The Heir Affair

None of us wants to think about our death. But, as writers, thanks to copyright, our words continue living and generating an income for our heirs after we die. So, have you considered what your beneficiaries will have to deal with when you’re no longer here to show them?

November is National Will Writing Month and many solicitors provide free or discounted will-writing services during this period. However, getting a last will and testament drafted is only part of the story. Even if we treat our writing as a hobby, there are steps we should all take right now to help our executors, beneficiaries, and heirs for when the time comes.

Potential Problems

Imagine you’ve shuffled off to the big blank page in the sky. While coping with their grief, relatives find your will and let your appointed executor know. They inform your bank, who freezes your bank account with immediate effect.

This means the bank won’t accept any further royalty payments. Self-publishing platforms usually pay out every month, unlike traditional publishers who pay every six months. Will your heirs know when money should be coming into your account?

The bank may set up a new account to deal with your estate and receive these royalty payments, but this can take time. Your executor will need to contact anyone who sends you royalty payments and advise them to send money to the new estate bank account. Before Amazon KDP, Draft2Digital, Apple, etc, will do that, they’ll need to see your death certificate and evidence that your executor has the power to deal with this.

Even if your heirs know some of your usernames and passwords, what about two-factor authentication? Many websites send a text message as part of the log-in process to our mobile phones. That’s not a problem with a pay-as-you-go phone, but if you’re on a monthly contract, the bank will stop the direct debit when they freeze your account and your SIM will no longer work.

Preparatory Planning

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