Estate & Asset Protection For Entertainers

Many people’s assets covered by estate planning are tangible things such as homes, vehicles, business properties, stocks, bonds, and financial accounts. However, entertainers and other creative producers such as published authors may possess intangible assets that will pay out long afterward, such as projected royalties and performance contracts. Meticulous estate planning is essential if you wish to be the one to decide how those anticipated valuable assets will be distributed when you are no longer living.

Experience tells us that great creative output may become much more valuable after an artist’s death than during his or her lifetime. Might that be the case with products of your creativity? As an actor, a composer, a director of a show playing in Las Vegas, an orchestra member, a comedian, or any type of artist or entertainer, you are right to be concerned about things like estate planning, contracts, and asset protection.

Plan For Thoughtful Transfer Of Profits After Your Lifetime

You may be a singer, songwriter, playwright, fashion designer, professional athlete, or inventor. You may anticipate income from your creative work to continue long term — and wonder how to ensure that the profits will go where you want them to if you cannot receive them.

Who will receive the balance of your contract payouts if you become incapacitated or die before a contract’s completion? What about future sales of recordings, art objects, or your unpublished autobiography? What if recordings of your performances or performances of your compositions become part of lucrative Hollywood films? Who will reap the benefits?

Discuss your options for intellectual property and asset protection with an experienced lawyer. At Avalon Legal Group, we will help you explore avenues of estate planning that will protect your creative assets. Our attorneys offer personalized legal counsel that will include evaluation of your creative output, family circumstances, and other unique factors.

Some of your concerns may be addressed through the terms of contracts you sign with entities generating the income: performance venues, television networks, or publishing houses. Other aspects of your asset protection may figure into estate planning. We can advise you on trusts and other ways to direct future earnings from your creative work to benefit your spouse or partner, children, preferred charities, or any beneficiaries you designate.

Let’s Talk About Asset Protection

valon Legal Group is a full-service law firm based in Las Vegas with attorneys licensed to practice law in Nevada, California, and Illinois. Our office has extensive experience representing clients in Las Vegas, Clark County, and throughout Nevada, including Summerlin, Henderson, Spring Valley, North Las Vegas, Boulder City, and Reno.

What sets us apart is our commitment to personalized service. When you work with Avalon, you work directly with experienced counsel. Our attorneys also speak Spanish and Russian, allowing us to serve a diverse range of clients with confidence and care. We combine legal knowledge, courtroom skill, and a wide area of expertise to achieve success for our clients.

Contact us today for a free consultation at (702) 522-6450 or complete an email intake form.  Se habla español.