Article On Practical Planning For Art Collectors

Ramsay H. Slugg (Bank of America Private Wealth Management) has recently published an article entitled, Practical Planning for Art Collectors and Their Advisors Part 1: The Ancillaries, 30 Prob. & Prop. 6-12 (2015). Provided below is an excerpt from the article:

This is the first of a two-part article based on the author’s book, Handbook of Practical Planning for Art Collectors and Their Advisors. Part 1 focuses on “The Ancillaries,” those matters that the serious collector should take into consideration regardless of the ultimate disposition of the collection. Part 2 will focus on planning for the ultimate disposition of the collection. Although this article focuses on art, most of the discussion applies to the broader world of collectibles, including coins, stamps, antiques, and collectible firearms.