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Showing posts with the label power of attorney

Grave Matters

Contemplating my mortality and being obsessively organized, I have given considerable thought to what happens when I die. Having dealt with our parents’ deaths has reinforced the need to think about the logistics of dismantling the detritus of a lifetime. There are special matters that must be addressed upon a writer’s death. If you are a traditionally published writer, you have a contract with a publisher and an agent. In the digital age and with self-publishing, the list is a little longer. 1) How will your outstanding royalties be paid? Are they paid into a business account or a personal account? Will that account be closed? If the payments are direct deposited, the executor of your will must change the bank account information for payments. If the account belongs to a corporation that will remain intact, the payments can continue as is. 2) Who will you give access? If you self-publish, make certain you leave instructions as well as your sign-on and passwords fo...

Be My Guest: Nash Black

Today, we welcome Irene Black, who is half of the Nash Black writing partnership. I first connected with her at Murder Must Advertise during a group discussion about the legalities surrounding the death of a publisher. I invited her to share her expertise here, so today and tomorrow, she'll discuss important issues every writer should consider... before they die. The Business of Dying Mystery authors analyze death, dissect it, examine it, and explore it. What we neglect to do is prepare for it as it relates to our own lives. Death also has ugly companions–disability and dementia. It is our unalienable right to take responsibility for our own lives, which includes our demise. Make a complete inventory of personal obligations to other individuals/pets, possessions owned out-right or jointly, assets such as bank accounts, safe deposit boxes, insurance policies or pension rights with their location, business entities, and financial obligations. Each individual is different, but so a...