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What useful life is used to amortize legal costs related to the successful defense of a patent?

It is important to understand that legal fees for a patent that is successfully defended can be capitalized. The estimated useful life should be the lesser of the economic life or the remaining legal life of the patent.

For example, if the patent has 10 years left but the company thinks the patent will only be valuable for 8 more years, then the company should amortize the legal costs over 8 years.


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