Valuing Intellectual Property for Estate-Planning PurposesValuing Intellectual Property for Estate-Planning Purposes

Many estate-planning professionals have clients that own intellectual property (IP) such as patents, trademarks, copyrights, trade secrets and rights to publicity, among others. Strategic and tax planning decisions, tax reporting and the actual execution of transactions associated with IP assets are typically predicated on their value. Here’s what to expect if your client needs an IP valuation.

Three Steps

When estate-planning professionals engage a professional valuation analyst, they should expect him to perform certain procedures to successfully conduct the valuation. These procedures generally include the following three steps: 

1. Perform due diligence, 

2. Perform the valuation analysis, and 

3. Develop a formal valuation report.

Due ...