Art Succession Planning
Art investors need to make provisions for the preservation of their collections and transmission to succeeding generations. Working with professional advisors, FAWM can help protect the value of a client’s art collection through strategic estate planning and trust administration including:
• Create a strategic plan for the collection
• Set up trusts and tax exempt foundations
• Assistance with determining the value of the collection
• Tax free exchanges
• Gifts in lieu of inheritance tax
• Conditional exemptions