A decedent‘s estate may pay all or part of any tax owed by the decedent’s estate to the state by payment in the form of one or more works of art in the manner provided by the Art Acceptance Act N.M. Stat. Ann. § 7-7-15 to 7-7-20, provided:

Need help with a review of a will?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

A. the decedent has so directed by a will; or

B. in the absence of a direction in the decedent’s will, the personal representative finds that this method of payment is advantageous to the estate.