Estate Planning for Art Collectors

A Guide to Estate Planning Considerations for Art Collectors

-art-dealer-gagosian. 4. See New York Attorney General's Office Press Release, A.G. Schneiderman Announces. $7 Million Settlement with Art Collector Aby ...

Why your art collection should be part of your estate planning

Art collections are an emotionally charged part of your estate. Here's how to prepare for a smooth transfer to the next generation.

Estate Planning For Owners, Investors And Creators Of Art - Forbes

The personal nature of art collections, often mirroring the collector's life journey, complicates the disposition of these assets. The art ...

Art Executors and Estate Planning for Art Collectors | Artwork Archive

Artwork Archive is the database trusted by art collectors, and their lawyers, in over 130 countries. Try it free for 14 days.

Estate Planning for the Artist and the Art Collector - Venable LLP

Art is particularly well-suited for charitable transfers if the circumstances fit, but not all collectors or artists want to leave their art to a charitable ...

Estate Planning for Art Collectors: What to Consider

Here, Ringwald discusses some of the challenges and options to help ensure your art satisfies all of your priorities.

Preserving Artwork for Future Generations - Morgan Stanley

Having an estate plan that considers your collection's legacy may help preserve its value and avoid trouble for future generations.

Estate Planning Strategies For Art Collectors In Volatile Market

Estate Planning Strategies For Art Collectors In Volatile Market · 1. Using Family Limited Partnerships (FLP) and Limited Liability Companies ( ...

Why Estate Planning is Important for Artists and Art Collectors

When artwork appreciates in value, there may be a need for art appraisals for the estate planning process to fulfill certain legal and tax ...

Wealth Planning With Art | Northern Trust

The difficulty of valuing art for gift and estate taxes can be complicated by the fact that a work is often part of a collection.18 For example, renowned artist ...

Estate planning and your art collection - RRBB

If you're an art collector, it's critical for your estate plan to address your collection separately from other types of assets. Investments in artwork may ...

Accounting For An Art Collection- Estate Planning - Mauldin & Jenkins

There are three options for handling your pieces of art in your estate plan: Sell them, bequest them to your loved ones, or donate them to a museum or charity.

Five Considerations When Planning for Artists and Collectors

Create a Comprehensive Inventory of the Artwork · Consider Donating to a Charity · Establish a Trust · Plan for Valuation and Division of Artwork ...

Navigating Art Market Volatility: Estate Planning Strategies For Art ...

This strategy not only keeps the future appreciation of the art out of the collector's estate, it also preserves control over the collection ...

Art as a Passion Asset and the Economics of Taste - Morgan Stanley

With a plan, the collector may establish legal structures to own and retain the art, appoint art specialists to advise on the art, alleviate the emotional ...

The Fusion of Fine Art and Estate Planning: A Creative Legacy

Estate planning is a critical aspect of financial management, often involving complex decisions and legal implications. For art collectors ...

Estate Planning for Art Collectors - Center for Art Law

Center for Art Law and Dunnington Bartholow & Miller LLP are excited to present a CLE event on the topic of Estate Planning for Art Collectors.

Navigating the Nuances of Estate Planning for Art Collectors

Utilizing a Revocable Living Trust for Art Collections: An effective strategy for managing an art collection within an estate plan is using a revocable living ...

Art Collection Cataloging for Estate Planning - Artwork Archive

Allow your family members and estate planners to access and view your art collection when necessary. Record important information and track key documents.

NY Estate Planning Lawyer Talks Protecting Art Collections

Mistakes to Avoid When Including Artwork in Your New York Estate Plan · Purposely undervaluing your collection. You may be committing estate tax fraud if you ...