Legal Question in Intellectual Property in New York

Much of it depends on the contemplated / actual usage of the TM and goals of the business. This require a consultation.

My office has a special offer for LawGuru clients where we can conduct a limited review of the matter at $99. To take advantage of this limited time offer please go to:

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The decision to own the mark as an individual vs an entity depends. In most cases, the mark is owned by the business and that becomes and asset like any other asset of that business. The partners involved would not lay claim over any other in most scenarios.

In some cases, an individual will retain the ownership of the mark and license it to the business. This strategy can offer some tax benefits because the income to that mark holder under the licensing agreement is not subject to the self-employment tax.

I suggest that you consult a lawyer in private to explore your options. If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Kind regards,

Frank

www.LanternLegal.com

866-871-8655

[email protected]

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.