Putting Land, Oil or Gas Royalties or Leases Into a Trust

In this brief clip from our Wine & Wills Virtual Happy Hour held on July 21, 2020, Attorney Landon Hodges explains the process of putting a oil or gas royalty or lease into a trust, and also distinguishes the difference between the oil or gas itself, the lease, and the land that it sits under. Long-Term Care Planner Kristin Daugherty also notes the difference in value of leases that aren't currently producing anything as it relates to it being in a trust.