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Are domains an asset that could be sold by a trustee?

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    #31
    Originally posted by DeadManCrawling View Post
    Another thing to consider very seriously.

    The value of a site like yours may be entirely dependent on YOU, and on YOUR talents and knowledge that could in no way be recreated.

    That results in the true value of such an asset being virtually nothing. All of the value is in your head and tied up in your person.

    In bk that can be a very good thing.

    Another way to look at it: Would the site make any money at all if you were not involved in any way? Think about that very carefully and try not to let ego interfere.

    If the answer is that the site is worthless without you, then speak with your attorney about listing its value as zero. You may be asked to explain this later, but maybe not.

    And if it is an honest look at the situation, you would have nothing to fear.

    Do speak in-depth with your attorney in any case, and good luck to you.
    That did come up with the lawyer - the site would have little or no value if I weren't involved. But I would need to know without any doubt that the site is completely safe before filing. Is there any way to establish that? Thanks for any suggestions!

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