The Texas Eagle Ford Shale Is Expected to Bring Wealth To Many Texas Families, However Title Issues, Probate Issues, and Inheritance Issues May Cost Some Significant Wealth and Their Rightful Inheritance
by Texas Eagle Ford Shale Oil Royalty Lawyer, Texas Eagle
Ford Shale Inheritance Lawyer, Texas Eagle Ford
Shale Mineral Interest Lawyer, & Texas Eagle Ford Shale Probate
Lawyer Jason S. Coomer
The Eagle
Ford Shale in central Texas promises to bring a large amount
of money to the owners of real estate in the Eagle Ford
Shale region including mineral right owners, royalty
interest owners, and working interest owners. However,
determining the rightful owners of Texas real estate and
mineral interests is not always easy. Title to mineral interests, royalties, and real
estate can be clouded or contested by probate issues, tax
issues, will fraud, inheritance issues, real estate fraud, and transfer issues. Understanding these issues and obtaining clear title to property will be crucial for many families in being able to collect wealth.
Texas
Mineral Interest Intestate Law, Texas Oil Royalty Inheritance
Lawsuits, and Texas Real Estate Inheritance Lawsuits by Texas Eagle Ford Shale Inheritance Lawyer, Texas Inheritance Lawyer, Texas Oil Inheritance Lawyer, & Texas Oil Probate
Lawyer Jason S. Coomer
Determining who inherits a
person's property and possessions under Texas intestate law
(died without a Will), often depends on whether the person
was married at the time of their death and the relatives
that the person leaves behind. Marriage can be a complicating
factor in determining inheritance under Texas law because
intestate inheritance is based on the nature of the property
as either community property or separate property as
well as the make up of the decedent's family including
children and surviving heirs.
For more information on Texas Inheritance of Oil Royalties,
Mineral Interests, and Real Estate please go to the
following Web Page on
Texas Heirship Laws and Determining Heirs when no Valid Will
exists.
Texas Mineral Interest Will
Contest Lawsuits, Texas Oil Royalty Breach of Fiduciary
Duty Executor Fraud Lawsuits,
and Texas Real Estate Will Lawsuits by Texas Eagle Ford Will Probate Lawyer, Central Texas Will Probate Lawyer, Texas Eagle Ford Probate Lawyer, & Austin Texas Will Lawyer Jason S. Coomer
After a
person dies, the Will and a death certificate need to be
filed in the probate court or county court where the
decedent resided when they died. After both the Will and
Death Certificate are filed with the proper court, a hearing
has to held where the death of the decedent is proven, the
Will is to be determined to be valid, and the executor is
sworn in and appointed.
This process
is called probate a Will. It is often helpful to have a
probate lawyer assist at the executor at court in proving
that the decedent actually died, the Will is valid, and the
executor is qualified and able to serve as the executor.
Once the Will is probated and the executor is appointed the
probate attorney assists in making sure that proper notices
are given to creditors, locating assets, and preparing an
inventory which needs to be filed with the court. For more
information on Texas Will Probate Proceedings feel free to
go to our web page on Central Texas Will Probate Lawyer.
Texas Mineral Interest Will
Contest Lawsuits, Texas Oil Royalty Breach of Fiduciary
Duty Executor Fraud Lawsuits,
and Texas Real Estate Will Lawsuits by Texas Eagle Ford Will Contest Lawyer, Central Texas Will Contest Lawyer, Texas Eagle Ford
Will Fraud Lawyer, & Austin Texas Will Contest
Lawyer Jason S. Coomer
A Will Contest occurs when
there is something wrong with a Will. In some
instances the Testator did not have actual "testamentary
capacity" or "testamentary intent" to draft a proper Will.
In such a situation the Will is not valid and interested
parties including a beneficiary
or heir that was disinherited or lost inheritance through the invalid Will can
contest the Will as being invalid. For more
information on Will Contests go to our web page on
Texas Will Contest
Lawsuits.
The Texas Eagle Ford Shale Will Bring Fraud, Probate Issues, and Inheritance
Issues: Families Should be Careful To Protect Their Mineral Interests and Rightful Inheritance
by Texas Eagle Ford Shale Probate Lawyer, Texas Eagle
Ford Shale Inheritance Theft Lawyer, Texas Eagle Ford
Shale Clear Title Lawyer, & Texas Eagle Ford Shale Probate Litigation
Lawyer Jason S. Coomer
The Eagle Ford Shale is a large deposit of black calcareous shale with a high
organic carbon content that outcrops in a
northeast-southwest trending band through central Texas. In
2008 new technologies were used to start production on the
Eagle Ford Shale which started a rush of Texas landmen to
begin leasing mineral rights and
drilling companies to begin drilling on the Eagle Ford
Shale. Eagle Ford Shale drilling technology typically
requires both horizontal drilling and hydraulic fracturing
to increase production and make the well profitable. The
high carbonate content of the Eagle Ford Shale makes the
brittle rock respond favorably to hydraulic fracturing.
There are numerous Texas Landmen
and Oil Companies that are and have offered leases with oil lease bonuses,
royalty interests, and other terms to clear title owners of mineral interests. If your family owns substantial land on the Eagle Ford Shale, be careful in dealing directly with Texas Landmen and Oil Companies as some may be attempting to buy mineral interests at a very low price when the value of the mineral interests may be substantial. Also, be aware of probate and inheritance issues that may cause title issues or allow fraudulent individuals to steal rightful inheritance.
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