The process of making a will is an important stage in financial and inheritance planning for any person However, there are those who do not know the costs and requirements of writing this document.
From notary fees to inheritance taxes, each state has its own regulations that influence the final cost of making a will. Some states may show cheaper prices, but, according to data from the Federal Consumer Prosecutor’s Office (Profeco), processing a will It costs from 1,200 pesos to 3,500 pesos.
The state breakdown is as follows:
Baja California Sur $2,500
What is required to make a will?
The Government of Mexico reported that some of the Requirements for making a will with a notary are as follows:
- There may be a minimum age, depending on the state where you decide to do it (the average is 16 years old).
- Have a good mind and complete the application.
- State your will clearly. It is not necessary to make a list of assets, or to show deeds of ownership of assets, you only need to tell the notary who you will name as heirs.
- Provide your general information ((names); surnames of father and mother; date and place of birth; nationality, marital status and, if married, specify which regime of property (with marriage or separation of assets); employment; and current address. In addition to a copy of your birth certificate, as well as an original and a copy of an official identification.
- In some states it is necessary to bring witnesses.
- Cover the payment of corresponding rights.