N.M. Stat. § 45-2-407
Waiver of rights.
A. The rights of the surviving spouse to family allowance and personal property
allowance, or either of them, may be waived, wholly or partially, before or after
marriage, by a written contract, agreement or waiver signed by the surviving spouse.
B. A surviving spouse's waiver is not enforceable if the surviving spouse proves
that:
(1)
the surviving spouse did not execute the waiver voluntarily; or
(2)
the waiver was unconscionable when it was executed and, before
execution of the waiver, the surviving spouse:
(a) was not provided a fair and reasonable disclosure of the property or
financial obligations of the decedent;
(b) did not voluntarily and expressly waive, in writing, any right to disclosure of
the property or financial obligations of the decedent beyond the disclosure provided;
and
(c) did not have, or reasonably could not have had, an adequate knowledge
of the property or financial obligations of the decedent.
C. An issue of unconscionability or voluntariness of a waiver is for decision by the
court as a matter of law.
D. Unless it provides to the contrary, a waiver of "all rights", or equivalent language,
in the property or estate of a present or prospective spouse or a complete property
settlement entered into after or in anticipation of separation or divorce is a waiver of all
rights of family allowance and personal property allowance by each spouse in the
property of the other and a renunciation by each of all benefits that would otherwise
pass to each from the other by intestate succession or by virtue of any will executed
before the waiver or property settlement.