Licenses

Estate planning isn’t just about tangible property and financial accounts—it also includes protecting valuable intangible assets like licenses tied to intellectual property. Whether you hold licenses related to trademarks, copyrights, patents, or business operations, ensuring they’re included in your estate plan helps preserve your legacy and secures financial benefits for your heirs.

At the Law Office of Andrew Fesler, we help you integrate these critical assets into your estate plan.

Understanding Intellectual Property and Licenses

These are unique assets that can generate income or support business ventures. Examples include:

• Trademarks: Safeguard brand names, logos, and slogans.
• Copyrights: Protect original works like books, music, and software.
• Patents: Grant exclusive rights to inventions and innovative processes.
• Business Licenses: Allow businesses to operate legally under state and federal regulations.

Properly managing them ensures they retain value and are transferred according to your wishes. Our estate planning attorney can help you document and structure these assets within your estate plan to maximize benefits for your beneficiaries.

Why Include Licenses in Your Estate Plan?

Failing to address intellectual property and licenses in your estate plan can result in financial losses, legal complications, and disputes among heirs. Including these assets allows you to:

Maintain Income Streams

Ensure that royalties, licensing fees, and other revenue sources continue to benefit your heirs.

Protect Ownership Rights

Control how your intellectual property is used and prevent unauthorized use.

Support Business Continuity

Transfer necessary licenses to maintain the smooth operation of your business.

Reduce Legal Disputes

Clear documentation of ownership and transfer terms minimizes the risk of inheritance conflicts.

How Our Estate Planning Attorney Can Help

At the Law Office of Andrew Fesler, our estate planning services are designed to help you safeguard all your assets, including intellectual property and licenses.

We offer:

• Asset Identification and Valuation: Assessing the value of your intellectual property and licenses.
• Legal Documentation: Drafting wills, trusts, and licensing agreements that specify ownership and transfer terms.
• Business Succession Planning: Creating strategies to transfer business licenses and maintain operations.

Take the Next Step to Protect Your Legacy

Ensure that your intellectual property and licenses are accounted for and protected with a comprehensive estate plan. Contact the Law Office of Andrew Fesler today to schedule a consultation with our experienced estate planning attorney and take the first step toward securing your legacy.