If your estate includes forms of intellectual property (IP), such as patents and copyrights, it’s important to know what these intangible assets are worth and how they should be transferred to heirs. For the former, obtain an appraisal from a professional with experience valuing IP. For the latter, take into consideration not only the gift and estate tax consequences, but also your income needs and who’s in the best position to monitor your IP rights and take advantage of their benefits. We can help you decide how to best address IP in your estate plan.