| name | distribution-of-assets-plan |
| title | Distribution of Assets Plan |
| description | Drafts a corporate Distribution of Assets Plan for dissolution, restructuring, or wind-down, covering asset inventory with valuations, beneficiary designations, distribution methodology, contingency provisions, administrative powers, and execution formalities. Use when preparing dissolution plans, corporate wind-down documents, or asset allocation agreements among shareholders, creditors, or stakeholders; trigger keywords: distribution of assets, dissolution plan, wind-down, asset allocation, liquidating distribution. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/distribution-of-assets-plan |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | corporate |
| language | en |
| tags | ["agreement","drafting"] |
Distribution of Assets Plan
Allocates entity assets among designated beneficiaries or stakeholders upon dissolution, restructuring, or other triggering events, with jurisdiction-compliant execution formalities.
Prerequisites
- Entity identification — legal name, jurisdiction of formation, EIN
- Triggering event — dissolution, restructuring, death/incapacity of principal, merger
- Asset inventory sources — balance sheets, deeds, account statements, appraisals
- Beneficiary information — legal names, relationships, contact info, ownership percentages
- Governing documents — articles of incorporation, bylaws, operating agreement, shareholder agreement
- Jurisdiction — state of formation and any states where assets are located
Output Structure
1. Preamble
| Element | Content |
|---|
| Entity name & type | Full legal name, state, entity type |
| Effective date | Date of plan execution or triggering event |
| Triggering circumstances | Dissolution vote, court order, death, restructuring resolution |
| Legal authority | Governing statute (e.g., state Business Corporation Act, LLC Act) [VERIFY jurisdiction] |
| Plan purpose | One-sentence statement of intent |
2. Asset Inventory
For each asset, capture:
| Field | Detail |
|---|
| Asset ID | Sequential reference number |
| Category | Real property / Financial account / Business interest / IP / Equipment / Other |
| Description | Legal description, institution + last-4, registration # as applicable |
| Current FMV | Appraised or book value; valuation date |
| Encumbrances | Liens, mortgages, pledges, transfer restrictions |
| Disposition method | Liquidate / Transfer in kind / Retain for wind-down |
Categories to address:
