I am an American writer. I need to transfer my royalties to the publishing company I have just set up in another country. This is for the purpose of asset protection, so I'm doubtful whether it is sufficient to simply assign the royalties. Do I need to change the copyright info in the books? What steps do I have to take to accomplish this so that I am fully protected?
1 Answer from Attorneys
You should discuss the details of your situation directly with an attorney. I would assume your assets are significant, so you certainly do not want to risk loss of those assets by saving a few bucks setting this up on your own.
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