What Happens to Your Royalty Income Account Account When You Die
Quick Facts
Priority
High — royalties continue as estate income
Difficulty
Moderate
Key Info
Generic guide for royalty-generating accounts
Step-by-Step Guide
Document royalty sources
Identify all sources of royalty income — books, music, designs, patents, licensing agreements, etc. Each is an ongoing income stream for the estate.
Estimated time: 15 min
Ensure payout method stays active
Verify that the bank account or PayPal receiving royalty payments remains open and accessible to the executor.
Estimated time: 10 min
Review licensing and royalty agreements
Gather all contracts and licensing agreements. These define the terms, duration, and rates of royalty payments.
Estimated time: 20 min
Get estate attorney advice
Royalty income can last for decades (life of copyright + 70 years for creative works). An estate attorney can advise on managing these long-term income streams.
Document Now Checklist
- Platform or company name
- Account email
- Type of royalty (books, music, designs, patents, etc.)
- Monthly/quarterly royalty income
- Bank account or PayPal for royalty deposits
- Licensing or royalty agreement details
- Executor note: royalties continue as estate income — do NOT close until all payments received
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Related Guides
Domain Names (GoDaddy, Namecheap, Cloudflare)
Domains expire on a specific date. If not renewed, they become publicly available and can be registered by anyone.
Shopify
If you have an active Shopify store, orders may continue coming in. Your executor needs access immediately to fulfill or refund.
GitHub
Transfer important private repositories to a trusted collaborator or organisation. Go to Repo Settings → Transfer.
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