Here at Legacy One Law Firm, we’re proud to offer first-rate services in business planning and entertainment law. We have a long history serving the community in Los Angeles, CA with personalized legal solutions for business and entertainment professionals. Whatever your needs, you can turn to us for qualified legal guidance and get the answers you’re looking for.
Have you or someone you love acquired intellectual property (IP) rights? If you’re an artist, composer, author or inventor, then copyrights, trademarks, and patents may comprise a large portion of your estate. Proper planning for California entertainment industry professionals involves a number of unique issues not commonly encountered by individuals and businesses in general. Thus, Entertainment Lawyer Sedric Collins includes customized language in each client’s will or living trust to ensure their intangible personal property will continue as valuable assets after their death.
Intellectual Property (IP) is a valuable asset for those in the entertainment industry. At Legacy One Law Firm, we help Los Angeles entertainment professionals plan to protect their IP rights effectively. We’re able to secure copyrights, trademarks, and patents for your creative works, and incorporate them into your estate planning.
We also draft comprehensive licensing agreements to maximize your IP's commercial potential. Not only do you maintain control over your IP, but we help you monetize it to the fullest.
Will your family, friends or other heirs be willing and able to use your IP rights if they receive them as an inheritance? If you die without a plan, the California probate court will decide how to distribute your IP and this may result in undesirable consequences for your valuable creative works. For instance, the person receiving your IP assets may not be able to properly manage and benefit from these rights. In many cases, a professional can be appointed to manage IP assets after your death and to monitor issues such as infringement and royalty distributions. Without planning, your IP may be left vulnerable to waste and mismanagement.
Entertainers, content creators, and producers seek the legal advice and counsel of Legacy One Law Firm to protect their projects and increase profitability domestically and abroad. We are available to address the full spectrum of entertainment transactional matters with an emphasis in the following areas:
Our multifaceted entertainment law practice is ready to serve as the trusted advisor to your creative project or business affairs.
Legacy One represents and/or consults individuals and businesses across the nation in entertainment and media related contracts or projects. Whether you are an artist, writer, producer, or investor, we will vigorously work to advance your interests and help maximize opportunities in a highly competitive global market. Entertainment Lawyer Sedric Collins provides entertainment law services to the following industry professionals:
Managing a family business in Los Angeles comes with unique challenges, particularly when it comes to estate planning. At Legacy One Law Firm, we help you untangle legal complexities and develop a strategy that works. We help ensure that your business assets are safeguarded against potential risks and liabilities. Business Planning Attorney Sedric Collins will help simplify ownership transferability and ensure the business lasts even after you are gone. A few hallmarks of our services are:
A comprehensive approach to financial strategies is necessary not just to preserve wealth for retirement, but to provide for loved ones. Thorough attention to detail is necessary to consider all relevant tax laws and applicable strategies. If your estate planning isn’t comprehensive, unexpected expenses could derail everything.
At Legacy One Law Firm, we’re highly experienced at the intersection of business, estate, and family law. We can consolidate your financial planning, minimizing taxes and ensuring your wealth goes to causes you care about.
If you want to provide for your descendants’ educations, we can help you implement an education trust. Instead of overwhelming young beneficiaries with lump sums, you can set funds aside just for education-related expenses. Likewise, we can fuel your passion for just causes and cement your legacy by helping you set up different types of charitable trusts. Whatever your goals, you can reach for them with Legacy One Law Firm.
Starting a new business can be an intimidating prospect. At Legacy One Law Firm, we understand how difficult it can be to begin a new endeavor, and so we offer rock-solid, practical legal advice to ensure new Los Angeles businesses are set up properly to achieve the owner’s short and long-term goals.
There are various types of businesses you can form in California including those listed below:
Sole Proprietorships: The simplest business entity, a sole proprietorship consists of a single owner. While it can be the easiest to form and operate, it typically does not offer the protections
afforded by more sophisticated business entities.
Corporations: A corporation is a separate entity and is generally managed by a board of directors (one or more people) that elect the officers of the corporation.
Limited Liability Companies: A Limited Liability Company (LLC) can consist of one or more members, known as owners, that share in the profits as well as the losses of the LLC. An LLC is an entity separate from their owners, and therefore, the owners are not typically held liable for the debts of the LLC.
Partnerships The two common types of partnerships that can be formed in California are general and limited. Business Planning Lawyer Sedric Collins can explain the different types of partnerships and determine which, if any, are best for your business formation.
Starting and owning a new business or creating entertainment art is both invigorating and fraught with legal challenges. Don’t go it alone; turn to Attorney Sedric Collins who will help you avoid personal liability, protect your assets and your intellectual property, and maximize opportunities for your creative works. His leadership and the dedication of our team makes Legacy One Law Firm one of the best in the business. A few reasons to turn to us include:
