New Mexico § 45-3-912 - Private agreements among successors to decedent binding on personal representative
Full text of New Mexico New Mexico Statutes Annotated § 45-3-912 — Private agreements among successors to decedent binding on personal representative, with citation guidance and answers to common questions.
§ 45-3-912. Private agreements among successors to decedent binding on personal representative
Subject to the rights of creditors and taxing authorities, successors or their representatives
may agree among themselves to alter the interests, shares or amounts to which they
are entitled under the will of the decedent or under the laws of intestacy in any
way that they provide in a written contract executed by all who are affected by its
provisions. The personal representative shall abide by the terms of the agreement subject to
the personal representative's obligation to administer the estate for the benefit
of creditors, to pay all taxes and costs of administration and to carry out the responsibilities
of the personal representative's office for the benefit of any successors of the decedent
who are not parties. Personal representatives of decedents' estates are not required to see to the performance
of trusts if the trustee thereof is another person who is willing to accept the trust. Accordingly, trustees of a testamentary trust are successors for the purposes of
this section. Nothing in this section relieves trustees of any duties owed to beneficiaries of
trusts.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-3-912
What does New Mexico Statutes Annotated § 45-3-912 cover?
Section 45-3-912 ("Private agreements among successors to decedent binding on personal representative") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 45-3-912?
A common citation format is "New Mexico Statutes Annotated § 45-3-912" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 45-3-912 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.