Q. For tax purposes, is it better to take a monthly payment which will result in depletion in less than 10 years, or make it go longer than 10 years? Say, an amount of $250,000.
A. It’s impossible to say, for sure. The best you can do is make some assumptions about the variables involved and run pro-forma tax returns for the next 10+ years. It might be a good idea to just take what you’ll need.