Appraisals of intellectual property rights

 Intellectual property (“IP”) is a work or invention that is the result of creativity, such as artwork, a film script or screenplay, a manuscript, and a painting or a drawing, to which one has rights and for which one may apply for statutory protection.

Examples of IP include:

  • Trademarks
  • Trade dress
  • Copyrights
  • Patents – Utility and Design
  • Trade Secret
  • Rights of Publicity
  • Moral Rights

Such rights frequently do not appear on a company’s balance sheet or in an individual’s net worth statement but often have significant value.  Properly appraising such assets plays an important part when selling, purchasing, and financing a business, as well as in divorce actions. Quite often such important holdings are overlooked or undervalued because the professional adviser lacks the requisite experience.