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Colorado Oil & Gas - Probate & Intestate Matters

Transferring Oil & Gas Rights & Royalties

In order to protect your estate for your intended heirs, it is imperative you consult with a Colorado oil and gas law attorney regarding the necessary preparation of probate matters. Depending on your needs, several different deeds may be used for tax planning & gifting of mineral & royalty interests, including:

  • Joint Tenant Deed - Undivided co-ownership is transferred to two or more parties and upon the death of one, his or her share is transferred to the remaining owners in equal shares.
  • Life Estate Deed - The right to receive revenues from oil and gas production applies to the grantee as long as he or she is alive. Upon the grantee's death, the right to receive revenues is transferred back to the grantor.
  • Quit Claim Deed - Transfers mineral, royalty or overriding royalty owned with no warranty of title. Also called a quick claim deed.
  • Mineral Deed - Ownership of the royalty interest is transferred, along with the receive bonus payments and execute leases.
  • Royalty Deed - Only the ownership of the royalty interest is transferred, not the right to receive bonus payments or execute leases.

Colorado Oil and Gas Lawyer

Feldmann Nagel Cantafio & Song PLLC, is adept at determining creative solutions for all your probate legal matters. If you are a rightful heir and the deceased has passed intestate, we can fight to protect your rights. Our legal team can also assist in matters of ancillary probate, whereby the oil royalties to be transferred are not located in the same state as the decedent. As needed, we can also prepare an affidavit of heirship. We are rated under the Martindale-Hubbell Peer Review Rating System and have the extensive experience necessary to help protect your estate.

Contact a Colorado oil and gas law attorney for questions regarding probate and intestate matters.