N.M. Stat. § 45-5-210
Termination of appointment of guardian; general.
A guardian's authority and responsibility terminate upon the death, resignation or
removal of the guardian or upon the minor's death, adoption, emancipation, marriage or
attainment of majority, but termination does not affect the guardian's liability for prior
acts nor the guardian's obligation to account for money and property of the protected
person. Resignation of a guardian does not terminate the guardianship until it has been
approved by the court. A testamentary appointment under an informally probated will
terminates if the will is later denied probate in a formal proceeding.