so now the way is free for life insurances ingame.
even buying deceased accounts as a bussiness, bit weird but its life
This is an interesting read. Though however I have some minor questions. These may have been asked so far, so please forgive me for double posting.
1) MA explains that the value of said deceased persons assets will be offered. But what about the assests that do not have a tangible (TT) value.
Like sweat or skills which only have a social(market) value?
I can tell you that the deceased person would want they skills to be counted in on that asset value.
2) What about any money(if any) that is in transer to the Gold Card? is that considered in part of MAs Asssest Count or the deceased persons personal estate managers possesion?
I think Peatie means that you can't get probate without an accurate evaluation; you can't get an accurate evaluation without access to a list of the inventory items; you can't get a list of inventory items without access to the account; you can't get access to the account without working on behalf of the executor and an executor can't be properly appointed without probate.
So, looking at it that way you can't get probate without access to the account and you can't get access to the account without probate. Hence why Peatie suggested that you may need to explain the situation to MA and hope they are reasonable enough to provide an inventory list.
n cases like these Entropia Universe accounts are handled just like any other asset. If the "real" will states that you will take care of the account and liquidate all virtual assets and skills, withdrawal the PED and close the account that's what will happen.
The attorney will have to contact us with all the necessary paperwork (mainly a verification that the account holders are deceased, that you are pointed out as an executioner of this part of the will, and most probably we will ask for a scanned copy of your ID.) and we will make the accounts available to you for the time needed. We won't consider this breaking the EULA for several accounts.
The scary thing about this, if I'm reading this correctly, is that MA's approach to liquidating your Avatar would be to delete all your skills, and TT all the equipment. That represents a MAJOR loss of peds when you consider the markup value of skills and items.
Seems to me that the only sensible way to arrange this is to leave instructions for someone else to log into your account after your death and sell eveything properly...
that is a written reply from MA acknowledging that the assets contained in the estate have a valuation higher than the TT, and a tacit acceptance of ownership rights !
There is a further interesting point here which lins into a number of other issues - that is a written reply from MA acknowledging that the assets contained in the estate have a valuation higher than the TT, and a tacit acceptance of ownership rights !
I'd +rep you if I could. Good work!I sure hope i never have to do it too.
But it at least gave me all the answers i was looking for.
I am posting all this so that the community can use this bit of information for their own will. If you have a lot of peds invested in this game i would certainly recommend you to do so. Otherwise a lot of money could easily get lost. See my example with the IMKII and shadow set.
Absolutely correct !!
So maybe an MA-written guide to liquidating an account would be a step too far for them, acknowledging valuations higher than TT.
I'll give a big +Rep to anyone who writes a Sticky Guide on this Forum, describing to a non-player, how to get full value from liquidating an account (a sort of Alice's guide to playing, but in reverse), and which can be printed off and filed with my Will.
If this person does not want to run the Account further, he can ask us to cancel the Account, meaning that the Account will be purged. All skills and items will be deleted and the TT value of the items will be transferred to the PED card.
This was the bit that scared me...
But as I said before, if you're atall concerned, leave instructions for someone you trust, and who knows the EU game and economy, to chip you out and sell up properly...
And YES, let's hope none of us run into this problem first hand any time soon..
Wouldn't this guide also be a handbook to hackers on how to liquidat a hacked account the proper way.....
Just a thought...maybe it isn't possible for that to happen...