Financial and Estate Planning for Art Assets

Alessia Zorloni, Randall Willette
in A. Zorloni (a cura di), Art Wealth Management. Managing Private Art Collections, Springer, Heidelberg, 2016

Planning how to transfer a family collection to the next generation can be one of the most critical aspects of building and maintaining a successful financial plan. This chapter examines the role of art in the overall wealth management strategy of sophisticated collectors and the issues they face in managing a private art collection. Its conclusion offers general recommendations on what constitutes sound art governance in order to preserve and protect art assets.