Life is short, art is long : maximizing estate planning strategies for collectors of art, antiques, and collectibles
Description:
This new book is a must-read for professional advisors who represent collectors of art and antiques and the charitable organizations they support. Michael Mendelsohn s innovative PowerGiftingTM strategies reduce federal tax liability, create philanthropic capital and optimize intergenerational wealth transfer. He provides specific solutions for collectors who want to free up cash for retirement, avoid the loss of value caused by a poorly planned auction sale, or create a fair distribution plan for their children. This book is the definitive resource for professional advisors planning for the disposition of art, antiques and collectibles assets. Michael Mendelsohn shows you innovative approaches that involve layering and phasing of conventional estate planning tools that offer advisors and collectors an array of creative alternatives to accomplish the collector s intentions. The strategies and techniques detailed in this book will show you how to optimize the value of art and antique assets reclaiming as much as 70% of the asset value over conventional planning approaches. Mendelsohn has assembled a team of expert contributors from the legal, financial, insurance, and art worlds who offer a broad range of lifetime and postmortem planning options using the techniques that professional advisors work with every day.
Best prices to buy, sell, or rent ISBN 9781599691091
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