“Intellectual Property Rights and Estate Planning” Article by Attorney Lee Phillips Recently Published on LegaLees

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If someone has authored a book, a song or computer program, or has a ground-breaking invention or has built a business, they have intellectual property rights. These rights can be passed on with proper estate planning.

Lee R. Phillips

Lee R. Phillips

Registering for an intellectual property right is important, but once someone has done that, it needs to be protected and defended going forward.

LegaLees’ Attorney Lee R. Phillips has written a new article called, “Intellectual Property Rights and Estate Planning.” In the article, Mr Phillips reviews in detail what types on intellectual property rights can be devised in estate planning. He begins with a description of the intellectual property rights, what they are and how to pass them on. While registering an intellectual property right is important, protecting that right by estate planning is also important.

As Attorney Phillips observes, “Registering for an intellectual property right is important, but once someone has done that, it needs to be protected and defended going forward. It can be lost in an estate transfer if proper estate planning is not done. Heirs need to be apprised of the proper maintenance procedures regarding the asset when it is transferred.”

Mr. Phillips serves as a counselor to the Supreme Court of the United States. He is the author of 11 books, including his latest book Protecting Your Financial Future. He has written hundreds of articles for professional people to assist them in finding various strategies to use the law to protect their property, save taxes and make more money. He has given addresses at thousands of business seminars. He enjoys helping people apply the law, not only to provide asset protection and estate planning, but to use it to structure businesses and save taxes, helping individuals achieve success.

LegaLees was founded in 1982 by Lee R. Phillips. It is a legal self-help publishing company. It produces products designed to help people understand the law. Based on his own personal experiences, Mr. Phillips realized that people needed to be able to understand how the law works so they can direct their own legal professionals. He also saw that people who want to do their own legal work need to be shown how, not just handed a fill-in-the blank form. LegaLees has designed many products to help individuals structure their personal and business affairs. All of the products help the clients protect assets and prevent legal disasters that can strike at any time.

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Lee Phillips
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