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In this tutorial, attorney Eels from Potts Weinstein explains the formal process for transferring trademark ownership. This situation commonly arises when individuals sell their business or transition from a sole proprietorship or partnership to an LLC or corporation. To transfer the trademark, one must file an assignment with the United States Patent and Trademark Office (USPTO). The necessary forms can be found under the trademarks section of the USPTO website, specifically in the apply online section, even though the user is not applying for a new trademark. The process ensures that the trademark is legally and formally assigned to the new owner.