Knowledge Center

Friday, February 07, 2014

Key Issues for Collectors: Working with Dealers and Auction Houses

by Richard M. Horwood

A critical component of collecting art is determining when and how to part with objects in a collection.  A collector may need to consider whether to sell during lifetime or at death. Heirs may not familiarity with the collection. The methodology and timing of disposition is of utmost importance. The article explores the issues to consider when deciding whether to sell through a dealer or an auction house and the tax, legal, and personal implications.

To read more, please download PDF.

 

Family Foundation Advisor, November/December 2013

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