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    #1

    Mineral rights trust

    No experience with these although it is my wifes family. Are these typically setup as a grantor trust and what are the filing requirements? Pretty general I know but I am not sure where to start.
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    #2
    Not really enough info here to comment. Are you looking to put mineral rights into a trust now? Or are these already in a Family Living Trust? Is there a trust document (there must be to do a trust.) Grantor RLT trusts usually do not have to file a 1041, but other types do. Is there any current income from these mineral rights? I am going to refer you to a website called Mineral Rights Forum for some interesting information on these: https://www.mineralrightsforum.com/f...ource=activity
    Last edited by Burke; 03-05-2011, 03:50 PM.

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