Estate Management

M A N A G I N G   A N   E S T A T E

 

See Also: ArtlinkGlobal Auction News Advisories at:

 http://artlinkglobaladvisory.wordpress.com/

See Also: ArtlinkGlobal Benchmarks for Designers at:

http://www.houzz.com/ideabooks/22926344

  • Bequeathing an intact collection to heirs can leave them with a huge tax bill and a difficult asset to manage and sell. Advance estate planning is essential because the potential for appreciation could quickly put an owner over the federal estate tax limits.

 

  • Even if you think you can avoid taxes by leaving the collection to a museum upon your death, you should make sure the deal is inked well in advance. Often a museum is not looking for an entire collection, or there may be works or artists that are not desirable to a museum’s collection.

 

  • One of the best ways to avoid estate taxes upon your death is to put the art inside certain trusts. An attorney can help you decide which works best for saving taxes and preserving a collection and its appreciation for a charity or family.

 

With expert help, including appraisers, tax advisors, auction houses, private placement aggregators, and the wise and experienced advisory of Artlinkglobal, decisions can be tailored to each of the art works and antiques.  Where should they be sold and how, what is their present worth, what are the tax consequences of gifting vs selling and which avenue of action will provide best for a fortuitous outcome.

  • Select private or auction sale approach & advise on process, timing & geographic location

  • Determine value (including estimates & reserves when applicable)

  • Negotiate advantageous financial & marketing terms

  • Coordinate & manage consignments; provide detailed accounting for mixed or complicated consignments

  • Source works through global network of auctioneers, private dealers & collectors

 

  • Economist and Art Historian:
  • Proprietary search, authentication and strategic implementation at auctions worldwide