Probate Lawyer Oklahoma City
Guidance Through The Probate Process
If you are seeking a probate lawyer Oklahoma City, Jim A. Lyon Law Firm has more than 30 years of probate experience.
When you choose the Jim A. Lyon Law Firm in Oklahoma City for probate law, you are choosing experience. We are a local OKC law firm experienced in probate law, understanding that our experience can help you achieve the results you need.
Probate With Oil And Gas Properties
Probate becomes even more complex when an estate includes oil and gas land. Our knowledge of both probate law and oil and gas law allows us to handle these challenging issues so that you and your family can continue to get royalty payments.
Is the oil and gas land in Oklahoma, or is it in Texas or another state? Was the oil and gas property addressed correctly, or at all, in the deceased’s will? Is royalty money being held in suspense by the oil and gas company? Regardless of the specifics, you can count on our experienced guidance.
An ancillary probate is a separate probate that needs to be conducted for any assets owned outside of the deceased’s home state. For example, if an individual in California owned oil and gas land or mineral rights in Oklahoma, an ancillary probate would need to be conducted in Oklahoma in addition to the primary probate that was conducted in California.
The need for this process often catches family members by surprise. They conduct probate in the deceased’s home state and think everything is okay, until the oil and gas company stops sending royalty checks. The checks will be suspended or turned over to the state in unclaimed property until an ancillary probate is conducted in the state where the oil and gas property is.
We have become a go-to law firm for probate law in the Oklahoma City area. Many Oklahoma ancillary probate cases are referred to us by fellow lawyers and other parties from around the country. The majority of these cases involve oil and gas royalties or mineral rights. We handle Oklahoma ancillary probates for out-of-state clients, as well as guidence to local probate law clients with ancillary probates in other states.
While our goal is to usher families through the probate process as efficiently as possible, the reality is that these are emotional times and disputes may arise. When a will contest or other dispute arises during the probate or estate administration process, we can help.
Our attorneys will protect your interests in negotiation or trial as necessary.
Read some of our recent articles on probate law.
The word “probate” means an individual who proves or validates something. In the case of probating a will, a court of law will prove that a will is authentic and provides a true representation of a deceased individual’s intention. Even if a last will and testament represents a person’s interests, the state of Oklahoma requires it to meet several standards Read More
There are some distinct advantages to creating a trust or will in the state of Oklahoma. These estate planning tools let individuals decide who receives the assets of a deceased individual. If a person does not have a will, courts in the state of Oklahoma will divide property in accordance with established law. During this process, courts will assess the Read More
When individuals die without having an adequate estate plan in place, their estates will proceed through the probate process. Probate has the disadvantage of sometimes lasting for a long period of time. Fortunately, there are some methods that individuals can use to avoid the probate process. A skilled attorney will be able to help an individual determine the various methods Read More
A “portability election” refers to the ability of a surviving spouse to claim the unused portion of the federal estate tax exemption for a deceased spouse and add this amount to the balance of the surviving spouse’s own exemption. In January of 2017, the Oklahoma Supreme Court decided a case concerning a unique aspect about the amounts in portability elections. Read More
Will your family go through the probate process after the death of a loved one? In probate, a person's assets are valued and distributed to heirs, debts are settled, and property ownership rights passed to the intended beneficiaries. In some cases, the probate process is smooth, if not time-consuming. Certain estates involve more complex factors, such as out-of-state property holdings, and Read More
Acting as the executor of a loved one's estate can be a daunting task-both emotionally and logistically. For starters, if a loved one had a large estate that needed to be distributed, it would be your job to go through every single item of the deceased's estate to ensure that it was accounted for-a time consuming and meticulous task. Emotionally Read More