How Much Does Estate Planning Cost in New Mexico?
New Mexico pricing is near the national average. Updated for 2026.
Estate Planning Pricing in New Mexico
In New Mexico, the average cost for estate planning is $1,800 per estate plan, which is 10% lower than the national average of $2,000. Most New Mexico residents pay between $450 and $4,500.
New Mexico has costs that track closely with the national average, though prices can still vary between urban and rural areas within the state.
Estate planning creates legal documents to protect your assets and wishes. A basic plan includes a will, power of attorney, and healthcare directive. Complex estates may need trusts and tax planning.
New Mexico vs National Average
What Affects Estate Planning Cost in New Mexico?
Package
Basic (will + POA + directive): $500-$1,500. With living trust: $1,500-$3,500. Complex estate: $3,000-$7,000+
DIY
Online services: $200-$600. Attorney-reviewed online: $400-$1,000
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💡 Tips to Save on Estate Planning in New Mexico
- 1.Basic will + POA + healthcare directive is sufficient for most people
- 2.Online services (LegalZoom, Trust & Will) cost $200-$600 for simple estates
- 3.Many attorneys offer estate planning packages at a flat rate
- 4.Review and update every 3-5 years rather than creating from scratch
📈 Estate Planning in New Mexico Cost Trends (2020–2024)
Prices have increased +17.8% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $1,528 | — |
| 2021 | $1,592 | +4.2% |
| 2022 | $1,696 | +6.5% |
| 2023 | $1,744 | +2.8% |
| 2024 | $1,800 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Estate Planning in New Mexico
Recent Reports
Frequently Asked Questions
Do I need a trust?
A trust avoids probate and provides privacy. It's recommended if you own property, have assets over $100K, have minor children, or want to control how assets are distributed after death.
Estate Planning Cost in Other States
Related Cost Guides for New Mexico
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