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Ohio Life Estate & value of oil & gas leases

Posted on: 04th Oct, 2011 04:47 am
In our area of Ohio, we are currently signing leases with oil & gas companies for the Utica Shale. From my mother's will, I have a life estate with my son as remainder. My question is how do I find out the value of the life estate in regards to any royalties that will be earned. My son & I have very different views.

Thank you!
Hi Zita,

You should contact a real estate attorney in this regard and he will assist you in this matter and let you know the value of the life estate in regards to any royalties that will be earned.

Thanks
Posted on: 04th Oct, 2011 08:33 pm
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