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Attorney Eels from Potts Weinstein discusses the process of formally transferring trademark ownership. This situation often arises when clients sell their businesses or transition from a sole proprietorship or partnership to an LLC or corporation. To transfer ownership, one must file with the United States Patent and Trademark Office (USPTO). Eels advises visiting the USPTO website and navigating to the "apply online" section, where necessary forms for the assignment process can be found. This formal procedure is essential to ensure that the trademark is legally owned by the new entity.