Record Wealth Transfer. Over the next 30-40 years about $12 trillion from those born in 1920s and 30s will be transferred to the baby boomers, and the boomers are expected to transfer some $30 trillion to their heirs, with more than an estimated $59 trillion transferred from 93.6 million American estates from 2007 to
Property Issues
Finding Fault with Fracing – Lawsuits and Earthquakes
By Cleve Clinton on
Posted in *BTW - Noteworthy, Property Issues
Lisa Frick, our fictional Denton resident, who collected anti-fracing ordinance signatures to put on the Denton City Ballot now complains that fracing near old Texas Stadium caused earthquakes that harmed her twin sister Linda. Linda wants to sue our November fictional friend Frac Petroleum Company, contending that her Irving home was damaged by the January…
Differences Between Surface & Mineral Estate Ownership
By Jamie Ribman on
Posted in Property Issues
Seldon Wright, an accountant, searched for years to find the perfect piece of property to open his tax preparation business, Many Happy Returns. At long last, Wright finally located and purchased an ideal parcel from Molly Kuehl, a physicist at the local university. Several months after Wright finished construction of his office and opened for…