Texas Estate and Inheritance Unclaimed Property Lawyer Helps Heirs, Beneficiaries, Families, and Executors Resolve Inheritance and Probate Issues to Claim Texas Inherited Unclaimed Property by Texas Estate and Inheritance Unclaimed Property Lawyer Jason Coomer
Many families lose a significant amount of wealth and inheritance through probate. More specifically, a loved one dies and their wealth is never distributed to their heirs or beneficiaries. Texas Estate and Inheritance Unclaimed Property Lawyer, Jason Coomer, helps families who have a significant amount of wealth stuck at Texas Unclaimed Property because of inheritance issues. For questions on collecting significant unclaimed property or lost property through probate, please feel free to send an e-mail message to Texas Probate Unclaimed Property Lawyer, Jason S. Coomer or use our contact form to submit an inquiry
Families Should Check Their Deceased Relatives Names With Texas Unclaimed Property to Ensure Significant Wealth is not Lost
As people get closer to death, their health often fails. In many situations, they lose track of some or all of their assets. Bank accounts, investment accounts, mineral interests, insurance policies, retirement funds, and other wealth is commonly fogotten. When this happens a signigicant wealth can be lost or can go to unclaimed property. Further, after the death of a loved one, many family members are busy greiving and do not investigate the wealth that their family member had before their death. Also when this happens a significant wealth can be lost.
Families With Significant Wealth and Inheritance Stuck in Texas Unclaimed Property Commonly Need Assistance in Resolving Inheritance Issues to Collect the Wealth
In helping these families, Texas Estate and Inheritance Unclaimed Property Lawyer Jason Coomer needs proof that a significant amount of wealth is at Texas Unclaimed Property under a family member's name as well as information regarding the deceased family member's heirs or beneficiaries. More specifically, they need to know who the heirs or beneficiaries of the deceased are. In helping families resolve probate and inheritance issues related to unclaimed property, his office has helped families collect oil royalties, gas royalties, bank accounts, life insurance, stocks, retirement funds, gold, proceeds from sold real estate, and other wealth.
Texas Unclaimed Property Has Collected Over $5 Billion in Texas Unclaimed Wealth
For this reason Texas Unclaimed Property was created to collect unclaimed wealth including bank accounts, houses, oil interests, safety deposit boxes, stocks, investment accounts, and retirement accounts. While not all wealth is properly turned over to Texas Unclaimed Property, they have collected and returned over $3 billion to families. Further, they are currently holding over $2 billion in wealth that belongs to families. A large portion of this wealth belongs to heirs and beneficiaries.
In claiming lost wealth, it is usually best to check with the state where the decedent was living to determine if that person's assets have been collected by the state. The following link can be used to check Texas Unclaimed Property. However, this is not the only place that should be investigated as many financial institutions, oil companies, banks, trusts, large corporations, and insurance companies, keep assets for an extended period of time or send the property to other states. For more information on collection of unclaimed property, please follow this link to Texas Estate and Probate Unclaimed Property Lawyer.
Texas Mineral Interests Can Pay Out 10 Years, 20 Years, or 30 Years After an Initial Investment Creating Significant Inherited Unclaimed Property
Texas is a huge oil and gas producing state. As such, mineral interests including royalties and working interest creat a significant amount of wealth. Further, these mineral interests can take years to produce. More specifically, technology and changes in the market can cause once unproductive mineral interests to start producing significant wealth. Such a shift in technology has occurred over the past ten years making many old leases and mineral interests extremely valuale. However, during the time it took for many of these interests to become viable, numerous owners have died. If you believe your family members owned significant mineral interests, a first step may be to check unclaimed property to determine if production revenues have been paid to Texas Unclaimed Property. You also may want to track these mineral interests to determine where the interests are located and who the current record title owner of these interests are.
If Significant Wealth is Held By Unclaimed Property, Contingent Contracts Can Sometimes Be Arranged to Help Resolve The Inheritance Issues and Claim the Wealth
Texas Probate and Inheritance Unclaimed Property Lawyer works with heirs and beneficiaries of significant sized estates to help them gain control of their loved one's estate. Further, he helps these heirs and beneficiaries claim unclaimed property. In many cases, your loved one's estate will need to go through a will probate or a suit to determine heirship to claim the wealth. These probate processes can be expensive, but if there are significant assets in the estate, the investment can be well worth the cost. Further, if there are significant assets in the estate, the probate process can sometimes be handled on a contingent contract or a hybrid contract. For more information, please see the follow web page: Texas Contingent Probate Lawyer.
The Probate Process and Inheritance is Expected to Become More Common with Hundreds of Billions of Dollars in Property Being Passed Down Each Year and in the Future Trillions of Dollars in Inheritance is Expected to be Passed Down
It is estimated that in the United States over $200 Billion each year is passed down through inheritance to heirs and beneficiaries. Further, most of this nation's wealth is currently held by seniors, people who are over 65 years of age. It is expected with our aging population, that the amount of inheritance that will be passed through the United States Probate System will continue to increase in the next 20 years as Trillions of Dollars in wealth will be passed on through inheritance. Families who keep their wealth will be the most successful moving forward.
Texas Estate and Inheritance Unclaimed Property Lawyer Commonly Helps Out of State Families Who Need Help Collect Texas Wealth Including Texas Unclaimed Property
In our modern society families don't always live close and many families move out of state. Further, after the death of a family member, survivors commonly move out of Texas. When this occurs, it is common for some family wealth to be lost or forgotten. Further, families members living out of state don't always know what assets their parents, siblings, or grandparents have. Combine this missing information with a lack of communication from family members facing death or incapacity and wealth is commonly lost. As such, it is often good for other of state families to search Texas Unclaimed Property for their deceased family member's name as well as to hire a Texas probate lawyer to help locate family assets after the death of a loved one.
Many Families have Spread Out Across The United States and Throughout the World, Therefore it is Often Helpful to Hire a Texas Probate Lawyer to Assist with the Texas Probate Process and to Handle Estate Issues
Many families have spread out throughout the United States and around the World. For many families, gone is the time where several generations live with in a few miles of each other in the same town, city, or county. This disbursement of families can make it difficult, when a family member in Texas passes away.
It is often helpful to speak with and hire a Texas probate lawyer to help take care of many of the probate issues. A Texas probate lawyer can help "out of town" relatives through the probate process and taking care of the estate. This is extremely helpful when relatives and loved ones want to focus on the grieving process instead of learning Texas Probate Law and navigating Texas Probate Courts.
Texas Estate and Inheritance Unclaimed Property Lawyer Handles Probate and Estate Matters for Texas and Out of State Beneficiaries and Heirs
Austin Texas Estate and Inheritance Lawyer, Jason Coomer handles handles Will Probate, Estate Matters, and contested Wills in Travis County, Williamson County, Bastrop County, Hays County, and several other central Texas counties. He also works with other Texas probate lawyers across Texas on large estate cases including Dallas County, Harris County, Fort Bend County, and Tarrant County. He works to protect the wishes and best interests of his clients. He claims, transfers, and protects family wealth for his clients. For questions on specific inheritance issues, please e-mail Austin Texas Estate and Inheritance Attorney Jason S. Coomer or use our contact submission form.
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