[WSBAPT] oil & gas leases to be titled in living trust

[Heather de Vrieze]

Only cons are costs, as usually it requires hiring Texas counsel and preparing and recording deeds, then updating all of the companies paying the leases or royalties.

Heather

Heather S. de Vrieze
Attorney-at-Law
[cid:image001.jpg at 01D98720.8FCF21C0]
3909 California Avenue SW
Seattle, WA 98116-3705
(206)938-5500
heatherd at westseattlelaw.com<mailto:heatherd at westseattlelaw.com>
www.westseattlelaw.com<http://www.westseattlelaw.com/>
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Jenna Brozik
Sent: Monday, May 15, 2023 11:05 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] oil & gas leases to be titled in living trust

My clients, who are married,  own a couple of Texas oil & gas leases in which they receive about $300-$400 in income each year.  They would like to title these in the name of their Living Trust.

Has anyone dealt with these before and titling them in a Living Trust?  Any cons to doing so?

Thanks,

Jenna Brozik
Managing Attorney
PRINZ & BROZIK PLLC
445 S. Grand Avenue
Pullman, WA 99163
509-338-0908 Telephone
509-338-3527 Facsimile

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