With one yearly premium it is possible
- to wait till the natural death and to bequeath the properties (horses, weapons, silver, fief) to one of the children (at least 15 years old)
- to make an instand death (click on "the knight shall die" ) without bequeating the properties

With two yearly premiums it is possible to make an instand death (click on "bequeath" ) and to bequeath the properties (horses, weapons, silver, fief) to one of the children (at least 15 years old).



What happens, when someone had a yearly premium which ran out?

For example:
The yearly premium was bought when the knight was 15 and ended when the knight was 31.

As far as I know:

When the player buys a second yearly premium, it is possible for him to make an instand death with bequeathing.

When the player buys a monthly premium or gets premium days for voting or inviting friends and this premium is active when the natural death occurs, then it should be possible to bequeath the properties to one of the children, because the old inactive yearly premium still gives him the right to do that.
But I´m not 100% sure if it works like this.