Mineral Rights & Property Division
Helpful Advice from a Colorado Oil & Gas Lawyer
Have you decided to get a divorce from your spouse? Part of the divorce negotiations will revolve around the fair and equitable division of the property that is associated with the marriage. If you and your spouse made the decision to purchase land that contained mineral rights, you will have to determine who owns these rights after the divorce. In order to protect your rights and your best interests, it is wise to enlist the help of a Colorado oil and gas lawyer before proceeding with the divorce process.
The experienced team at Feldmann Nagel Cantafio & Song PLLC can help you pursue a fair divorce settlement regarding land on which no gas or oil leasing has yet occurred and also regarding land that is currently producing revenues for you and your spouse. We have handled numerous divorce cases that involve mineral and drilling rights, and we have a thorough understanding of your rights under the law.
Dividing Mineral Rights in a Divorce
Just like any other property, current and future drilling and mineral rights can be divided through a divorce. Our dedicated team of lawyers can provide you with the legal representation and counsel you need to move smoothly throughout your divorce and the property division process. If you owned the mineral rights prior to the marriage, the Court should grant you the mineral rights upon divorce because it is considered to be "separate property" under the law.
The legal regulations regarding the division of property during a divorce can be complex and confusing. The family law court is responsible for dividing marital property and allocating responsibility for payments of debts that incurred during the marriage, and you need a legal professional who will advocate for you during this process. The team at Feldman Nagel & Associates, LLC can help you understand how property division works and protect your rights throughout the entire divorce process as well.
Contact a Colorado oil & gas attorney from our distinguished law firm to learn more about property division of mineral rights.