Learn how families can equitably dividing assets with both emotional and monetary values. Read our tips for dividing art & collectibles published in The Journal of Estate & Tax Planning published by the National Association of Estate Planners & Councils.
In an interview for Northern Trust, Wealth Advisor Stacy Singer describes the nuanced and often challenging path to estate resolution when valuable, one-of-a-kind objects are passed down to heirs. She offers her four strategies for navigating wealth transfer involving valuable fine art and collectible objects, which align directly with our holistic approach to collection management. In this post, we drill down the four key elements of this wealth planning strategy for art.
Join host Dave Shuffett, the KET crew and our expert appraisers at the next Kentucky Collectibles Appraisal Fair at the Paducah Convention & Expo Center on Friday, June 23rd and Saturday, June 24th. Fine art appraiser Morgan Rigaud and decorative art appraiser Diane Wachs will be appearing from Bryson to value family heirlooms, flea market finds, original paintings, mystery objects, and whatever walks in the door - all to raise money for Kentucky Educational Television.
How do you know which appraiser will provide you with the report that will be acceptable to your insurance company, your attorney, or your financial advisor? If you are an educated consumer, you will hire a USPAP-compliant appraiser and look to the report they produce and see if it complies with the Elements of a Correctly Prepared Appraisal.
