Event Details

Date:
On Demand

Price:
Course Registration $60.00 Member
$75.00 Non-Member

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2021 Virtual Art Law Day

Artists’ Estates –
Inventory, Appraisal and Legacy
On Demand

Speakers:

Ashley Farrell, Senior Director, Collection Management, Winston Art Group

Carsten Hoffman, Managing Director, Stout

Karen McManus, President, Jacqueline Silverman & Associates 

Mary Pontillo, National Fine Art Practice Leader/Senior Vice President, Risk Strategies

Diana Wierbicki, Global Head of Art Law, Withers Bergman LLP

This panel of experts in art law, fine art and business appraisal practice, insurance, and estate planning will discuss the specific steps that artists, their advisors, family members, and fiduciaries should take both pre- and post death to ensure an expedient and comprehensive appraisal process which is in line with the artist’s desired legacy.

Panelists will share their experience with preparing estate tax appraisals for artists and will address IRS expectations in these situations, the content of the appraisal report, timelines for the report’s preparation and delivery, and specific recommendations for “do’s and don’ts.

Topics to be covered include: the importance of inventory management, classification and cataloging the art and archives, the location and condition of art property, insurance coverage and liability, authentication procedures, copyright and intellectual property issues, contract memorialization, blockage discount calculations, fees, and trustee selection.

1 CE credit

This is a recording of a session held live on November 12, 2021.
 

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