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 4: Maximizing Royalty Income
This article is Part 4 of a five-part series on inheriting music rights and royalties. Here is a list of all the articles in the series: Introduction By the time an estate has identified the decedent’s music rights and redirected royalty payments, the most obvious sources of income may already be flowing. However, collecting royalties […]
Continue ReadingInheriting 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 ReadingShould You Make the House a “Family Home” That Can Never Be Sold?
Estate planning clients often say they want the home to become a permanent “family home” so that it is never sold and can serve as a place for any family member who is down on their luck. The intent is straightforward and generous. The difficulty is that implementing a rigid mandate like this can produce […]
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 ReadingSimplifying Probate with Advanced Bond Solutions
Probate proceedings often require executors, administrators, and trustees to secure a probate bond as a safeguard for estate assets. Without a reliable and efficient bonding process, delays can increase the stress already associated with estate settlement. Thankfully, advancements in technology have transformed how clients can obtain probate bonds, offering faster, more reliable solutions. One example […]
Continue ReadingHow to Own Your Real Estate
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best […]
Continue ReadingThirteen Estate Planning Terms You Need to Know
Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you […]
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