by Kelley Way | Aug 5, 2024 | Estate Planning
While most issues with a trust can be solved with an amendment, sometimes the only way forward is to dissolve the trust entirely. The most common reason to dissolve a trust is divorce, though there can be other reasons, such as creating a trust for a purpose that no...
by Kelley Way | Jul 1, 2024 | Authors and Writing, Copyrights, Estate Planning, Intellectual Property
A client recently asked me about literary executors and whether she needed one for her estate. Let’s review what a literary executor is and when appointing one would be a good idea. First, let’s talk about executors generally. “Executor” is the person you put in...
by Kelley Way | Jul 1, 2024 | Estate Planning
I recently had a client meeting where the client asked about naming all three sons as co-trustees on her trust. I strongly discouraged this, and since several other clients have asked about naming multiple children as co-trustees, I’ll explain why. First, no one can...
by Kelley Way | Jun 3, 2024 | Copyrights, Estate Planning, Intellectual Property
Many of us are website owners these days, and websites are one of those assets we would like to see last beyond our lifetime. But will that happen automatically? If not, what must be done to ensure the website continues after death? So, let’s answer the question: what...
by Kelley Way | May 6, 2024 | Estate Planning
Believe it or not, the question of how to properly amend a trust has been the subject of much debate and controversy in the legal world over the last few years. The California Supreme Court has finally issued a ruling on the subject, so here’s an article going through...
by Kelley Way | May 6, 2024 | Authors and Writing, Copyrights, Estate Planning, Intellectual Property
Today, let’s discuss valuing copyrights in an estate by going over an example scenario: You have been named the executor of an estate. While going through this estate, you discover that the person published several books, which are still in print and making...
