Legal Question in Intellectual Property in New York

valuations of intellectual property

I am the executor for a multi-million-dollar estate that is donating all its assets -- including intellectual property -- to a charitable organization. Do I need a professional appraisal for the intellectual property, since there is no tax consequences, or can I get away with a best-guess estimate?


Asked on 1/30/08, 10:27 am

1 Answer from Attorneys
Nancy Delain Delain Law Office, PLLC

Re: valuations of intellectual property

There are indeed tax consequences to intellectual property donations.

I'd get the appraisal.

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Answered on 1/30/08, 7:35 pm


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