This article will address the tax consequences of the funding of a short-term trust with an interest in oil or gas wells. At the end of this article there is set forth as Appendix 11 a form of short-term trust which could be used for this purpose. Appendix 11 contains an example of a situation where such use would be appropriate and a computation of the tax savings which can be generated by the use of such a trust.
Malone, Robert W.
"The Use of Short-Term Trusts in Conjunction With Interests in Oil or Gas Properties: A Practitioner's Guide,"
Akron Law Review: Vol. 15
, Article 2.
Available at: https://ideaexchange.uakron.edu/akronlawreview/vol15/iss2/2