Last month, Paul Rushton, the Chair of our Business & Finance Department, was a guest on Stone House Retirement Income Planners’ Blue Collar Wealth podcast!
During the podcast, Paul was interviewed by host Bob Brown about a variety of issues relating to managing natural gas lease assets, estate planning, and liability protection for natural gas lease holders. Bob and Paul discussed the use of limited liability entities to own natural gas assets, such as Family Limited Partnerships (FLPs) and Family Limited Liability Companies (LLCs), and the various issues that should be considered in deciding upon the natural gas assets to be transferred to such entities and the manner in which such entities should be managed. The episode also included a discussion about why it is advisable for natural gas lease holders to consider taking these steps and/or making additional gifts of interests in these entities at this time.
To watch the full episode, visit https://youtu.be/M6S1Vl1oytg
Paul regularly advises natural gas lease holders about these issues and can be reached at 570-826-5623 or prushton@rjglaw.com.