After reviewing many of the posts regarding mineral rights inheritance in Louisiana, I could not find a reply to one poster's question on the value of forming family LLCs to hold mineral rights. Evidently, many LA attorney's recommend them but I have yet to see anyone list compelling reasons for relatively small mineral rights owners to go to the expense to form one.
In my case, I collect relatively small royalties from some 40 wells scattered on many small lots spread throughout…
ContinueAdded by Les on September 25, 2011 at 11:42 — 7 Comments
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