End the constant hassle of record keeping and paperwork.
Administrative Hassle. Other more benign reasons to sell oil royalties revolve around administrative issues such as estate planning, inheritance planning, elimination of burdensome paperwork, elimination of taxes, and divesting of royalties of insignificant size. All of these represent elimination of the “hassle factor” of owning interests which may not suit your circumstances.
Selling your minerals can simplify your life by reducing paperwork. Owning oil and gas minerals can involve a lot of time and effort, including: negotiating and signing a lease; signing division orders; tracking royalty payments; and preparing property and federal income tax forms. Additionally, if you are selling a portion of your minerals to us then we can potentially manage your remaining minerals for you.
Estate Liquidation & Management Ensure your loved ones are taken care of. It is easier to distribute cash assets to your heirs than it is to divide property and royalties. By choosing to sell your interests today, Consolidated Minerals will save your family and friends the time and expense associated with managing your mineral interest.
Managing your mineral rights, oil royalties or gas royalties can be time-consuming, and many owners choose to forego the hassle, so they sell them in order to simplify their lives.
Turn your monthly checks into a large lump sum payment
Typically, it’s easier to liquidate mineral rights while the owner is still living. Ownership of mineral rights in multiple States or in a State where the owner does not reside can also complicate things for their loved ones after their passing. It can be much easier when distributing cash assets to heirs than it can be to sell and/or divide properties following the owner’s passing.
The extra money generated from selling your minerals could be used where you need it most – whether that’s paying off debts or setting up a college fund. Turning your non-liquid assets into liquid assets also helps to clean up your estate and makes it easier for you to leave money behind for your loved ones.
