distribution-of-assets-plan

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

1. Entity identification — legal name, jurisdiction of formation, EIN
2. Triggering event — dissolution, restructuring, death/incapacity of principal, merger
3. Asset inventory sources — balance sheets, deeds, account statements, appraisals
4. Beneficiary information — legal names, relationships, contact info, ownership percentages
5. Governing documents — articles of incorporation, bylaws, operating agreement, shareholder agreement
6. 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:

• Real property (legal descriptions and recording references)
• Bank and investment accounts