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

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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.