Texas Estate Unclaimed Property, Texas Unclaimed Property Heirs, Texas Unclaimed Property Beneficiaries, Texas Estate Royalty Interests, and Texas Probate Mineral Interests

Texas Estate Unclaimed Property, Texas Unclaimed Property Heirs, Texas Unclaimed Property Beneficiaries, Texas Estate Royalty Interests, and Texas Probate Mineral Interests
by Texas Probate Royalty Interest Lawyer, Texas Estate Mineral Interest Lawyer, Texas Estate Unclaimed Property Lawyer, and Texas Probate Unclaimed Property Lawyer Jason Coomer

In Texas, the state is currently safekeeping over $2 billion in assets entrusted to it from a variety of sources, including unclaimed utility deposits, dormant bank accounts, unclaimed wages, safety deposit boxes, insurance policies and uncashed checks.  In fiscal year 2010, the state returned more than $160 million in such assets.  Many of these assets will need to go through probate before they can be distributed to the heirs of estate or beneficiaries of an estate.

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 Claiming Texas Estate and Probate Unclaimed Property, Mineral Interests, and Royalty Information.  

Texas Estate Unclaimed Property Lawyer, Texas Unclaimed Property Heir Lawyer, Texas Unclaimed Property Beneficiary Lawyer, and Texas Unclaimed Property Probate Lawyer Handles Probate and Estate Matters for Texas and Out of State Beneficiaries and Heirs  

It is becoming more common for family members not living close to a recently deceased relative to not know what is in the decedent's estate and not know how to clear title to mineral interests, houses, and other real property or claim personal property including bank accounts, royalty income, retirement funds, life insurance, and unclaimed property in the decedent's estate.  In instances where there are significant assets in the estate, it can often be a good idea to locate a local Texas probate attorney that can assist in collecting the estate assets and moving the estate including real estate, mineral interests, bank accounts, and houses through the probate process. 

Texas Oil Royalty Inheritance Lawyer, Texas Estate Mineral Interest Lawyer, Texas Estate Oil and Gas Royalty Lawyer, and Texas Estate Oil and Gas Lawyer

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 sometimes lose vast amounts of wealth when Texas estate mineral interests, Texas estate royalty income, and Texas estate real property is not properly probated.  If your family has lost significant Texas mineral interests, royalty income, or real estate, it can be extremely beneficial to hire a Texas estate mineral interest lawyer, Texas estate royalty income lawyer, or Texas estate real property lawyer to help probate a loved one's estate and claim estate property for the rightful heirs and/or beneficiaries.

Texas Estate Unclaimed Property Lawyer, Texas Unclaimed Property Heir Lawyer, Texas Unclaimed Property Beneficiary Lawyer, and Texas Unclaimed Property Probate Lawyer Helps
 Locate Unclaimed Texas Wealth, Estate Assets, and Non-Probate Assets (Real Estate, Oil Interests, Bank Accounts, & Stock)

In our modern society when families can be spread through the World and significant wealth can be lost, stolen, or forgotten.  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.  

For more information on collection of unclaimed property including Texas mineral interests, Texas royalty income, Texas unclaimed property, Texas bank accounts, Texas life insurance policies, and other Texas estate property, please feel free to follow this link to Claiming Texas Estate and Probate Unclaimed Property, Mineral Interests, and Royalty Information.