Estate PlanningProbate and its Alternatives

The Trust as a Valuable Estate Planning Tool for Mineral Owners

Trusts have long been a mainstay for estate planning because the various types of trusts and their features provide increased flexibility and control. Unlike a will, a trust can allow you to avoid probate as well as structure the management of assets for yourself and your loved ones, gain better control over distribution of your…

Estate PlanningProbate and its Alternatives

The Beneficiary Deed as a Valuable Estate Planning Tool for Mineral Owners

In this time of uncertainty, real property owners, including owners of mineral interests, are feeling an increased responsibility to set their estates in order. Probate proceedings can be expensive and time-consuming for loved ones, so many people are turning to alternative estate planning tools, like revocable trusts,1 to transfer real property outside of probate. Another…