§ 45-6-211 Ownership during lifetime
§ 45-6-212 Rights at death
§ 45-6-213 Alteration of rights
§ 45-6-214 Accounts and transfers nontestamentary
§ 45-6-216 Community property

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Terms Used In New Mexico Statutes > Chapter 45 > Article 6 > Part 2 > SUBPART 2.

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Decedent: A deceased person.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fraud: Intentional deception resulting in injury to another.
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent