This article is Part 5 of a five-part series on inheriting music rights and royalties. Here is a list of all the articles in the series: Introduction By this point in the series, we have examined how music rights are inherited, how to determine what rights a decedent actually owned, and how estates can begin […]
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Inheriting Music Royalties Part 3: How to Claim Royalties
This article is Part 3 of a five-part series on inheriting music rights and royalties. Here is a list of all the articles in the series: Establish Authority Performing rights organizations, publishers, labels, and royalty administrators will require proof of authority to act on behalf the decedent. In most states, these are usually Letters of […]
Continue ReadingInheriting Music Royalties, Part 2: Identifying What the Decedent Owned
This article is Part 2 of a five-part series on inheriting music rights and royalties. Here is a list of all the articles in the series: Confirming Ownership The first step in recovering music royalties is determining what rights the decedent actually owned. Royalty administrators do not distribute payments based on family relationships or inheritance […]
Continue ReadingInheriting Music Royalties, Part 1: What Heirs Need to Know
This article is the first in a series of articles explaining how music rights and royalties are inherited. For the other parts in this series, see the links below: Was your deceased loved one a songwriter or performer? You might be entitled to inherit their music rights, which usually includes the right to receive royalty […]
Continue ReadingInvesting Estate Funds in Ohio Probate: Legal Strategies for Executors
Introduction When you open a probate estate case in Ohio, the executor or administrator is responsible for managing the assets wisely until they are distributed to the beneficiaries. Most often, this is thought of not wasting, recklessly investing, or neglecting the assets. However, if an estate is large or has a lot of cash, fiduciaries […]
Continue ReadingTransferring Stocks in a Probate Estate
When a decedent passes away with stock holdings, these assets can be found in various forms, such as brokerage accounts, direct registration, or physical stock certificates. As the fiduciary, it is your responsibility to gain control of these stocks to either liquidate them or transfer them to the beneficiaries. Here’s how to navigate each situation […]
Continue ReadingHow Probate Works in Ohio – Full Estates
Probate is the legal process through which a deceased person’s estate is administered and distributed. It involves validating (“probating”) the deceased person’s will (if one exists), appointing an executor or administrator (both called the “fiduciary”) to manage the estate, settling any debts and taxes, and distributing the remaining assets to the rightful beneficiaries in accordance […]
Continue ReadingCan I hire an attorney to be the executor or administrator?
One of the most common questions that arise during this process is whether an attorney can be appointed to serve as the fiduciary (i.e., the executor or administrator). The short answer is yes, but there are some important factors to consider before making this decision. In this article, we will explore the pros and cons […]
Continue ReadingHow to open a probate estate in Ohio
Losing a loved one can be a difficult experience, and dealing with the legal process afterward can add to the stress. If your loved one has passed away in Ohio with assets, one of the first things you’ll need to do is open a probate estate in Ohio. This process can seem daunting at first, […]
Continue ReadingHow much does a probate attorney cost?
Probate Attorneys in Ohio: Understanding the Cost Probate attorneys are legal professionals who work towards helping clients navigate the complex process of settling a loved one’s estate after they pass away. If you live in Ohio and are looking for a probate attorney, you may be wondering how much you can expect to pay for […]
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