Estates and Copyright – What Happens When They Collide?

When you have an income-producing asset like a copyright, it’s easy to focus on how to keep that income flowing over the next few months. It’s more difficult, but ultimately very rewarding, to plan out how that income will keep coming in over the next few years – just...

What Does It Mean to Fund a Trust?

I get this question from a lot of clients. I admit, “funding the trust” is not something you hear in the normal course of your day (unless you’re an estate planning lawyer, of course). So here’s the explanation of what it means, and why it’s important. A trust is a...

Why Have a Contract?

My father has always loved the old Chinese proverb “The faintest ink is more retentive than the best memory.” (No, that’s not the standard translation, but that is what I grew up hearing.) He also has his own saying, which I have adopted – “If it’s not in writing, it...

How to Deal with a Cluttered Estate

When my grandmother passed away a couple of years ago, we were all devastated. Beyond the initial grief, however, there was also dismay – my father had been pushing her for years to declutter and downsize, and we knew that she had only ever made the most token of...

Copyright Expirations Resume in 2019!

January 1, 2019 was a big day in the world of copyright law. In order to understand why, I’ll need to give you some backstory. Back in 1998, there were a number of corporations – Disney being the most notable – petitioning Congress to extend the duration of copyright...