Your songwriting copyright will transfer after your death, but who they transfer to is a decision you should make while you are still alive. It comes down to your will and how you plan for your inevitable demise.
If you own a business, two of your top priorities will likely be saving money and protecting your company from unnecessary conflict. Unfortunately, these priorities can come under fire if you become involved in a dispute.
Estate planning is a beneficial way of planning where your property and assets will go after you pass away. Many people are unaware that you can also set a trust for your pets.
When creating an estate plan, there are lots of situations to go over. It can feel like an overwhelming exercise.
If you are a collector, you know that it can be much more than a hobby. You know that it takes time, effort and often financial investments to research, safeguard and add to the collection. It makes sense, then, that you would want to protect your valued collection and ensure it is in good hands if you pass away or become incapacitated.
Creating a will or an estate plan is something many people think of doing from time to time, but then put it off. They might not want to think about end-of-life care or they can get feel overwhelmed by the steps they feel it takes to protect their wishes and assets.
One of the most helpful tools you can provide to your loved ones in an estate plan is a detailed, updated inventory of your assets. This information can make the probate process easier to navigate, as it can prevent a personal representative from having to spend a lot of time identifying your assets and tracking them down.