N.M. Stat. § 45-3-810
Claims not due and contingent or unliquidated claims.
A. If a claim which will become due at a future time or if a contingent or unliquidated
claim becomes due or certain before the distribution of the estate, and if the claim has
been allowed or established by a proceeding, it is paid in the same manner as presently
due and absolute claims of the same class.
B. In other cases the personal representative or, on petition of the personal
representative or the claimant in a special proceeding for the purpose, the district court,
may provide for payment as follows:
(1)
if the claimant consents, he may be paid the present or agreed value of
the claim, taking any uncertainty into account; or
(2)
arrangement for future payment, or possible payment, on the happening of
the contingency or on liquidation, may be made by creating a trust, giving a mortgage,
obtaining a bond or security from a distributee or otherwise.