A well thought out, and properly drafted, estate plan can protect you, your assets, and your loved ones throughout the course of your life and even after you are gone. Given the purpose and importance of your estate plan, care should be taken when choosing an estate planning attorney to assist you with the creation of your plan. At Morris Hall PLLC we understand how important your plan is to you which is why we are dedicated to helping our Albuquerque, New Mexico friends and neighbors create a plan that achieves their current estate planning goals and that provides a solid foundation on which to build in the future.
The History of Albuquerque, New Mexico
The Native American presence in what we now know as Albuquerque, New Mexico can be see just about everywhere; however, the Tanoan and Keresan history, in particular, can be found in petroglyphs carved into basalt in the west part of the city in the Petroglyph National Monument. There is also evidence that the Navajo, Apache and Comanche peoples once lived in the area, as there is evidence of trade and cultural exchange between the different Native American groups going back centuries before European conquest.
Modern day Albuquerque was founded back in 1706 as a Spanish colonial outpost of Villa de Albuquerque. At that time, the town was a farming community as well as a strategically located military outpost along the Camino Real. Built in the traditional Spanish village pattern with a central plaza surrounded by government buildings, homes, and a church, the original central plaza area has been preserved and is open to the public as a museum, cultural area, and center of commerce. It is referred to as "Old Town Albuquerque" or simply "Old Town." On the north side of Old Town Plaza is San Felipe de Neri Church which was erected in 1793 and remains one of the oldest surviving buildings in the city.
In 1880, the Atchison, Topeka and Santa Fe Railroad arrived. The passenger depot and railyards were located about 2 miles east of the central plaza in what quickly became known as New Albuquerque or New Town. Over the next several years, settlers began to move into the area, creating a commercial center where Downtown Albuquerque is now located. New Albuquerque was incorporated as a town in 1885 and as a city in 1891. Old Town remained a separate community until the 1920s when it was absorbed by the city of Albuquerque. By 1900, the City of Albuquerque had grown to 8,000 residents. During the early part of the 20th century, New Mexico's dry climate brought many tuberculosis patients to the city in search of a cure. Presbyterian Hospital and St. Joseph Hospital, two of the largest hospitals in the Southwest, had their beginnings during this period. The establishment of Kirtland Air Force Base in 1939, Sandia Base in the early 1940s, and Sandia National Laboratories in 1949, would make Albuquerque a key player of the Atomic Age. Meanwhile, the city continued to expand outward onto the West Mesa, reaching a population of 201,189 by 1960. As happened in many cities across the country, Albuquerque’s downtown area went through a period of urban decline during the middle part of the 20th century. Fortunately, in the last several decades, the city has gone through a gentrification phase that has included the renovation of historic structures such as the KiMo Theater.
Albuquerque, New Mexico Today
Located in the middle of the State of New Mexico, the City of Albuquerque covers almost 200 square miles. Toward the end of the 20th century and into the 21st century, the population of Albuquerque has grown dramatically. In 1990, it was 384,736 and by 2007 it was 518,271. In June 2007, Albuquerque was listed as the sixth fastest-growing city in America by CNN and the United States Census Bureau. Urban sprawl is limited on three sides—by the Sandia Pueblo to the north, the Isleta Pueblo and Kirtland Air Force Base to the south, and the Sandia Mountains to the east. Suburban growth continues at a strong pace to the west, beyond Petroglyph National Monument, once thought to be a natural boundary to sprawl development. Visitors to the city are bound to find something of interest as there is much to see and do in Albuquerque. The summertime New Mexico Arts and Crafts Fair, a non-profit show exclusively for New Mexico artists and held annually in Albuquerque since 1961, draws people from all over the world. As a well-known city for artists, Albuquerque is also home to over 300 other visual arts, music, dance, literary, film, ethnic, and craft organizations, museums, festivals and associations. Residents and visitors alike can also enjoy science and cultural experiences at place such as the Albuquerque Biological Park, Albuquerque Museum, Museum of Natural History and Science, and Old Town Albuquerque. The city is also well-known for the Albuquerque International Balloon Fiesta that takes place at Balloon Fiesta Park the first week of October. The City of Albuquerque has a long and colorful history yet it continues to grow and evolve into the 21st century.
Morris Hall PLLC in the Albuquerque, New Mexico Community
Creating a comprehensive estate plan is one of the most personal, yet important, endeavors you will undertake over the course of your lifetime. At Morris Hall PLLC we understand what your estate plan means to you and your family. Our goal is to create an ongoing relationship with every client we serve. By doing so, we hope that our clients feel comfortable discussing their sensitive and personal legal issues with us.
Estate planning is not something that is ever truly finished. On the contrary, a successful estate plan is something that grows and changes with you as you move through the various stages of your life. Initially, a simple Last Will and Testament may be sufficient to prevent the state from dictating who will receive your estate assets in the event of your death. If you marry and/or become a parent, however, you will want to include incapacity planning in your estate plan and blend your retirement plans with your overall estate plan to ensure that they work in harmony with each other. Tax and probate avoidance may need to be incorporated into your estate plan as well as your estate grows. As you move toward your retirement years, Medicaid planning may be necessary to ensure that your assets are not lost to the high cost of long-term care. Finally, if you have strong beliefs with regard to end of life medical care and/or funeral and burial customs, you will want to incorporate those beliefs into your estate plan as well to ensure that your wishes are honored at the end of your life. At the Albuquerque, New Mexico law form of Morris Hall PLLC, we plan to be with you throughout the course of your lifetime to ensure that your estate plan reflects your needs and desires.
If you have additional questions or concerns about estate planning, or wish to get started on your plan today, contact an experienced estate planning attorney at Morris Hall PLLC by calling 888-222-1328 to schedule your appointment today.