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You can use an Affidavit in New Mexico for estates with less than $50,000, not counting liens or encumbrances (like a mortgage). There is a 30-day waiting period.
You can also use an Affidavit for real estate if a married couple owns a principal residence, valued for property tax purposes at $500,000 or less, and holds it as community property. The surviving spouse can file an Affidavit with the county clerk if no other assets require probate. (If, for example, the other assets are bank accounts held in joint tenancy and retirement accounts or life insurance that pass by beneficiary designation.) There is a six month waiting period.
You can use a summary probate procedure for estates in which the value of the estate, less liens or encumbrances, doesn't exceed the homestead allowance, exempt property, family allowance, and costs of administration, funeral expenses, and last illness expenses.
N.M. Stat. Ann. 45-3-1203 and following.
Michigan, like most states, does not impose an estate or inheritance tax. Only a few states do.
The minimum wage in New Mexico is $12 an hour. Because this is higher than the federal minimum wage of $7.25, employees in The Land of Enchantment must be paid at least $12 an hour. A handful of local governments in New Mexico have passed their own minimum wage ordinances.
The minimum wage in Wayne County is $12 an hour, the state minimum wage. Michigan law prohibits city and county governments from adopting a local minimum wage that's higher than the state minimum wage.
The minimum wage in Detroit, Michigan, is $12 an hour, the state minimum wage. Michigan law prohibits city and county governments from adopting a local minimum wage that's higher than the state minimum wage.
In Michigan, your employer may pay you a minimum wage of $3 an hour, as long as you earn enough in tips to bring your total hourly pay up to the full minimum wage, $12 an hour. If you don’t earn enough in tips to bring your compensation to the full minimum wage, your employer must make up the difference.
Yes. Federal exemptions are available.
$150,000 (joint owners may double)
Motor vehicle to $10,000
In Michigan, you can receive unemployment benefits for a maximum of 26 weeks under state law.