Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors, Second Edition - Slugg, Ramsay H
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Art is an asset of passion, yet it has unique and important financial characteristics, making it possibly the most difficult asset to incorporate into an overall estate and financial plan. Addressing the essential elements of art ownership--planning for the art's disposition and the practical considerations for collectors as they acquire and plan for how it will be handled--this book presents a client-focused process for advising art collectors and the other professionals involved. New in this edition, the author considers the unique issues involved when planning for the artists themselves,…mehr

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Produktbeschreibung
Art is an asset of passion, yet it has unique and important financial characteristics, making it possibly the most difficult asset to incorporate into an overall estate and financial plan. Addressing the essential elements of art ownership--planning for the art's disposition and the practical considerations for collectors as they acquire and plan for how it will be handled--this book presents a client-focused process for advising art collectors and the other professionals involved. New in this edition, the author considers the unique issues involved when planning for the artists themselves, which raises issues related to the different tax rules that apply to self-created artwork and considers inventory and legacy management.
Autorenporträt
Ramsay H. Slugg is a Managing Director and member of the National Wealth Planning Strategies group at Bank of America. In this role, he provides tax and financial planning advice to clients and prospects of Bank of America Private Bank. Ramsay is also a frequent author and speaker on tax and financial planning topics, particularly as they relate to charitable planning, and planning with art and collectibles. He is frequently quoted in the Wall Street Journal, New York Times, Forbes, Barrons and other financial news publications. He is also the author of Handbook of Practical Planning for Artists, Art Collectors and Their Advisors, 2d Edition, published by the Real Property Trust and Estate Section of the American Bar Association. Ramsay is currently co-chair of the Art and Collectibles Committee of the Income and Transfer Tax Group, Real Property Trust and Estate Section of the American Bar Association, and previously was the chair of the Charitable Planning and Organizations Group of that Section. He also serves on the Planning Committee of RPTE. Ramsay received his Juris Doctorate degree from The Ohio State University, and his undergraduate degree from Wittenberg University.