How to Handle a Client’s Intellectual Property

A client’s intellectual property (IP) rights can make up a substantial portion of her estate. IP is an intangible form of property and has unique attributes that make it different from other forms of intangible property that estate planners routinely encounter. For example, certain IP rights are of limited duration or require periodic fees to maintain their existence. Estate planners should be particularly aware of IP issues if their client is a scientist, engineer, author or