Ramsay H. Slugg Handbook of Practical Planning for Artists, Art Coll (Paperback)
$ 64.41
Description
Further Details Title: Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors, Second Edition Condition: New EAN: 9781641052894 ISBN: 9781641052894 Publisher: American Bar Association Format: Paperback Release Date: 10/07/2020 Language: English Item Height: 228mm Item Length: 152mm Author: Ramsay H. Slugg Genre: Law & Politics Topic: Architecture & Antiques, Business & Finance Description: 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. Country/Region of Manufacture: US Release Year: 2020 Missing Information? Please contact us if any details are missing and where possible we will add the information to our listing.
