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Old 04-11-2020, 12:00 PM   #88
haertig
Wizard
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There are many sources of parents income that are not continued on to the kids after the parents death. Social Security, pensions, etc. Copyright payments should be like that IMHO. Copyright payments are not an investment. If the parents want that money to go to the kids, sure, they can invest their copyright payments in stocks, mutual funds, savings accounts - whatever - and the kids will indeed get that. But the payments themselves are not "investments" that the kids should be entitled to. A parent can work until they're 75, apply for Social Security, and then die one day before the first check arrives. Too bad for the kids, they don't get to keep drawing Social Security from the dead parents account. And they have to return that check that arrived one day too late. (Yes, I know when minor children are involved, they do indeed get some Social Security payment - but I'm talking the general case where the "kids" are "grownups").
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