in a will.
Nevada debt payment priority under NRS 147.195: the nine classes an executor must pay in order, what happens when the estate is insolvent, and personal liability.
Nevada is a community property state, so both halves of a couple's assets can step up in basis at the first death. See how the double step-up cuts capital gains tax.
Nevada surviving spouse rights come from community property, not an elective share: the spouse already owns half the community estate, plus set-apart property.
New Mexico has no state estate or inheritance tax, so only the federal estate tax can apply. Learn the 2026 exclusion, portability, and community property.
New Mexico exempt property is the $15,000 personal property allowance a surviving spouse or children can claim from the estate ahead of creditors.
New Mexico family allowance is a $30,000 protected cash amount a surviving spouse can claim during probate ahead of most estate creditors.
New Mexico probate accounting explains what a personal representative must report, from the three-month inventory to the final closing statement.
New Mexico probate bond requirements: personal representatives usually serve without bond unless the will requires one, someone demands it, or the court orders it.
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