Download or read book Handbook of Practical Planning for Artists Art Collectors and Their Advisors written by Ramsay H. Slugg and published by American Bar Association. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Art is an asset of passion, as author Ramsay H. Slugg begins this invaluable resource, yet it has unique and important financial characteristics. These elements make art possibly the most difficult asset to incorporate into an overall estate and financial plan. This updated and expanded edition of Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors addresses two essential elements of art ownership: planning for the ultimate disposition of the art, including how to incorporate the wealth represented by the art into estate and financial planning; and the practical considerations for owners of the artwork as they actively collect and plan for the art's eventual disposition. Following a brief, general discussion of the art market, the author introduces and explains a client-focused process that can be used when advising collectors. Among the steps in the process includes explaining the income, estate, and gift tax consequences of various options as well as the important and often emotional non-tax considerations of collecting and disposing of art. The book discusses some charitable solutions available as these are often especially appealing options to many collectors and their advisors. As more artists achieve commercial success, their planning needs increase as the financial aspects of their work increases. Further, as artists often leave significant amounts of their work behind, inventory and legacy management become especially significant. This guide considers the unique issues involved when planning for artists, as well as the planning considerations and different tax rules that apply to self-created artwork rather than to capital assets, which is how works of art held by collectors and investors are classified. In addition to providing enlightening case studies, the book looks at the roles of other advisors involved in these decisions. This guide is written to appeal to all levels of knowledge, and accessible not only to trusts and estates professionals, but also for the collectors themselves as well as the many other professionals involved, including art advisors, risk management advisors, valuation advisors, and financial planners.
Download or read book Handbook of Practical Planning for Art Collectors and Their Advisors written by Ramsay H. Slugg and published by American Bar Association. This book was released on 2015 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Art is an asset of passion, yet it has unique and important financial characteristics, making it possibly the most difficult asset to incorporate into an overall estate and financial plan. Addressing the essential elements of art ownership--planning for the art s disposition and the practical considerations for collectors as they acquire and plan for how it will be handled this book presents a client-focused process for advising art collectors and the other professionals involved."
Download or read book Art Wealth Management written by Alessia Zorloni and published by Springer. This book was released on 2016-08-19 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an overview of how to manage private art collections, providing essential insights on art wealth management, art investment, art governance, and succession planning for art assets. It offers practical recommendations on sound art collection governance, but also examines the background of art markets and price building, including the influence of fashion and trends. Throughout history, art patronage has played an important role in the wealth of ultra-high-net-worth families and led to private museums funded by philanthropist collectors in order to celebrate their own tastes and leave a lasting legacy. Today, as a result of the growth of art investing by a new generation of wealthy collectors, not only artists but also wealthy families, sophisticated investors and their close advisors now face a more complex set of financial and managerial needs. As such, the contributions in this book will be of interest to collecting families, family offices, and professional advisors seeking to integrate art into their overall wealth management strategy, and to scholars in the fields of cultural economics, art dealers, curators, and art lovers.
Download or read book Art Collecting Today written by Doug Woodham and published by Simon and Schuster. This book was released on 2017-04-04 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's guide to buying, collecting, and selling art from an insider of Christie's Grounded in real-life stories, Art Collecting Today is the essential practical guide to today's art market. A lightly regulated industry with more than sixty billion dollars of annual sales, the art market is often opaque and confusing to even the most experienced collectors. But whether a seasoned collector, an uninitiated newcomer, or an art-world insider, readers will learn within these pages how the art marketplace works in practice and how to navigate it smartly. Those who may have been put off by art-world practices will finally feel they have the knowledge needed to participate freely and fully, and collectors will be able to pursue their passion with more confidence. Important topics covered include: How to evaluate, buy, and sell art while avoiding costly mistakes and time-consuming roadblocks How the market works in practice for essential artists like Ren? Magritte, Christopher Wool, Amedeo Modigliani, and Yayoi Kusama How collectors can be taken advantage of, and the actions they should take to protect themselves Why tax laws in the United States reward "art investors" yet penalize "art collectors" How cultural property laws impact the market for works by such artists as Frida Kahlo and Andy Warhol Advice for new and prospective collectors Informed by close to one hundred interviews with collectors, lawyers, art advisors, gallerists, and auction specialists in the United States and Europe, as well as by the author's own experiences, Art Collecting Today offers a lively and thought-provoking analysis of the day-to-day workings at play today in the fine art marketplace.
Download or read book The Art Collector s Handbook written by Ms Mary Rozell and published by Ashgate Publishing, Ltd.. This book was released on 2014-06-28 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid and unprecedented global expansion of the art market, new collectors are emerging every day. When buying art, whether for pure enjoyment, for investment or some other motive, few art collectors consider the practical and financial implications of owning and maintaining art, and many do not have a plan for how they might eventually dispose of it. This book, probing a number of resources and incorporating advice from top experts in the field, offers guidance on collection management and care, and serves as an important reference guide for collectors and those charged with managing collections.
Download or read book The Art Collector s Handbook written by Mary Rozell and published by Lund Humphries Publishers Limited. This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid and unprecedented global expansion of the art market, new collectors are emerging every day. When buying art, whether for pure enjoyment, for investment or some other motive, few art collectors consider the practical and financial implications of owning and maintaining art, and many do not have a plan for how they might eventually dispose of it. This book, probing a number of resources and incorporating advice from top experts in the field, offers guidance on collection management and care, and serves as an important reference guide for collectors and those charged with managing.
Download or read book The Art Collecting Legal Handbook written by Bruno W. Boesch and published by . This book was released on 2016-06-10 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Collecting, buying, selling, preserving and promoting cultural goods, whether fine art, archaeological objects or decorative arts, is now global. Oddly, rules and practices have remained very local, save for ICOM's efforts at the institutional level and UNESCO's endeavours to help preserve national cultural heritage and combat illicit trafficking. This book is designed to help the collector and their advisers navigate the maze. Each chapter of The Art Collecting Legal Handbook will address a number of issues from the perspective of a different jurisdiction. The format of the chapters will follow a questionnaire thus enabling readers to make quick and accurate comparisons." -- Product description.
Download or read book Life Is Short Art Is Long written by Michael Mendelsohn and published by . This book was released on 2007-01-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Art Law written by Ralph E. Lerner and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Masterpieces Fortunes written by Erik Pinto and published by Independently Published. This book was released on 2023-04-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Masterpieces & Fortunes is the ultimate guide for anyone who wants to dive into the world of art collecting. This book is packed with practical tips and advice on how to start and grow your art collection, make informed investment decisions, navigate the art market, manage your collection as an asset, and much more. Erik Pinto, a successful art collector and expert in the field, shares his insights and expertise to help you become a master art collector and maximize your returns. Key Features: Practical and easy-to-understand advice for both novice and seasoned art collectors. Clear and concise explanations of art market trends, valuation, legal and ethical considerations, and other key topics Tips and strategies for building a cohesive and diverse art collection, managing your assets, and leaving a lasting legacy. No fluff or fillers - just straight-to-the-point information that you can put into action immediately. Order your copy today and start your journey to becoming a successful and profitable art collector.
Download or read book The Art Collector s Handbook written by Mary Rozell and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, probing a number of resources and incorporating advice from top experts in the field, offers guidance on collection management and care, and serves as an important reference guide for collectors and those charged with managing collections.
Download or read book Art Law written by Ralph E. Lerner and published by . This book was released on 1989 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long considered the gold standard in legal and tax guidance for visual art professionals and their attorneys, Art Law is now even more valuable to anyone involved in this complex, interconnected industry.Teeming with new information and analysis and many new sample documents, the three-volume Third Edition of Art Law is the one resource you must consult to help ensure you formalize rock-solid agreements, maximize tax savings, and minimize legal liabilities.A uniquely practical guide to all legal and tax issues.Art Law Thirde Edition is stocked with timesaving forms, checklists, charts, and procedural guides.Distilling an immense body of law into three practical, transaction-enabling volumes, the new Third Edition of ART LAW is required reading for anyone who buys, sells, collects, appraises, authenticates, exhibits, restores, invests, or advises in the visual art world.
Download or read book Art Law written by Ralph E. Lerner and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Widely acknowledged as the cornerstone reference for visual art professionals and their attorneys since it was first published in 1989,Art Law provides unsurpassed legal, business, financial, tax, and estate planning information and guidance for this major sector of thecreative arts.Written by two of America’s foremost art law authorities, the new fourth edition of Art Law enables you to • Draft effective agreementsclearly defining the rights and obligations of the parties involved, whether they’re artists, dealers, collectors, investors, appraisers,museums, or auction houses • Create tax-advantaged strategies for collectors and artists - with the help of detailed coverage ofcomplete and partial inter vivos charitable transfers, noncharitable transfers, deductions of expenses when selling collections, outright bequests of artwork, and income tax deductions for expenses when creating art • Minimize the legal exposure of clients -by helping collectors avoid valuation errors, dealers avoid conflicts of interest, artists avoid copyright infringement, and auctionhouses avoid antitrust violations and other illegal practices.Just published, the new fourth edition has been completely updated to reflect the most recent legal developments and business trendsand includes new material on such areas as Holocaust-looted art, stolen art claims by sovereign entities, and the liability of sellers andcurrent owners in such cases. Art Law includes a host of step-by-step, field-tested checklists and a vast storehouse of adaptable modelagreements involving collectors and dealers, owners and dealers, and dealers and dealers, as well as forms for appraisals, fine artlicenses, property exchanges, tax-free exchanges, loans and promised gifts from artists’ estates, dealings with auctionhouses, privateand public commissions, and museum donations.Distilling an immense body of law into two practical, transaction-oriented volumes, the new fourth edition of Art Law isrequired reading for anyone who buys, sells, collects, appraises, authenticates, exhibits, restores, invests, or advises in the visual art world.
Download or read book The Artist s Estate written by Dr. Loretta Würtenberger and published by Hatje Cantz Verlag. This book was released on 2021-11-24 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andy Warhol bequeathed us the words "Death can really make you look like a star." But death per se is not a catalyst for the relevance of an artist. What is of crucial importance is the proper management structure for the posthumous preservation and development of an artistic estate. The handbook by Loretta Würtenberger presents the possible legal framework, appropriate financing models, as well as the proper handling of the market, museums, and academia. Her business, Fine Art Partners, has advised artists and artists' estates for many years in their structuring and development of estate concepts as well as in operative questions. Based on numerous international examples, the author explains the different alternatives for maintaining an artist's estate and makes recommendations on how to ideally handle work, archives, and mementos following the death of an artist.
Download or read book Commissioning Contemporary Art written by Louisa Buck and published by Thames & Hudson. This book was released on 2013-05-06 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides the definitive guide to commissioning contemporary art. Every step and stage is revealed and demystified from the initial invitation to an artist to the financing of a project, from the drafting of contracts to the final siting and installation of works, from the care and preservation of commissioned pieces to their interpretation and publicity. Combining theoretical and conceptual considerations with practical ones, Buck and McCleans lively and instructive text is supplemented with copious quotations and insights from some of the best-known artists, curators, commissioners and museum directors of today, including Nicholas Serota, Hans Ulrich Obrist, Jeff Koons, Vito Acconci, Mark Wallinger, Anish Kapoor, RoseLee Goldberg, Thomas Krens, Anne Pasternak, Barbara Gladstone, Mera Rubell, and Olafur Eliasson, to provide a detailed and informed how-to guide to the commissioning process.
Download or read book Fine Art Movement and Storage written by Chuck Agro and published by Rowman & Littlefield. This book was released on 2019-11-08 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: A successfully managed project is a carefully planned and organized effort. A critical and essential skill for any art service manager is project management—the ability to organize resources--labor, budgets, materials-- and handle constraints so that a project’s goals are successfully accomplished. Fine Art Movement and Storage: Project Management for the Visual Arts is a practical handbook for developing and managing multi-faceted projects from the project manager’s point of view, including estate moves, exhibition planning for preparators, storage setup, planning and maintenance, storage movement and planning, collection relocations, traveling exhibitions, art fairs, and the prioritizing of overlapping projects. It covers complex and advanced project management issues such as: Identifying your stake holders and foreseeing potential stake holder conflicts, Identifying the project’s goals and parameters, Outlining goals for initial and follow-up site visits, Guidelines for conducting a site visit, Planning for art and material staging, Estimating and quoting time, labor, and materials, Understanding and estimating hard and soft costs in your budget, Planning for contingencies, Developing budgets and timelines, Scheduling overlapping tasks, Creating daily goal sheets and project punch lists, Training and staffing your crew, Assigning crew leaders, Delegating project responsibilities, Managing quality control and industry standards, Understanding project completion, post completion, and follow up, and Managing multiple projects. Over 50 graphics help to make this a book you’ll use every day. Every art institution, art service company and individual that manages projects or anticipates a project will need and want to have access to this book as a resource, as a reference and as a training tool.
Download or read book The Collector s Handbook 9th Edition written by Ivy Press and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
