Estate Planning for Authors E-Book

M. L. Buchman

• Herausgeber: Buchman Bookworks, Inc.
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2017

Beschreibung

-an estate planning self-help guide for artists & writers- Writer, painter, photographer, musician, designer, animator, graphic artist, programmer, screenwriter, textile artist, choreographer, composer, sculptor... A will or trust controls who inherits what. The Final Letter tells your heir(s) ways to maintain it, even make it thrive, once they’ve got it. The challenge with an estate that includes Intellectual Property (books, stories, plays, films, etc.), is it has a value that can last another 70 years after your death. This book is a practical guide for educating your heir on quite what they’ve just received and what their options are to manage it. Topics also include: basic vocabulary, income opportunities with Intellectual Property, the power of trusts in IP estate planning, and much more. Estate Planning for Authors will help authors create their Final Letter as well as help the heirs whose benefactor did not create one. It’s a guide on how to make sure your legacy remains profitable for decades after you’re gone!

Leseprobe

Estate Planning for Authors: Your Final Letter (and why you need to write it now)

a Strategies for Success guide

by M. L. Buchman

Dedication

To my wife and daughter, I hope this helps. It’s the best I know how to protect you both.

My Thanks

To those who have listened, suggested, read, commented, prodded, and pushed until this book came to life: Kristine Kathryn Rusch, Dean Wesley Smith, Leah Cutter, Blaze Ward, Suzanne Brockmann, and the attendees of multiple workshops whose questions so accelerated my learning curve. I couldn’t have done it without every one of you.

Purpose of this book

Your Will states who gets what.

Your Final Letter tells them what they can, and should, do with it once they have it.

This book is about the second bit. It suggests a method to write a “Final Letter” that will organize your literary estate and educate your heirs. Or, if the creator behind the estate didn’t write one, this book can act as a guide for their heirs to understand what options exist to manage a literary estate.

Disclaimer

I am not a lawyer, nor (as a friend of mine is fond of saying) do I play one on TV. Nothing in this book should be construed as legal advice.

However, I have:

• 30 years’ experience as a project manager.• 9 years of that were in law as a paralegal, computer systems designer, and eventually project manager of multiple multimillion dollar, class action settlements including some of the largest settlements in the 2000s.• 20+ years as a publishing professional.• I’ve also spent over a year researching this material, presenting it several times for writers (some of whom are Intellectual Property or IP lawyers), and incorporating their feedback each time.

Part I: Getting Started

Introduction

So, what is this book? This is about how I developed the letter I wrote for my wife and kid. A letter that explained how they could manage my intellectual property once I’m gone.

How many of your heirs even know what intellectual property means in that last sentence, never mind the options that exist regarding how to manage it? We need to educate our heirs and do it in simple language—I will repeat this often and it still won’t be often enough.

Dear Heir, Intellectual Property (commonly referred to as IP), which we’ll get into more later, is all the stuff the author created: books, stories, notes, audio, film, and potentially much more.

This book is first an education that I gave myself and then it is about the method I’ve found to communicate this to my heirs. Further along I’ve included a copy of my own Final Letter as well as a list of the best reference books I’ve found so far in my research.

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!

Lesen Sie weiter in der vollst?ndigen Ausgabe!