Publications | Book
Asset Protection Strategies: Planning with Domestic and Offshore Entities, Volume I, Second Edition
Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors, Second Edition
By Ramsay H Slugg
Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors, Second Edition
By Ramsay H Slugg
$89
NON-MEMBERS
$89
MEMBERS
$69
SECTION MEMBERS
$89
NON-MEMBERS
$89
MEMBERS
$69
SECTION MEMBERS
*Additional discounts may apply at checkout
Log In to view your rate
Art is an asset of passion, as author Ramsay H. Slugg states, yet it also has unique and important financial characteristics. This makes art possibly the most difficult asset to incorporate into an overall estate and financial plan.
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 address the wealth represented by the art into any estate and financial planning, and also the practical considerations for collectors as they actively collect and plan for the art’s eventual disposition.
After a brief discussion of the art market generally, the book introduces and explains a client-focused process I use when advising art collectors. This process includes explaining both 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 also discusses the role and importance of other advisors who are involved in these decisions, including art advisors, risk management professionals and appraisers. To better illustrate the material, the book features enlightening case studies.
After a brief discussion of the art market generally, the book introduces and explains a client-focused process I use when advising art collectors. This process includes explaining both 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 also discusses the role and importance of other advisors who are involved in these decisions, including art advisors, risk management professionals and appraisers. To better illustrate the material, the book features enlightening case studies.
Product Details
Sponsor Groups
Section of Real Property, Trust and Estate Law
Publisher
ABA Book Publishing
Author
Ramsay H Slugg
ISBN
9781641052894
Page Count
184
Product Code
5431054
Trim Size
6 x 9 Paperback
You might also like
Publications | E-Book
Asset Protection Strategies: Planning with Domestic and Offshore Entities, Volume I, Second Edition (ebook)
Publications | Book
An Estate Planner's Guide to Buy-Sell Agreements for the Closely Held Business, Third Edition
Related On-Demand CLE
Audio and Video | On-Demand CLE
Returning Clients Home from a Nursing Home: Nursing Home Transition Success Through Collaborative Advocacy (On-Demand CLE)
Audio and Video | On-Demand CLE
Building a Late-Life, Decision-Making Infrastructure For People Aging Alone (On-Demand CLE)
Audio and Video | On-Demand CLE
Advocating for a Supportive Environment for LGBTQ Clients in Health Care and Long Term Care (On-Demand CLE)
Related Events
Oct
21
Events | Webinar
What Estate Planners Need to Know about Premarital Agreements, Divorce and Planning for Second Marriages
CLE 90 min
What Estate Planners Need to Know about Premarital Agreements, Divorce and Planning for Second Marriages
Mar
23
Events | Webinar
Fundamentals of the Modern Estate Planning Practice
CLE 450 min
As the federal estate tax exemption has risen from under $600,000 per person to $5.49 million over the last twenty years, estate planning has evolved. While minimizing tax remains the focus for some…
Nov
03
Events | Webinar
The Most Important Elements, Clauses and Ideas for Trust Design
CLE 90 min
During this program our panel of experts from the banking, legal and academic worlds will lead a discussion regarding: Design and structure of trusts; Key provisions for every trust agreement; and Bu…