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This course, presented by Ana Juneja, founder of Ana Law LLC, delves into the vulnerabilities of IP Assets upon death and divorce, and what kinds of planning steps can be implemented to reduce (or increase) a spouse's/beneficiary's access to IP assets, royalties, and other payments from IP.
IP Assets are unique and can be transmuted to marital property and can be utilized to pay alimony or settlement payments. If the risk of transferring IP assets is not well understood, attorneys may fail to provide their clients with the best advice to protect these valuable assets. However, proper planning, including strategic estate planning and martial agreements, may be utilized to mitigate certain risks.
This course will benefit Family Law practitioners as well as estate planning attorneys.
Learning Objectives:
• ?Identify the client's goal in creating and administering transfer of IP assets
• ?Review the classification of marital and nonmarital assets and what happens to IP assets in the event of death and divorce
• ?Identify and mitigate against transmutation risk, alimony risk, and offset risk
• ?Structure an estate plan to avoid risk along with marital agreements
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