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Virtual Life vs Real Death

Strokeontent

Strokeontent

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Strokeontent
One thing that came to my mind the other day was:

'If I die now what will happen to my PEDs?'

(Btw, this is how you tell if someone is addicted to EU, when by thinking of death first thing that comes to mind is EU).

Anyway on that moment I decided to give my EU details to my brother and advise one of my in-game friends to help him sort out an eventuall cash out of funds. Of course I don't have as much money as to make a will which includes my virtual assets, so this is my solution.

I am curious to find out how many of you out there ever considered this, and what solutions you came up with to make sure MA will not get hold of your money after you die. :D
 
If I haven't sold out or the game have been closed down before I die. Then I'll just let the system take my stuff :3
 
Hi,

I made a post related to this topic a while ago. Have a look at it it will answer some of your questions.
EU will execution

Cheers
Siam
 
Prepare an envelope with your account and password together with contact info to a trusted EU friend who can help your relatives to sell out the stuff. Store this is in a secure location togethet with your last will.
 
Nirfu said:
Prepare an envelope with your account and password together with contact info to a trusted EU friend who can help your relatives to sell out the stuff. Store this is in a secure location togethet with your last will.
Click to expand...

Be carefull with that one because without proper authorization both accounts can end up locked.

Make sure the person is named as the person that will take care of the virtual property sales in your will. Put in the contact information of that person so that he will be informed by the Executor (RL) of the last will. The Executor (RL) can also contact MA with the relevant information so that you (as virtual executor) will have no issues from MA's side while you do things. Goldcard might have been lost for instance. This would require help from MA in order to be able to access the account.

If there is no one taking care of the sales you might end up with only the TT value of the avatar. Which could be a huge difference compared to the real value! Most relatives will have no idea that your avatar's property also has a markup on it when sold.

Cheers
Siam
 
I got two sons who game and everything I have goes to them if I die including my EU avatar and everything she's got, which is mostly skills..since skills have become so worthless lately I don't think it's worth much. She does have higher than normal attributes which are worth something but it's gonna be up to them to keep playing her or chip her out.
 
rhogenbe said:
Hi,

I made a post related to this topic a while ago. Have a look at it it will answer some of your questions.
EU will execution

Cheers
Siam
Click to expand...

Thanks for the sugestion Siam, it at least helped me understand what MA's thoughts on this one are. ;)

However there is this detail I did not know about which is the fact that they will TT all stuff and delete skills, which of course makes it useless to leave assets to anyone as they would be worth nothing.

Also all answers provided by MA seem to point towards a will, which is something I do not have and probably won't have unless I get to be really old and have enough money to justify. Not everybody has a will.

I sent a support case asking, in case there is no will left behind what the situation would look like.
 
hmm if I would add up all that could be sold for a reasonable price on my avatar I would end up at about 2k US$ max. I don`t think anyone in my family would seriously want to mess arround with MA to get that ammount of cash.... sooo yeah if I die tomorrow MA will be 1.1k (TT VALUE) US$ richer. gratz :silly2:

Well if I would notice that I get some deadly disease or something like that and I`ll die within a few weeks/months I would make sure that a RL m8 gets my gold card and acc details so he can do with it whatever he wants. The only condition I would deliver with it would be to get the items I lended returned to their rightful owners. He has been playing EU for some time and I can trust him so I would not have to worry about EU in that (unlikely) case.
 
XeroX2 said:
hmm if I would add up all that could be sold for a reasonable price on my avatar I would end up at about 2k US$ max. I don`t think anyone in my family would seriously want to mess arround with MA to get that ammount of cash.... sooo yeah if I die tomorrow MA will be 1.1k (TT VALUE) US$ richer. gratz :silly2:

Well if I would notice that I get some deadly disease or something like that and I`ll die within a few weeks/months I would make sure that a RL m8 gets my gold card and acc details so he can do with it whatever he wants. The only condition I would deliver with it would be to get the items I lended returned to their rightful owners. He has been playing EU for some time and I can trust him so I would not have to worry about EU in that (unlikely) case.
Click to expand...

If i was gonna pop my clogs i would go to my bank ask for a massive loan depost in to game and go on a 109 bad amp run :)
 
Strokeontent said:
Thanks for the sugestion Siam, it at least helped me understand what MA's thoughts on this one are. ;)

However there is this detail I did not know about which is the fact that they will TT all stuff and delete skills, which of course makes it useless to leave assets to anyone as they would be worth nothing.

Also all answers provided by MA seem to point towards a will, which is something I do not have and probably won't have unless I get to be really old and have enough money to justify. Not everybody has a will.

I sent a support case asking, in case there is no will left behind what the situation would look like.
Click to expand...

You misunderstand UK Law (Swedish is probably similar). The only person who has the legal right to gather in your assets is your Executor who is granted Probate. It is preferable but not necessary for an Executor to be named in a Will, but they still need to obtain Probate. If you do not leave a Will, your next-of-kin will have to apply to the Courts. MA can do nothing without documents granting Probate).

As I said in the thread above, it is much easier if you simply document your account, and let your beneficiary close down your account without involving MA (with advice from another player if necessary).

At the time of that thread MA made an announcement mentioning a Virtual Will, but nothing has been heard from them since, and they probably abandoned it because it would have been illegal (RL inheritance laws would take precedence).

Remember that the minimum withdrawal amount is 1000 Ped, most new players will not have reached this.
 
chevrons said:
You misunderstand UK Law (Swedish is probably similar). The only person who has the legal right to gather in your assets is your Executor who is granted Probate. It is preferable but not necessary for an Executor to be named in a Will, but they still need to obtain Probate. If you do not leave a Will, your next-of-kin will have to apply to the Courts. MA can do nothing without documents granting Probate).

As I said in the thread above, it is much easier if you simply document your account, and let your beneficiary close down your account without involving MA (with advice from another player if necessary).

At the time of that thread MA made an announcement mentioning a Virtual Will, but nothing has been heard from them since, and they probably abandoned it because it would have been illegal (RL inheritance laws would take precedence).

Remember that the minimum withdrawal amount is 1000 Ped, most new players will not have reached this.
Click to expand...

Yup, I am still waiting for MA's answer to my question, but will be sure to post it here once I get it.

Anyway, the reason why this doesn't make much sense to me apart from the fact that I have no will or assigned executor, is the fact that I work in the gambling industry, and if someone dies and leaves their funds in the account a simple scanned copy of an obituary will be enough for the funds to be released into the heirs bank account, and we are talking about thousands of dollars here. I wonder why it's not the same with MA and things seem to have to be done by a prosecutor and involve a will. :p
 
Because the crucial difference is that a casino has the funds to transfer. MA could do that, but it would be the TT value. The only way to realise the market value is for someone to log in and sell things. Either your heirs do that and simply withdraw the money to your bank account (which is legal because its your bank account which is legally frozen against withdrawals but not credits), or MA need all the legal authority to hand over your password and change the bank account.

By the way, I think the casino procedure you outline would not be legal in the UK. Heirs have no right to any property except that which flows through the legal intermediary of an Executor or Administrator. A Casino could refund the money to the deceased's bank account, or an Executor's, but not an heir's. They would be liable for damages if there were any subsequent legal dispute, for example if the deceased had debts which exceeded his assets.
 
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Also there is the slight issue that you would be accessing 2 accounts at the same time. Which is against the EULA. If they happen to stumble on that both accounts could end up being locked. You might be willing to risk this but not everyone does.

Also if you do this under clear conditions you avoid the probability of being sued by the heirs.

Cheers
Siam
 
chevrons said:
Because the crucial difference is that a casino has the funds to transfer. MA could do that, but it would be the TT value. The only way to realise the market value is for someone to log in and sell things. Either your heirs do that and simply withdraw the money to your bank account (which is legal because its your bank account which is legally frozen against withdrawals but not credits), or MA need all the legal authority to hand over your password and change the bank account.

By the way, I think the casino procedure you outline would not be legal in the UK. Heirs have no right to any property except that which flows through the legal intermediary of an Executor or Administrator. A Casino could refund the money to the deceased's bank account, or an Executor's, but not an heir's. They would be liable for damages if there were any subsequent legal dispute, for example if the deceased had debts which exceeded his assets.
Click to expand...

Nice one Chevrons it does make sense. Also very good info I was unaware of the possibility of having money credited to a dead man's bank account. This gives me more peace of mind in knowing that the person of my trust will be able to login, sell out, and get the money in the bank without all kinds of hassles. As I said I am not a rich player, if I had dozens of thousands of dollars invested I would make it as clear as possible, but for someone who only has a couple of thousands it's not worth the trouble. :D

Also in my case there would be no violation of the EULA as the trusted person does not play EU and would only be requiring advice from in-game friend on how to sell out and withdraw, so there would be no reason for banning accounts.
 
rhogenbe said:
Also there is the slight issue that you would be accessing 2 accounts at the same time. Which is against the EULA. If they happen to stumble on that both accounts could end up being locked. You might be willing to risk this but not everyone does.
Cheers
Siam
Click to expand...

I don't think this is a problem under UK Law. A person acting as Executor is regarded as having two legal identities, and can therefore legally operate 2 EU accounts, as long as one is for the purpose of liquidating the deceased's. In any case I expect MA would take a sympathetic view if informed.
 
chevrons said:
I don't think this is a problem under UK Law. A person acting as Executor is regarded as having two legal identities, and can therefore legally operate 2 EU accounts, as long as one is for the purpose of liquidating the deceased's. In any case I expect MA would take a sympathetic view if informed.
Click to expand...

We are also talking Swedish law as MA is a Swedish company.
And MA answered what would be needed for that it in the link of my first response in this thread.

Cheers
Siam
 
Wonder how that would work with an insurance company - making a value assessment etc (also how that affects taxation...) - and what happens with this value in case the gamer dies or if MA goes belly up.
 
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