Don’t wait on politicians, economic circumstances, or the dartboard of development to dictate your financial security.
Although leaving mineral rights and royalties to your heirs may sound like the best solution, after being divided several times, the actual cash flow that your heirs may receive is minimal. Clean up your estate and save your heirs from the probate and title transfer process.
Eliminate the uncertainty of fluctuating royalty payments. Many owners only have mineral interests in one or two areas of an active play, or outside of the active play altogether. This puts you at the mercy of the “dartboard of development”. Manage your risk by selling your mineral interests and invest in safer investments or 1031 Exchange.
Paperwork, accounting, administration and management of your mineral assets can be tiresome and confusing. Trading your mineral interests for a lump sum payment dramatically simplifies estate planning and trust management, allowing you to spend your time more productively.
Apply the lump sum toward important family priorities, such as college expenses, a home improvement project, retirement, or perhaps even a much-needed family vacation.
Mineral rights owners can be subject to a number of annoying and burdensome tax requirements. Eliminate this expense and accounting headache by divesting your mineral interests.
Many mineral owners use the sale proceeds to pay off debt, such as high-interest credit card balances, medical bills, a mortgage, or a car loan.