A Visual Artist's Guide to Estate Planning


Book Description

"A visual Artist's Guide to Estate Planning is a comprehensive handbook designed to assist artists in planning their estates. The book has two main parts and an appendix. Part I introduces general estate planning concepts and offers practical advice and general legal discussion on issues raised by artists at an estate planning conference. Part II consists of an in-depth discussion of policy and law on selected issues of estate planning and administration for visual artists. This section was written by the Committee on Art Law of the Association of the Bar of the City of New York. The appendix contains additional information, resources, and sample forms."--Back cover




The Artist's Estate


Book Description

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.







Artists' Estates


Book Description

Artists' Estates offers a fascinating journey into the complex and competitive art world through the distinctive lens of those who deal with the paintings, prints, and sculpture that artists leave behind after their deaths. Bringing together interviews conducted by Magda Salvesen, the widow of the second-generation Abstract Expressionist painter Jon Schueler, this unique book provides a window into the goals and desires, the conflicts and frustrations, and the emotional and financial strains that confront widows, companions, sons, and daughters as the heirs to artists' estates. The judiciously arranged and edited interviews also address the benefits and liabilities of foundations and trusts through the insights of lawyers, gallery dealers, and foundation directors. Readers will explore well-known estates, including those of Roy Lichtenstein, Mark Rothko, Adolph Gottlieb, Milton Avery, Romare Bearden, and David Smith, as well as the equally intriguing legacies of lesser-known artists whose work came to the fore in the forties and fifties. Together, the passionate testimonies of families and lovers, the measured voices of art professionals, and the more than eighty photographs offer an indispensable entre into the private and public worlds of art.




Art Law and the Business of Art


Book Description

In this fully revised and updated second edition of Art Law and the Business of Art, Martin Wilson, an art lawyer with more than 20 years’ experience in the field, provides a comprehensive and practical guide to the application of UK law to transactions and disputes in the art world. New to this Edition: • Thoroughly revised guidance on new anti-money laundering requirements • Updated discussion in the context of Brexit and the impact of the Covid-19 pandemic • New coverage of the emerging issues such as the treatment of NFTs and the increased use of internet auctions




Models of Integrity


Book Description

Models of Integrity examines the relationship between contemporary art and the law through the lens of integrity. In the 1960s, artists began to engage conspicuously with legal ideas, rituals, and documents. The law—a primary institution subject to intense moral and political scrutiny—was a widely recognized source of authority to audiences inside the art world and out. Artists frequently engaged with the law in ways that signaled a recuperation of the integrity that they believed had been compromised by the very institutions entrusted with establishing standards of just conduct. These artists sought to convey the social purpose of an artwork without overstating its political impact and without losing sight of how aesthetic decisions compel audiences to see their everyday world differently. Addressing the role that law plays in enabling artworks to function as social and political forces, this important book fills a gap in the field of law and the humanities, and will serve as a practical “how-to” for contemporary artists.




Estate Planning 101


Book Description

Discover the ins and outs of planning your own or your loved one’s last wishes with this easy-to-understand guide to estate planning. No one likes to talk about death, but being prepared for any unexpected tragedy can help your loved ones navigate your loss more easily in the long run. From creating your advanced medical directives to designating your beneficiaries, estate planning can ensure that your wishes are carried out when you are no longer around. With Estate Planning 101, you can get your affairs in order before any unfortunate incident occurs. This easy-to-understand guide comes with detailed information on what needs to be done to protect your estate. With information on creating a living will, minimizing estate taxes, choosing an executor, and more, you will be prepared for the future, no matter what it brings. Estate Planning 101 offers you step-by-step instructions and checklists to keep you organized for whatever life throws your way.




Fine Art Movement and Storage


Book Description

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.




A Well-Ordered Estate


Book Description

To those who are cursed or gifted with the burden of wealth, two things are as unchanging as the seasons. First, one is born with death as a sibling. Second, what you own in turn owns you. This book, written by a bar topnotcher and an experienced lawyer in estate planning, will put an end to property problems that afflict those with possessions, great or small. In this sense, the author performs the role of a legal undertaker who makes sure that no one leaves behind property problems together his mortal remains.




Creative Legacies


Book Description

Creative Legacies is an in-depth guide to practical, legal, and financial considerations and best-practice for artists' estates. Beyond simply offering advice for effective legacy management, the book seeks a nuanced investigation of specific topics relevant to artists' legacy. What is an artist's legacy? Should artists' estates be maintained in perpetuity or permitted to sunset? How do younger artists engage with estate planning today? How do we ensure the legacies of jewelers, architects, and artists working with ephemeral materials or whose work is entirely site-specific? For all artists and their estates, art-market professionals and students of the art market, Creative Legacies offers vital answers to these fascinating and often complex questions of artistic legacy.