Creating a will is a legal document that defines the fate of a person’s assets and rights, preventing lengthy court proceedings and family conflicts.
The Cost of the Procedure
The cost for a public open will (the most common in Mexico, conducted before a notary) varies by state. In a notary’s office, the regular cost ranges from 1,160 to 3,734 pesos. However, during September, thanks to the national “Testament Month” campaign, discounts of up to 50% are offered.
This means that during this period, an individual could draft their will for less than half the usual cost, with the added benefit of receiving free advice to clarify doubts and ensure the document’s proper execution.
More Than a Procedure, an Act of Prevention
Creating a will is not exclusive to those with significant wealth; it’s an accessible decision for anyone wishing to secure legal certainty and peace of mind for their loved ones.
- Appointing an executor responsible for distributing assets.
- Designating a guardian or guardians for minor children.
- Selecting a curator or curatrix to oversee the execution of these duties.
- Assigning specific assets to a legatee.
- Including the decision to grant alimony to someone in particular.
What Happens Without a Will?
In the absence of this document, an intestate succession lawsuit begins. This involves calling potential heirs, conducting inventories and appraisals, and following a longer and more expensive process in court.
With a will, heirs go directly to the notary, fulfilling the expressed wishes and avoiding uncertainty.
Remember that this month is an opportunity to take action, as discounts are only one aspect; there are also special days and state programs that facilitate the process.
Key Questions and Answers
- What is a will? A legal document defining the distribution of a person’s assets and rights.
- Why should I create a will? It ensures legal certainty, prevents family conflicts, and provides peace of mind for your loved ones.
- How much does it cost to make a will in Mexico? The regular cost ranges from 1,160 to 3,734 pesos, but September offers discounts up to 50%.
- What happens if I don’t have a will? An intestate succession lawsuit begins, which is more time-consuming and expensive than having a will.
