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Updated over 2 years ago on . Most recent reply
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Family land drama / private foundation? 28 yrs old.
Hello,
My family has 15,000 mineral acres in south texas as well as 5,000 surface acres. The last three generations have lived off of oil & gas well royalties and it is all going to **** if I am being honest. Selling land left and right, grandparents did not invest, etc.
How can I turn this around? Create my own foundation with the 200-300 acres I will inherit in 20 yrs? Convince my dads generation to allow me to inherit a few acres right now and I can maybe try to multiply that into more capital and create my own foundation?
I am at a loss for words. Any help and advice is appreciated.
Thank you.
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- Real Estate Broker
- Cody, WY
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Quote from @Tyler Sample:
Oil and gas goes through cycles, so hang on and it will come back. Green energy is failing to produce the results promised or anticipated, and I think more people are starting to see that it's not truly "green" as we were told.
Build your own life. Anything you inherit will be a bonus.
- Nathan Gesner
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