Re:All sound recordings prior to 1923 will enter the US publ...
by nicoburns on Tuesday December 07, 2021 @11:59AM
(#29475011)
A portion passes to your kids, the rest accrues to the state through inheritance tax. What the proportion is depends on where you live.
Re:All sound recordings prior to 1923 will enter the US publ...
by bryanrasmussen on Tuesday December 07, 2021 @12:10PM
(#29475186)
well that's true, but are you under the impression that the value of copyrights are not ever taken into account in determining the value of an artist's estate and are thus not taxed at the time of death?
well personal ownership generally gets passed to your kids when you die and then to their kids etc. so as long as your descendants do not sell it, that lasts forever.
Copyrights might last past you to your kids but probably not to your kids' kids and further.