Mineral probates in Oklahoma often involve families who did the “right things” during life: they created a revocable trust, paired it with a pour-over Will, and intended to make administration as simple as possible. Even with good planning, mineral interests frequently still require probate. The issue is not the trust itself, but how mineral title […]
Here is the problem. Title in many assets does not automatically pass to the relatives without a court order. Troublesome assets include: Real Estate Oil, Gas, Royalty and Mineral Interests Vehicles Bank Accounts Often children or even a spouse may find that they are unable to sell, mortgage or transfer the property because “title” is […]