New Mexico Statutes Chapter 40. Domestic Affairs § 40-4-14. Allowance in property; appointment and removal of guardian

In proceedings for the dissolution of marriage, separation or support between husband and wife, the court may make an allowance of certain property or properties of either party or of both parties for the maintenance, education and support of the minor children of the parties, and may vest title to the part of the property so allowed in a conservator appointed by the court. The conservator must qualify and serve in such capacity as provided in Sections 5-101 through 5-502 of the [Uniform] Probate Code.