WHY SELL?
Many mineral and royalty owners sell their interests for the following reasons:
- They want to clean up their estate and save their heirs from the complicated and expensive title transfer process.
- They live off their royalties and would be much more secure if they sold and reinvested the proceeds in safer investments.
- They have an immediate need for cash, but don’t want to build up high-interest credit card debt.
- They want to put an end to all the record keeping and paperwork.
- They want to take advantage of the lowest long-term capital gains tax rate since the Great Depression (15%) before Washington follows through on promises to let the Bush tax cuts expire.
- They have medical bills that aren’t covered by health insurance or Medicare.
- They want to pursue an attractive business opportunity.
- They want to donate to a worthy cause.