After an artist’s death, the right to receive the resale royalty payment passes to their successor. However, the successor must meet the same eligibility requirement to receive payment (meaning they are a citizen or domiciled or resident in New Zealand or a reciprocating country or in the case of a body corporate, they are incorporated, registered, or carrying on business in New Zealand or a reciprocating country).
Multiple Successors: If there are 2 or more successors that hold a resale right after the artists death, each successor holds the share of the right that they inherit or that is transferred to them. All successors must register with RRA prior to payment of a royalty.
Can a Trust receive a royalty? Yes, if the trust holds the resale right then the Trust can register as the successor with RRA. Please contact us for more information.