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Post Mortem Auctoris: Copyright and Estate Planning
Mon, 23 Oct 2017, 09:00 – Tue, 24 Oct 2017, 18:00 BST
A two-day course organised by the UCL Institute of Brand and Innovation Law
on Post Mortem Auctoris: Copyright and Estate Planning
on 23 & 24 October 2017
About the course
The prevalence of social media and the creation of copyright works by citizens makes copyright owners of us all. Files, digital memorabilia, business documents and other personal data sit in remote servers. This makes access convenient and flexible, but “our property” is able to be shared and accessed from multiple devices and countries and the servers themselves can be located in multiple jurisdictions. What is the effect of this? Different copyright works are managed differently. The professional authors and the performer have much in common legally but their rights are not exactly equivalent and their ongoing revenue entitlements operate in distinct ways. There are sensitivities about a creator’s legacy and reputation. All these elements impact financial and tax planning, exercises in “housekeeping” of rights and registrations, as well as copyright and revenue management after death. There are steps that must be taken in relation to copyright to ensure that multiple beneficiaries can best and most efficiently share in revenues that are arise as a result of testamentary disposition.
This course is a practical introduction for the private client lawyer to help them, on behalf of their clients, both in planning and probate. Students will acquire a valuable understanding of dealings in copyright works and the revenues that copyright can generate.
The course at a glance:
- Authors’ and performers rights; moral rights: what are they, how long they last and the
key elements when configuring licences.
- Revenue administration for:
- Artistic works
- Musical works
- Sound recordings
- Audio-visual works
- Literary works
- Actors, musicians and the film crafts
- Data accuracy, works codes and works catalogue registrations for authors and performers.
- Collective management organisations (CMO) for copyrights and revenues; CMO licensing & its limitations; direct licensing and access to lump sum revenues; talent guilds and the payment of residuals; CMO succession membership.
- UGC and digital property post-mortem, remote storage of digital files, cross-jurisdictional access and ownership.
- Auditing and valuation of copyright works, the relationship between copyright and financial Instruments; rights recapture and renegotiation.
- Copyright and estate planning, trusts, beneficiaries, multi-jurisdictional hazards & intestacy; orphan works.
- Literary executors: moral rights, endorsements and adaptations, preserving and protecting the reputation of the deceased