Legal Question in Business Law in Georgia

Re: Difference Between NGO and Trust

Although NGOs can include non-profit corporations, the term is generally restricted to social, cultural, legal, and environmental advocacy groups having goals that are primarily noncommercial. A trust is not a separate company, but a contractual relationship whereby a trustee holds some property for the beneficiary.

Your question seems too important to be answered in this forum. Further, you would need advice from a patent lawyer, which is not my field. I can only advise you on the business end of the invention. As such, it may be beneficial to set up a company to hold the intellectual property rights to the patent.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.MacGregorLyon.com

Re: Difference Between NGO and Trust

I work closely with a friend of mine, Tim Dravis, at http://patentdev.com/ I think you should at least consult with us together before making a decision as to which direction in which to go about the ownership of your patent. We don't charge for initial consultations. Please feel free to give me a call.