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Estates and Transfer: The AIG issue, and the Larger Issue.

Over at SLCapEx in this thread, I've been following the discussion of concerned people who 'own' land on estates controlled by AIG (remember, AIG is being delisted). It is an interesting thread because it is a problem which is not often discussed: what happens to residents of an island if something happens to an island owner?

It costs $100 US to transfer an island, last I checked, but that requires that the present owner transfers it. To my knowledge, Linden Lab doesn't interfere with it otherwise - which may or may not be the case.

But here's the thing. Shouldn't an island owner have a sort of 'next of kin' permitted so that if something happens the island(s) can transfer to someone else? In this situation, people are more concerned about fraud - but honest people do have things happen to them as well, ranging from family emergencies to death. There doesn't seem to be a graceful solution at the present time. Actually, there seems to be no solution period.

In this case, I am curious how it will work out... There should be a feasible solution for this sort of thing made available by Linden Lab, or at least a policy which permits for feasible solutions.

This is a very important and

This is a very important and serious point in actual SL management. Actually, a couple of RL business refused to buy land or even join SL because nobody can give them certainty i would not die anytime soon, leaving them without their land.

Very Interesting

Under normal circumstances, the new owner can come in and wipe the place if they want to. But of course Linden Labs makes more money by repossessing and auctioning the sim so that is usually what happens. And I believe this is why they will not get involved. If someone is wanting to get rid of an island and is concerned about the residents, the best thing would be to negotiate something with the buyer.

There is no chance that the buyer will own up to it but it is feasible in most cases in land ownership to buy a full sim and keep it as is than to rebuild. Adjustments may be made for aesthetics and such but I have purchased 4 of my 5 times from existing owners with 1 empty and I have kept the same residents besides the ones that default on tier on decided to move. I think we have to police ourselves on this one so the mighty dollar doesn't win all the time.

Linden Lab hands off

Linden Lab hands off accounts and such to designated next-of-kin, assuming the paperwork is all correct. It's not widely advertised but it has been done before.

If you die and your heir/executor stumps up with the paperwork then they can be given access to your account.

Yeah, but...

what if you want to hand it off to someone in SL? My next of kin wouldn't have a clue what to do with an island. O.o

As long as their account is

As long as their account is duly named so that LL knows who, I don't believe it's a bother. There's been at least one case I know of an avatar their assets being handed to a nominated other account when the holder died. It was all listed in the will.

Hmm.

The question is whether a Will in some countries will recognize Second Life avatars. ;-)

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