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  • Writer's picturer6powell14

Importance of copyright in estate planning.

Updated: Jul 28, 2023

Musicians need to decide who will hold the right to their copyrights, who can sell their works, and who should get any royalties for both songs and recordings.

If you are an author, artist, or musician, and own copyrights, you need to think about things like: Do your heirs want to continue to run your business? Do you want to sell your copyright if you die? Should you license your copyright? and more.

Remember, copyright lasts for a lifetime plus 70 years or in some cases, even longer.

Another good reason to plan ahead. What is a Copyright? What, exactly, is copyright? Copyright is a form of intellectual property that gives the owner the exclusive right to copy, distribute, adapt, display, and perform creative work.

Copyright for original works created after January 1, 1978, lasts for the creator's lifetime plus 70 years.

Termination Rights Cause Potential Estate Planning Problems Copyright law protects a creator's rights, but it also creates some difficulties when it comes to transferring those rights after death.

In response to situations where artists sold their copyrights for far less than they were ultimately worth and then could not get those rights back, Section 203 of The 1976 Copyright Act grants a limited right to terminate existing copyright transfers and licenses so that the author can sign new contracts.

At the Warnock Law Group, we work hard to ensure that your wishes will be followed, and your loved ones are taken care of when you are gone.

When you work with the estate planning attorneys at Warnock Law Group, you get more than just an estate plan: you get peace of mind.

We expertly guide individuals through the complex probate process, and capably handle all aspects of the creation, administration, and settlement of trusts as well.

For further help please contact us at:

6843 Porto Fino Cir,

Fort Myers, FL 33912, USA

(239) 437-1197

-Rianna Powell

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