My father inherited 1/3 of a quarter interest in 480 ac in Ellis Co. 23N-23W, some in Section 29 & some in Section 28. We just probated their estate in Utah but we would need to do an ancillary probate to get title for these. Assuming that happens, what is the “going rate” for mineral rights in the area for a 1/4 interest of 160 ac. and would a buyer ever consider covering the cost of the probate as part of the deal?
Thank you for any thoughts, ideas, or advice!