As an heir or recipient listed in a loved ones' will, the process of being granted the assets directed to you is not always smooth - especially if your name is "whited out" by someone other than the owner of the will, such as a their spouse or your stepparent. The...
Wang IP Law Blog
FORM 5472: POTENTIAL TAX LIABILITIES FOR FOREIGN CORPORATIONS
On Behalf of Wang IP Law Group, P.C. | Jun 18, 2015 | Wang IP Law Blog
If you are a foreign corporation doing business in the U.S., you may need to file Internal Revenue Service (IRS) Form 5472 or face a $10,000 penalty. The IRS automatically fines $10,000 every time it does not receive a foreign corporation's Form 5472 on time. 26...
SEVEN COMMON CLAUSES IN SHAREHOLDER AGREEMENTS FOR CALIFORNIA CORPORATIONS
On Behalf of Wang IP Law Group, P.C. | Jun 16, 2015 | Wang IP Law Blog
There is no legal constraint limiting the topics in a shareholder's agreement. There are many important issues that should be addressed such as voting agreements and share transfer regulations. Although there is no legal constraint limiting the topics in a...
PLANNING YOUR ESTATE: LIVING TRUSTS VS. WILLS
On Behalf of Wang IP Law Group, P.C. | May 13, 2015 | Wang IP Law Blog
Estate planning is an important tool that allows you to decide what happens to your money and assets rather than the government. By creating an estate plan, you can outline who receives what, when they get it, and under what circumstances and conditions. Control of...
DRAFTING LLC OPERATING AGREEMENTS
On Behalf of Wang IP Law Group, P.C. | May 6, 2015 | Wang IP Law Blog
A limited liability company (LLC) operating agreement is similar to corporate bylaws in that both types of documents define the terms of how your business will function. The operating agreement sets forth the internal rules for governing a limited liability company,...
10 MISCONCEPTIONS ABOUT INTELLECTUAL PROPERTY LAW
On Behalf of Wang IP Law Group, P.C. | Apr 29, 2015 | Wang IP Law Blog
How well do you understand intellectual property law? While many people may have a general idea of what patent, copyright and trademark rights protect, it is important to consider when and how they are actually used. Click on the statements below to find out the truth...
PROTECTING YOUR TRADEMARK INTERNATIONALLY
On Behalf of Wang IP Law Group, P.C. | Apr 22, 2015 | Wang IP Law Blog
As your business continues to grow, it is important to evaluate whether or not your brand extends beyond the country in which you are located. Often times, trademark protection in the United States alone is not enough for companies that currently or are planning do...
USCIS COMPLETES H-1B LOTTERY SELECTION PROCESS AFTER RECORD YEAR OF APPLICANTS
On Behalf of Wang IP Law Group, P.C. | Apr 14, 2015 | Wang IP Law Blog
United States Citizenship and Immigration Services (USCIS) completed lottery selection for H-1B visa applicants on April 13, using a computer-generated random selection process. The agency began the selection process with advanced degree exemptions, which were capped...
MARVEL COMICS AND JACK KIRBY’S ESTATE REACH SETTLEMENT
On Behalf of Wang IP Law Group, P.C. | Sep 29, 2014 | Wang IP Law Blog
Marvel Comics and Jack Kirby's estate reached a settlement this past Friday after a long legal battle over claims to intellectual property rights regarding several popular superhero characters. Kirby, who was responsible for creating the likes of Spider-Man, Captain...
WHY ESTATE PLANNING MATTERS: THE PASSING OF ROBIN WILLIAMS
On Behalf of Wang IP Law Group, P.C. | Sep 12, 2014 | Wang IP Law Blog
Robin Williams was an esteemed actor and comedian before his suicide in August 2014. His passing may lead to financial troubles for his family in managing his estate. Estate planning is important to ensure that a person's assets are accounted for after death. When...
