We own minerals in the ND Bakken field and have a Revocable Trust in another state in which we live. We have an article in our trust that passes the minerals to our children. However I recall several years ago that someone on the MRF indicated it would be better to have the minerals in a separate trust because of the ND mineral law. Cannot remember anything more specific than that.
Anyone here that has any opinion on this? Or knows a ND attorney that could advise.
Thanks.