Oil & gas activity in the Utica and Marcellus shale formations continues to generate a lot of buzz. And if you are a landowner in these particular regions, chances are good that you’ve already been sought after for your mineral rights.
On this episode of unsuitable, Scott Moyer, a principal in Rea’s Zanesville office and founder of The Four Pillars Strategy for Landowners, talks about what’s going on in the oil & gas space these days. We also learn more about the wealth management and asset protection options available to landowners in the Utica and Marcellus shale regions.
Cover Your Assets
Keeping mineral rights in your name can open you up to risk, so if you are a landowner who is considering entering into a contract with oil & gas company, you need to make sure to protect yourself and your assets from economic and/or environmental liabilities and personal financial issues by setting up a family LLC. Taking steps to protect your assets will also help streamline the transfer of your wealth to the next generation. There are additional tax savings strategies available that can be helpful today and further into the future.
If you are in the Utica and Marcellus shale regions, or other areas of the country with rich mineral resources, listen to this episode to discover:
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