When planning an estate, most people focus on homes, land, bank accounts, and personal property. Mineral rights are often assumed to fall neatly into that same category. In reality, mineral rights and surface rights are legally distinct assets, and treating them as interchangeable can create confusion and unintended consequences for heirs. Understanding the difference between…
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Why avoid probate? Well, it’s long, it’s costly, and mineral and royalty estates can add some additional challenges, especially if the properties are located in a different state than where the decedent was domiciled. Probate is typically administered where the decedent established their home. The estate is subject to the requirements of that particular jurisdiction.…
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I’m often asked my opinion about anything energy-related. Where are oil prices headed? What about the natural gas glut? How about corn, solar and wind? And the list goes on … The truth is that these are interesting times. Technology has and will continue to give us new oil and gas resources as we get…
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