Legacy and transfer of HLF funded assets

Hi. I am hoping some of you will be able to offer words of wisdom and experience around legacy development, in particular when a new organisation, such as a 'Friends of' group is established. This is the route that Land of Oak & Iron is going down. 

Have any other partnerships transferred assets such as IT equipment, website, data etc to newly established organsaitions? If so I presume you had agreements in place re management and maintenance, and also ran training prior to handover? 

Was it a smooth process or were there heated negotiations with the Accountable Body?

Who owns IT equipment etc once the LPS ends? I know it all has to be included in the M&M plan.