We've been discussing our author legacy, our estates and how to best prepare our businesses for our heirs. But there's another side to this, and that's becoming an heir to an author estate. If your relative is an author or creative, then they will have intellectual property that will become your responsibility. Inheriting IP rights can be overwhelming, so let's make the process a little easier for you. Today, the Alliance of Independent Authors discusses estate planning for heirs and the process of inheriting Intellectual Property rights.
Thinking about one's death is a difficult topic at the best of times. But it's something that eventually, we all have to face. When you're an author, and you have intellectual property, having a will is even more important to ensure your IP rights are inherited by your rightful heirs. Today, the Alliance of Independent Authors discusses estate planning for authors.
How to safeguard your rights for your heirs by appointing literary executors - because even if you're not yet making a fortune, you may become a posthumous bestseller! Maggie Lynch shares her own experience of planning her literary estate.
As indie authors, we may plan never to retire or to stop writing - but what will happen to our work when we die? To our royalties? To our rights? Micro-publisher Karen Myers offers some pointers on estate planning for indie authors.