As an author or creative, you have probably already wondered how to protect your copyright and pass it on to your loved ones. As the publishing capital of the country, New York is home to the five biggest publishing houses in the United States. That is why most authors are based in New York.
However, no matter where you may be based, if any of the big five publishes you, your works may often fall under New York state laws, which could differ from federal copyright laws. Here are a few things you may want to consider when planning to pass on your copyright to loved ones:
Bequeathing copyright by will
A will is one of the most straightforward and traditional ways to transfer your copyright to your heirs. All you need to do is include a specific clause in your will designating a beneficiary to inherit your copyright. If there is more than one beneficiary or multiple works of copyright, you can enumerate each and identify the specific individuals who will get each item listed.
Establishing a trust
You can also establish a trust to protect your copyright from creditors and to maintain privacy for your heirs. Unlike wills, which are public documents, trusts generally remain private documents. This can be essential, especially for people who want to maintain their privacy.
Ensuring your copyright is protected
Authors and creatives interested in preserving and protecting their copyrights for their heirs may consult with a legal representative to ensure that whatever legal document they write can withstand legal challenges.