When a copyright is obtained, the owner has the exclusive right to use and distribute all copies of the material. Any other use of the copyrighted material may be considered copyright infringement. However, there are instances where the use of copyrighted materials...
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Wang IP Law Blog
ESTABLISHING A LIVING TRUST
On Behalf of Wang IP Law Group, P.C. | Aug 11, 2015 | Wang IP Law Blog
Setting up a living trust is an important part of planning the distribution of your estate. A living trust is a legal document that acts as a substitute for a will. If you have children, or specific people you want your estate to pass on to, setting up a living trust...
THE IMPORTANCE OF INTELLECTUAL PROPERTY IN BUSINESS
On Behalf of Wang IP Law Group, P.C. | Aug 10, 2015 | Wang IP Law Blog
Intellectual property is becoming an increasingly important business asset. Intellectual property refers to innovations in the form of copyrights, patents, and trademarks. Examples of intellectual property include novel inventions, artistic works, literary works, and...
INCORPORATING A BUSINESS
On Behalf of Wang IP Law Group, P.C. | Aug 9, 2015 | Wang IP Law Blog
When starting a business, it is important to research the different types of business entities to determine which one is best suited for your business. The most popular business entity is a corporation. Incorporating your business will make the business a legally...
WHEN DO YOU NEED A WILL?
On Behalf of Wang IP Law Group, P.C. | Aug 7, 2015 | Wang IP Law Blog
There are many ways one could plan for the distribution of assets after their death. With so many estate distribution options available, when is it necessary to have a will? The main reason people avoid writing a will is because they would like to avoid probate....
SUPREME COURT UPHOLDS PRECEDENT PROHIBITING ROYALTY COLLECTION ON EXPIRED PATENTS
On Behalf of Wang IP Law Group, P.C. | Aug 5, 2015 | Wang IP Law Blog
On June 22, 2015, U.S. Supreme Court ruled against the inventor of a Spiderman toy who claimed that a 50-year-old precedent barred him from collecting the royalties he was entitled to. The court declared collection of post-patent royalty as unlawful and upheld the...
POWER OF ATTORNEY
On Behalf of Wang IP Law Group, P.C. | Aug 5, 2015 | Wang IP Law Blog
In the event that you are incapable of making decisions for yourself, assigning the power of attorney to a trusted relative or loved one is important in protecting your assets. The power of attorney is a legal document where an individual, also known as the principal,...
ARE YOU READY TO FILE FOR A PATENT?
On Behalf of Wang IP Law Group, P.C. | Aug 5, 2015 | Wang IP Law Blog
The United States Patent and Trademark Office (USPTO) grants patents for the protection of inventions. Patent holders have the exclusive right to make, use, or sell an invention for a certain period of time. Filing a patent application is a complex process but it is...
DRAFTING A RENTAL AGREEMENT AS A LANDLORD
On Behalf of Wang IP Law Group, P.C. | Aug 4, 2015 | Wang IP Law Blog
As a landlord, one must take all necessary precautions when drafting a rental agreement. It is important to cover all aspects of the rental process and be prepared for any complications that may occur. A thorough rental agreement allows the landlord to have complete...
TRADEMARKING A NAME
On Behalf of Wang IP Law Group, P.C. | Aug 3, 2015 | Wang IP Law Blog
You have probably seen a trademark symbol denoted by a small TM at the corner of a word or phrase, but what exactly does it mean? A trademark symbol is placed on a word or phrase that identifies a product or service provided by a particular source. Similar to a...
