Since my father passed away 3.5 years ago, I have received a handful of lawsuit/settlement postcards in his name and then eventually settlement checks. They are always really small but I still dislike throwing money away. His estate is closed so with no place to deposit them they expire. All my paperwork is up to date with all the different county clerks offices.
What’s the best way to handle?
Hope the law firm is gonna take the time for me to prove ownership and review all my documents? I tried with one before and didn’t hear anything back.
It’s obvious they aren’t going to update all the title/owner paperwork before contacting the Settlement Class.
Anyone else on the forum figure out how easiest to get all there ancestors settlement monies?
Thanks!
For reference, this is in Hughes Co. Oklahoma
Kawulok-JMA Energy Settlement
The law firm is working off a party list at the time of the original filing. Send them a copy of the final order and distribution on the estate. Make sure to highlight the order and percentage of distribution, then request the payments be re-issued due to the estate being closed. Good luck
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That’s what I was anticipating. Appreciate your insight, thanks James!
You won’t have these problems with large successful operators. This is poor boy problems. Don’t lease to small operators
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If an oil operator don’t have 50 million a year revenues they aren’t qualified to lease your minerals. Stick with 50 millions or up gross revenue operating companies or u are borrowing trouble
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There are plenty of great small operators in Texas.
They are all great operators til u can’t find them
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These are underpayments from leases that were signed by my father and even grandmother.
One of the last lawsuit settlements was with BCE-MACH. Not sure if that’s large enough for your standards? We don’t often have much say into who the operator is.
In the final probate order there is normally and after-discovered asset provision. It basically covers how anything that pops up after the probate is to be distributed. If that is the case you may be able to provide a copy of the order and request that the proceeds be reissued as shown in the order. While technically correct, don’t expect quick results.
Notice: Informational only. No attorney-client relationship is formed by this post. I am an Oklahoma-licensed attorney, but this is not legal advice. Do not share confidential facts in this public space.