On Sunday, April 26, 2020, we celebrated World Intellectual Property Day. This day is commemorated as a reminder of how important innovation and creativity are to our societies around the globe. It’s also a reminder that the idea of protecting intellectual property dates back to the Constitution, which shows how important it is to stay committed to giving honor where it’s due. The incentive of protective rights as it relates to ideas and inventions fuel the fire needed for great minds to continue thinking outside the box.
The World Intellectual Property Organization, or WIPO, took the opportunity this year to focus on sustainability. They encouraged businesses all over the world to use innovative techniques to do things differently than the way they have been done before. From farming to fashion, it’s incredibly important to find news processes that will make the world a better place.
The USPTO also recognized World Intellectual Property Day and published incredible examples of how patented processes have promoted this year’s theme, “Innovating for a Green Future”. They’ve also worked alongside other Intellectual Property organizations to host the 2020 competition, Patents for Humanity. This award will be given to a person or group who comes up with an affordable and sustainable solution that will help people in need.
Due to the CoVID-19 crisis, WIPO did not host any public events this year. However, that does not negate the charge to inventors everywhere. Creators should utilize this time of uncertainty to develop inventions and devise patents – for the good of those around them.
For instance, if you are stuck at home, I urge you to learn a new language, a new hobby, or create something of your very own. I challenge you to come out of this time better than before, especially if you have extra time on your hands. Think about it like this – if a business has already turned their in-office workforce into a teleworking conglomerate, that business has already come up with a new, scalable way of moving towards the future. It may just be that in this survival mode, small businesses and self-employed individuals can rise up to see a solution that wasn’t ever needed before – but now is!
If you’re ready to create or update your Estate Plan, schedule a consultation. If you’re still gathering information, feel free to join my Facebook community for ongoing guidance and support: Legal Insights Facebook Group.
Start here:
Estate Planning FAQs
Explore other core documents in a complete estate plan:
- Preparing for Estate Planning
- What Is a Trust
- What Is an Advance Healthcare Directive
- What Is a Durable Power of Attorney
- What Is a Will
Want to explore more topics?
View all Estate Planning articles
Connect with me:
🌐 Website |
📘 Facebook |
📸 Instagram |
💼 LinkedIn |
⭐ Yelp
fRANCINE d. wARD
- What is a DeedWhat is a Deed and Why is it Important A deed is a legally binding document and if you own real property, it is an essential part of an estate… Read more: What is a Deed
- What is Intestate Succession?What is Intestate Succession? When you die without a valid will, the law—not you—decides who gets your property. That process is called intestate succession. Many people assume their “closest” loved… Read more: What is Intestate Succession?
- What is Probate?What is Probate? Probate is one of those legal processes most people have heard of but hope they never have to deal with. Yet, for many families—especially in California—it becomes… Read more: What is Probate?
- What is an Agent for Healthcare and Finance?What is an Agent? Choosing the right agent—also known as an attorney‑in‑fact—is one of the most important decisions you will make in your estate planning process. An agent is the… Read more: What is an Agent for Healthcare and Finance?
- IncapacityIncapacity. What It Is, Why It Matters, and How to Protect Yourself Before It Happens Incapacity is one of the most disruptive events a person can face; yet, it is… Read more: Incapacity