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Eagle Ford Shale Real Estate Lawsuit, Eagle Ford Shale Lease Lawsuit,
Eagle Ford Shale Beneficiary Lawsuit, Eagle Ford Shale Royalty
Interest Lawsuit, Eagle Ford Share Title Opinion, and
Texas Eagle Ford Shale Inheritance & Will Probate Lawsuit
Information
by Texas Eagle Ford Shale Oil Royalty Lawyer, Eagle Ford
Shale Mineral Interest Lawyer, & Eagle Ford Shale Real Estate
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 real
estate and property can be clouded by probate issues, tax
issues, and transfer issues. For more information on
clearing title to Eagle Ford Shale real estate, Eagle Ford
Shale mineral interests, or Eagle Ford Shale royalty
interests,
please feel free to
contact Texas Eagle Ford Shale Mineral Interest, Real Estate, and
Oil Royalty
Interest Lawyer,
Jason S. Coomer or
use our contact submission form.
Eagle Ford Shale Real Estate Lawyer, Eagle Ford Shale Lease Lawyer,
Eagle Ford Shale Beneficiary Lawyer, Eagle Ford Shale Royalty
Interest Lawyer, Eagle Ford Share Title Opinion Lawyer, and
Texas Eagle Ford Shale Inheritance & Probate Lawyer
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.
Texas real estate lawyer, royalty
interest lawyer, mineral interest lawyer, lease lawyer, and
probate lawyer, Jason S. Coomer helps Eagle Ford Shale beneficiaries,
Eagle Ford Shale
heirs, Eagle Ford Shale royalty interest owners, Eagle Ford
Shale working interest owners, and other Eagle Ford Shale
real estate owers claim their rightful share
of royalties and mineral interests.
As a Texas Probate Lawyer and
Texas Real Estate Lawyer, he works with families to claim oil royalties, mineral
interests, bank accounts, stocks, gold, family jewelry,
family businesses, real estate, lake houses, ranch land,
farms, rental houses, and family homes. He handles
Texas trust litigation, probate
issues, will contests, estate issues, guardianship cases, breach of fiduciary
duty cases, oil & gas litigation, and heirship
proceedings.
Texas Oil Royalty Inheritance Lawsuits, Texas Mineral
Interest Probate Lawsuits, Texas Mineral Interest & Oil
Royalty Trustee Fraud Lawsuits, and
Texas Oil and Gas Probate Lawsuits
Texas is a
rich state for oil and gas production. Since the Lucas
No. 1 started spurting gas and oil on January 10, 1901,
many gushers and rich oil wells have made oil and gas a main
part of the Texas economy. Throughout the 20th
Century, the Texas economy moved from its rural,
agricultural roots into the petroleum and industrial age.
Many Texas families became extremely wealthy through their oil
royalties and mineral interests
making millions and hundreds of millions of dollars.
Currently, about
2/3 of the 254 counties in Texas produce oil and there are
vast amounts of wealth being made on the
hundreds of millions of barrels of oil and vast amounts
of gas that are produced in Texas each year.
Keeping track of who inherits this wealth and who are the
rightful beneficiaries of royalties, leasing contracts, and
mineral rights can often be complicated as mineral rights
and royalty interests don't always transfer with surface
rights. Families and family trust funds can sometime
lose vast amounts of wealth when negligent or
fraudulent trustees,
administrators,
guardians, or
executors fail to comply with their fiduciary duty.
Texas Mineral Interest & Oil Royalty Rights can be
Complicated to Track and can be Lost if Trustees, Executors,
and Guardians Are Not Honest
Historically, land was transferred among
owners with the mineral interests and royalty rights co-mingled with the surface
rights. In Texas, through originally the power that
controlled Texas lands originally held all mineral interests
unless specifically granted to someone, the State granted surface land owners
mineral rights in their land through constitutional
provisions in 1866.
This transfer made many families rich as
the demand for oil and gas has increased from the late 19th
Century to the present. As oil and gas production began
and expanded in Texas and throughout the United States,
mineral rights started to be viewed and transferred
independently of the surface rights.
According to Texas property law, two
different forms of rights exist in real property including
surface rights and mineral rights. Surface rights refer to
any structure erected above the surface or sub-surface
structures that do not exceed a certain depth, as well as
rights to use all surface property surrounding structures in
accordance with state, federal, and local law. Mineral rights refer to
mineral substances below a certain depth and the way in
which they are preserved, explored or extracted. These
mineral substances can include natural gas, oil, or any
other substance in common use today that can be mined or
otherwise extracted from below the surface.
If mineral rights are severed from the
surface rights, the process of separating mineral rights
from the surface rights can be confusing and cause wealth to
be lost. In situations where mineral interests have
been severed from the surface rights, a new and separate
chain of title for the minerals begins and must be kept
track of and properly recorded. Failure to keep track
of mineral interests can result in the loss of the mineral
interest and loss of oil and gas royalties.
The danger of losing mineral interests
including oil and gas royalties is especially dangerous when
family trust funds are transferred through trusts. One
of the advantages of a trust is that it can pass property
including mineral interests without going through the formal
probate process. Unfortunately, when property passes
through a trust instead of the probate process, it can also
create opportunities for a dishonest trustee to steal trust
property as well as a negligent trustee to lose trust
property as there is often less oversight than in the
probate process.
Texas
Mineral Interest Intestate Law, Texas Oil Royal Inheritance
Lawsuit, and Texas Real Estate Inheritance Lawsuits &
Options?
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
Probate Law Suits, Texas Oil Royalty Breach of Fiduciary
Duty Executor Fraud Lawsuits,
and Texas Real Estate Will Lawsuits
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
Austin Will Probate Lawyer.
Texas Mineral Interest Will
Contest Law Suits, Texas Oil Royalty Will Contest Lawsuits,
and Texas Real Estate Will Contest Lawsuits
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.
Texas Real Estate Trust Fraud Lawyer, Texas Mineral
Interest Trustee Fraud Lawsuits, and Texas Negligent
Trustee Oil Royalty Lawyers (Breach of
Fiduciary Duty
Lawsuits)
Trustees
have a duty to provide an accurate accounting
of property that is put in their safekeeping. Failure
of a trustee to prudently invest property or take care of
these assets can lead to a breach of fiduciary lawsuit.
Unfortunately,
there are trustees that will commit fraud and other
wrongful acts to steal money from trusts and rightful
beneficiaries. Some
of these banks and other trustees will take money that does
not belong to them and treat it as their own. Whether
these negligent or fraudulent trustee are banks, family members, step relatives, or
opportunists, it is important to have a Texas Trust
Fraud Lawyer that can help seek
compensation for the theft or negligent management of Trust
Assets.
For more information on Texas
Breach of Fiduciary Duty Trustee Lawsuits please go to our web
page on Texas Trust
Fund Fraud and Trustee Breach of Fiduciary Duty
Lawsuits.
Texas Real Estate Will and Trust Fraud Lawyer, Texas
Mineral Interest Trust and Will Fraud Lawyers; and Texas Oil
Royalty Inheritance Lawyers
Texas Oil Royalty and Mineral
Interest
Inheritance
Lawyer Jason Coomer represents heirs, family members, and
beneficiaries that need assistance handling probate matters
caused by the death of a loved one. He handles
probating Wills,
Determining Heirs, Partitioning Real Estate,
Contesting Wills,
Fighting Will Contests, Preventing Will Contests, Protecting
Family Inheritance, Protecting Loved Ones, and other probate
matters in Texas. He handles probate matters in Travis
County, Williamson County, Bexar County, and Hays County as
well as works with other Texas probate lawyers across Texas including
Dallas County, Harris County, Fort Bend County, Tarrant County,
and other Texas counties.
For questions on Texas
inheritance law, protecting family businesses or property
through probate, a Texas probate matter, clearing title to
real estate after a death, partitioning real estate after a
death, a Will
contest, preventing a Will contest, or fighting a Will
Contest, please
e-mail Texas
Inheritance Attorney Jason S. Coomer at TexasInheritancelaw@texaslawyers.com or
use our contact form
to submit an inquiry regarding a Probate.
Inheritance and Protecting Family Real Estate, Mineral
Interests, Oil Royalties, and Other Assets through Inheritance
Inheritance is the practice of
passing on wealth or obligations upon the death of an
individual. This allows parents to pass on real
estate, mineral interests, royalty rights, land, buildings,
houses,
businesses, stocks, jewelry, and other wealth to their
children and people that they love. It is estimated
that in the United States over $200 Billion each year passed
down through inheritance to heirs and beneficiaries.
Through Wills and intestate laws, Texas courts determine who
are proper heirs and beneficiaries and allow tremendous
amounts of wealth to be inherited each year. The
amount of wealth including real estate, mineral interests,
royalty rights, land, buildings, houses, businesses, stocks,
jewelry, life insurance, bonds, and gold that will be passed through inheritance is
expected to continue to increase in the next 20 years as
Trillions of Dollars in wealth is passed on through
inheritance.
Unfortunately, a good portion
of this wealth will be lost or stolen as rightful heirs,
lawful Will Beneficiaries, and right Trust beneficiaries
lose track of family wealth or have vultures steal wealth
from their family. It is important to keep records and
an inventory of all family wealth including real estate,
mineral interests, royalty rights, land, buildings, houses,
businesses, stocks, jewelry, life insurance, bonds, and
gold.
Unclaimed Wealth (Real
Estate, Oil Interests, Bank Accounts, & Stock)
In addition to what is
inherited, there is a significant amount of unclaimed wealth
including bank accounts, houses, oil royalty rights, mineral interests, safety
deposit boxes, stocks, and other wealth that is forgotten
about. In our modern society families don't always
live close and some wealth is lost or forgotten. Death
or incapacity is not always anticipated and many people will
unfortunately loose track of stocks, bank accounts, oil
royalties, mineral interests, life insurance, annuities, and other wealth. It is a good idea to keep
a safety deposit box with an inventory of all your assets
and have people that you trust that can get access to your
safety deposit box should something happen to you.
It is also becoming more common
for family members who do not live close to a recently deceased
relative to not know how to handle a probate matter or have
enough information, time, or money to clear title to property. In these
instances it is good to locate a local Texas Probate attorney that can
assist in appraising an estate including real estate,
mineral interests, oil royalty rights, buildings, and
houses to determine if it would be beneficial to probate an
estate or to determine the most efficient method to clear
title to property.
Texas
Oil Mineral Interest Inheritance Lawyer, Jason Coomer helps families evaluate the
estates of their lost loved ones to determine if a full
probate is necessary and if so if the probate is
economically feasible.
Eagle Ford Shale Real Estate Lawyer, Eagle Ford Shale Lease Lawyer,
Eagle Ford Shale Beneficiary Lawyer, Eagle Ford Shale Royalty
Interest Lawyer, Eagle Ford Share Title Opinion Lawyer, and
Texas Eagle Ford Shale Inheritance & Probate Lawyer
Texas
Eagle Ford Shale
Oil Royalty and Mineral Interest Lawyer, Jason Coomer handles
Eagle Ford Shale inheritance issues, Eagle Ford Shale oil production fraud cases,
Eagle Ford Shale intestate issues,
Eagle Ford Shale trust fraud lawsuits, and
Eagle Ford Shale probate matters
in Travis County, Williamson County,
Bexar County, and Hays County as well as works with
other Texas Mineral Interest and Oil Royalty Rights probate lawyers across Texas including
Dallas County, Harris County, Fort Bend County, and
Tarrant County.
For questions on Texas
Real Estate, Oil Royalty Rights, and Mineral Interest
Inheritance, Trust, and Probate Lawsuits, please feel free
to send an
e-mail to Texas Real Estate, Oil Royalty Rights,
and Mineral Interest Inheritance Attorney Jason S. Coomer at
TexasOilRoyalProbateLawyer@texaslawyers.com.
The Law Offices of Jason S.
Coomer, PLLC
406 Sterzing, Second Floor
Austin, Texas 78704
(512) 474-1477
jason@texaslawyers.com
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