I'm a literary agent representing two authors who have written a children's book. They will split any future royalties 50/50. Do I have to s...

Question

I'm a literary agent representing two authors who have written a children's book. They will split any future royalties 50/50. Do I have to structure two separate literary agent/author agreements or just one contract for both authors?

The authors its a mother and son team.

Answer

I believe one contract naming them as equal authors should be sufficient. It is possible they could form a business entity like a LLC and then the agreement could be with the entity. That way if future people join them, a single entity can represent them all. This is a response to an Internet question and the reply if for informational purposes only and is njot intended to be legal advice or as creating an attorney-client relationship.

Answer

One contract with both authors named would be fine.Usually, authors do not set-up a LLC to own the rights. If they do, you should make sure they also sign individually. My suggestion is that you call a good tax and business lawyer to review the agreement before you submit it to the authors.

Good luck!

Ron Cappuccio