What happens to my Logos / Verbum when I die...?

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This post has 22 Replies | 6 Followers

Posts 16
Brian | Forum Activity | Posted: Sun, Jan 21 2018 1:45 PM

Hi,

I'm not intending to pop my clogs anytime soon (although I acknowledge that is not entirely within my control...), but I'm curious -

Are there any restrictions on transferring a licence e.g:

  1. Selling Verbum to another person, or more likely
  2. Transferring my licence / "books" to someone else on my death.  

I've invested quite a bit in Verbum, and it would be a shame not to let someone else have the books when I die. As I say, just wondering!

Blessings,

Brian

Posts 18
Ronnie Sinclair | Forum Activity | Replied: Sun, Jan 21 2018 1:57 PM

Hey Brian!

1. I'm not entirely certain on how this works but I do know you can transfer resource licenses as long as you transfer them in the same bundle you purchased them in (you cannot sell the license to a single book if you bought it in a bundle but only want to sell the one book). It looks like at least at one time it was only possible to transfer a license once.

2. Apparently Logos will transfer your licenses for free upon death. They answered this on their blog here: https://blog.logos.com/2005/12/heirloom_books/

Posts 9473
Denise | Forum Activity | Replied: Sun, Jan 21 2018 3:35 PM

From the above blog ... "Maybe someday you’ll find yourself looking through a list of 1,500 electronic books owned by a notable scholar ...."

These days, 1,500 means the basics (for a scholar of course). That was 2005. Time flies.


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JT (alabama24) | Forum Activity | Replied: Sun, Jan 21 2018 4:55 PM

Brian:

Are there any restrictions on transferring a licence e.g:

  1. Selling Verbum to another person, or more likely
  2. Transferring my licence / "books" to someone else on my death.

1. If you find a buyer, you can sell any resource at any time for a $20 "transfer" fee. The fee is a flat rate per transaction... so if you sell 1 book, $20. If you sell 100 books (to the same person), $20. NOTE: books purchased in a collection or bundle, must be sold/transferred together. If you buy a book and later use "dynamic pricing" on an additional set, the book is now tied to the other resources. 

2. You can will your books to whomever you'd like. To be honest, I don't know if the $20 fee applies or not. 

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Posts 16
Brian | Forum Activity | Replied: Mon, Jan 22 2018 10:56 AM

Hi Everyone, and thank you so much for your helpful (and quick) replies.

I had tried searching using "sell verbum" / "sell logos" but nothing useful came back. Ronnie, I had a read of the article you linked, thanks for that.

I must update my will (I've printed off this thread in the interim and put it in my desk draw just as an added precaution!).

Once again, thanks for the replies Ronnie, Denise, and alabama24!

Blessings, 

Brian

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JT (alabama24) | Forum Activity | Replied: Mon, Jan 22 2018 11:17 AM

Brian:
I had tried searching using "sell verbum" / "sell logos" but nothing useful came back.

Forum rules prohibit the sale of resources via the forums. There is a Facebook group dedicated to such. The next best option would be through a fellow church member or seminarian. 

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Posts 16
Brian | Forum Activity | Replied: Mon, Jan 22 2018 11:25 AM

Hi alabama24,

Ok! I wasn't actually trying to sell anything - just searching for posts about hypothetically transferring / selling my licence - a bad choice of search terms it turns out!

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JT (alabama24) | Forum Activity | Replied: Mon, Jan 22 2018 12:16 PM

Brian:
a bad choice of search terms

How were you searching? The BEST way is as follows:

  1. Go to www.google.com 
  2. type site:community.logos.com (followed by your search term)

site:community.logos.com sell books , for example, produced some useful results. 

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Posts 1239
Rick Ausdahl | Forum Activity | Replied: Tue, Jan 23 2018 9:30 AM

Can someone from Faithlife answer whether or not Logos has to be listed as an individual item in a Will and if the Will has to state by name, the intended recipient?

I have a Will that handles a host of contingency situations regarding beneficiaries of the estate, but it deals with the estate as a whole--it does not list individual items to be willed to specific individuals.  Would Logos not be considered a part of my estate and therefore be willed according to what is suppose to happen with the estate as a whole?  I'd hate to have to make changes to my will just to add Logos as an individual item and naming a specific individual  as the recipient--especially when considering that the intended recipient of Logos as an individual item in the will, is far more likely to change, than are the beneficiaries of the estate as a whole, so listing it individually could easily lead to additional changes to the will--not only costly, but a hassle as well.

Posts 16
Brian | Forum Activity | Replied: Tue, Jan 23 2018 12:55 PM

Wow! Just tried it alabama24 - and you're right!

I had used the search function from within Logos / Verbum. Your way is vastly superior.

Never knew that. Today I've learnt something new :)

Thanks for the tip alabama24.

Blessings,

Brian

Posts 5
Onell McCarthy | Forum Activity | Replied: Tue, Jan 23 2018 10:08 PM

I believe if its your will there is no transfer fee

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Mike Binks | Forum Activity | Replied: Wed, Jan 24 2018 12:14 AM

Best store Logos in the Cloud then you can use it while you are sitting on one!

(or isn't that biblical?)

Posts 2675
Mattillo | Forum Activity | Replied: Wed, Jan 24 2018 10:57 AM

Rick Ausdahl:

Can someone from Faithlife answer whether or not Logos has to be listed as an individual item in a Will and if the Will has to state by name, the intended recipient?

I have a Will that handles a host of contingency situations regarding beneficiaries of the estate, but it deals with the estate as a whole--it does not list individual items to be willed to specific individuals.  Would Logos not be considered a part of my estate and therefore be willed according to what is suppose to happen with the estate as a whole?  I'd hate to have to make changes to my will just to add Logos as an individual item and naming a specific individual  as the recipient--especially when considering that the intended recipient of Logos as an individual item in the will, is far more likely to change, than are the beneficiaries of the estate as a whole, so listing it individually could easily lead to additional changes to the will--not only costly, but a hassle as well.

That's a good question!  I hope FL answers this one

Posts 1239
Rick Ausdahl | Forum Activity | Replied: Fri, Feb 9 2018 8:42 AM

Rick Ausdahl:

Can someone from Faithlife answer whether or not Logos has to be listed as an individual item in a Will and if the Will has to state by name, the intended recipient?

I have a Will that handles a host of contingency situations regarding beneficiaries of the estate, but it deals with the estate as a whole--it does not list individual items to be willed to specific individuals.  Would Logos not be considered a part of my estate and therefore be willed according to what is suppose to happen with the estate as a whole?  I'd hate to have to make changes to my will just to add Logos as an individual item and naming a specific individual  as the recipient--especially when considering that the intended recipient of Logos as an individual item in the will, is far more likely to change, than are the beneficiaries of the estate as a whole, so listing it individually could easily lead to additional changes to the will--not only costly, but a hassle as well.

BUMP!

Posts 828
LogosEmployee

Rick Ausdahl:

Rick Ausdahl:

Can someone from Faithlife answer whether or not Logos has to be listed as an individual item in a Will and if the Will has to state by name, the intended recipient?

I have a Will that handles a host of contingency situations regarding beneficiaries of the estate, but it deals with the estate as a whole--it does not list individual items to be willed to specific individuals.  Would Logos not be considered a part of my estate and therefore be willed according to what is suppose to happen with the estate as a whole?  I'd hate to have to make changes to my will just to add Logos as an individual item and naming a specific individual  as the recipient--especially when considering that the intended recipient of Logos as an individual item in the will, is far more likely to change, than are the beneficiaries of the estate as a whole, so listing it individually could easily lead to additional changes to the will--not only costly, but a hassle as well.

BUMP!

Hi Rick,

I don't know the answer. Let me see if I can find someone who does.

Manager, Bible Study Products Department

Posts 1239
Rick Ausdahl | Forum Activity | Replied: Fri, Feb 9 2018 9:24 AM

Thank you, Ben!

Posts 562
Dale E Heath | Forum Activity | Replied: Fri, Feb 9 2018 3:54 PM

We recently established our first trust, we only had a will before that. When I discussed my Logos library with our lawyer, he didn't want to include it in the trust. He said to write the instructions in a letter to our executor(s) and let the executor carry out our wishes, along with jewelry, paintings, personal items, etc. I'll choose a recipent soon, discuss this with them, discuss it with the current executor, and put it in the letter. The letter includes all my IDs, passwords, etc. I have a gigantic Logos library that they may want to keep, split, sell, or whatever seems best. None of my close relatives want it, so it may be given away or sold.

Praying about it, Dale Heath

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Veli Voipio | Forum Activity | Replied: Fri, Feb 9 2018 11:31 PM

Dale E Heath:
None of my close relatives want it,

The trick is how to keep on using Logos as long as reasonably possible and sell it just before the last moment. Currently I don't have any good suggestion.

Gold package, and original language material and ancient text material, SIL and UBS books, discourse Hebrew OT and Greek NT. PC with Windows 8.1

Posts 37
LogosEmployee
Don | Forum Activity | Replied: Mon, Feb 12 2018 9:04 AM

Brian, 

This is a question we get from time to time and it is handled two ways. If you know who you want to transfer it to we can be contacted prior and transfer all your licenses to another person at the appropriate time. The other way is leave your licenses to the individual handling your estate and they contact us at that time to let us know who to transfer the licenses to. I hope this helps. 

Posts 1239
Rick Ausdahl | Forum Activity | Replied: Mon, Feb 12 2018 9:16 AM

Don:

Brian, 

This is a question we get from time to time and it is handled two ways. If you know who you want to transfer it to we can be contacted prior and transfer all your licenses to another person at the appropriate time. The other way is leave your licenses to the individual handling your estate and they contact us at that time to let us know who to transfer the licenses to. I hope this helps. 

Don, thanks for the post--the process options seem very simple/straightforward.  If that's the official Faithlife position and those are the only instructions we as customers need to be aware of and follow, I feel I can rest easy.  Smile

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