Friday, April 8, 2016

WILLS

When you have books under contract, those book contracts become part of your estate, and you can leave your rights to someone in your will, the same as any other of your assets. The copyright of the book can be left to one person, and the royalties can be designated go to the same or a different person, should you die while the book is still under contract. The contract will indicate that should you die, whoever inherits the book contract must abide by the terms of the contract, as you would have to if still alive. In your will, you could also indicate whether or not you want someone to finish writing any works in progress at the time of your death, and indicate who your choice would be to do that. There are a number of sites on the Internet that will help you prepare a legal will. This is one of them: http://www.totallegal.com/wills.asp?m=legalplan&src=gwillfree_lastwill&gclid=CNyT-6zCpbgCFaODQgodvAUA_w.


No comments:

Post a Comment