Last year we received a tax invoice from Rusk County, Texas, for $83 and change. It was property tax, our share, on an oil well there that had been passed down from the Zeppa family. Dana was insistent that we pay it so we did and then I never followed up. She's got various small interests (they call them splits) in oil wells all over and although it doesn't add up to much it does generate a little income. But no one has done the work to keep track of it. There is no list anywhere, no spreadsheet, no central accounting. Mark, Dana's brother, turns out to be a sloppy lawyer. Smart, a nice guy, but crap at book keeping and tracking stuff. And he was the executor of Mom's estate. And Dana isn't any good at such.
I've begun to have an inkling at how things went from a multi-million dollar oil conglomerate to a company that exists only in memory and a ball cap with the logo on it that was stapled on a restaurant wall before I stole it.
After spending about 20 hours of work on the project I finally have things nailed down for that one well. We're going to get our $83 and change back and they can keep this year's invoice. Works out to about $4/hour paid from money that was our in the first place.
Money saved is money earned. I guess. I think the other two brothers just ignored the tax notice. Sloppy but smarter than me.
Meanwhile there are 11 more oil interests that have never been claimed. No one (AKA, brother Mark) ever bothered to send the paper work in to direct the money towards the right accounts (AKA, ours).
I've got all the paperwork and now just need to find out what to send where. And then wait three months while they get around to processing it. Eventually we'll be getting monthly checks. For something like $20.
Not like I have anything better to do.
Other than ride my bike. Think I might do that.
I've begun to have an inkling at how things went from a multi-million dollar oil conglomerate to a company that exists only in memory and a ball cap with the logo on it that was stapled on a restaurant wall before I stole it.
After spending about 20 hours of work on the project I finally have things nailed down for that one well. We're going to get our $83 and change back and they can keep this year's invoice. Works out to about $4/hour paid from money that was our in the first place.
Money saved is money earned. I guess. I think the other two brothers just ignored the tax notice. Sloppy but smarter than me.
Meanwhile there are 11 more oil interests that have never been claimed. No one (AKA, brother Mark) ever bothered to send the paper work in to direct the money towards the right accounts (AKA, ours).
I've got all the paperwork and now just need to find out what to send where. And then wait three months while they get around to processing it. Eventually we'll be getting monthly checks. For something like $20.
Not like I have anything better to do.
Other than ride my bike. Think I might do that.