Welcome back. We are here to talk more about assets. This list is one that many do not always consider when estate planning in Cary. Assets that can’t be touched are considered intangible assets. They are valued, non-physical items that are beneficial to an organization or business.
Intangible assets might also be valuable to family members, as well. Individuals who are currently estate planning in Cary might find the following list helpful when deciding what should be considered an asset.
Intangible Assets | Estate Planning Cary
Intangible assets should also be included within a will. Estate planning includes everything that is considered an asset. Below, you’ll find a list of intangible assets that might be both common and uncommon. Remember, the reason for this list is to help you better understand what can be included within your overall list of assets.
- Use rights - air, water, land
- Training manuals
- Trained & assembled workforce
- Trademarks
- Trade secrets
- Title plants
- Technology sharing agreements
- Supplier contracts
- Solicitation rights
- Shareholder agreements
- Security interests
- Securities portfolios
- Schematics & diagrams
- Royalty agreements
- Proprietary technology
- Property use rights
- Product designs
- Procedural manuals
- Permits
- Patents
- Natural resources
- Musical compositions
- Mineral rights
- Methodologies
- Medical charts and records
- Manuscripts
- Manual databases
- Management contracts
- Location value
- Loan portfolios
- Licenses
- Landing rights
- Laboratory notebooks
- Joint ventures
- Historical documents
- Goodwill
- Franchise agreements
- Food flavorings & recipes
- Film libraries
- FCC licenses
- Environmental rights
- Engineering drawings
- Easements
- Drilling rights
- Domain names
- Distribution rights
- Distribution networks
- Development rights
- Designs & drawings
- Customer relationships
- Copyrights
- Cooperative agreements
- Contracts
- Computerized databases
- Computer programs
- Chemical formulas
- Buy-sell agreements
- Broadcast licenses
- Brand recognition
- Brand names
- Bonds
- Blueprints
- Accounts receivable
To learn more about tangible assets, be sure to visit with our previous blog post. We have a list there as well. If you have questions about estate planning in Cary, contact our lawyer.
Eldreth Law Firm | Estate Planning in Cary
If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our attorney is here to help you get your estate planning in Cary started and in order. That way, should you pass in an untimely manner or become incapacitated at some point it will be there for your loved ones. It’s better to be safe than sorry when it comes to an estate plan. Contact our office today to get started estate planning.
As always, feel free to contact us with any questions or concerns you may have concerning legal issues. Contact our lawyer to schedule a consultation if you have questions about small business needs, trademarking, copyrighting, or other legal situations. Call today for more information!
