Residuals, Royalties and Intellectual Property Rights
Residuals, royalties and intellectual property rights are one of the greatest financial benefits of being a member of our creative community. Throughout MPTF’s nearly 100-year history, many generous industry members have chosen to make MPTF the financial beneficiary of these monies through their estate plans. Your residuals, royalties and intellectual property rights can generate income for many years to come and can allow you to leave a legacy gift that will help your fellow entertainment industry friends and colleagues.
To bequeath MPTF a portion or all of your residuals, royalties or intellectual property rights, speak to your estate attorney.
To further assist you, here is contact information for the appropriate department in some of the most common industry organizations:
Universal Music Group
Warner Music Group
LA Office: 323-883-1000
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.