Valuable artwork raises questions for estate clients

04/21/2012 | Wealth Management Insider

Clients who own valuable artwork will need to make important choices to ensure pieces are handled correctly under their estate plans, Patricia Annino writes. The first step is to receive a professional appraisal to guide decisions about a potential sale and taxes. Then, clients need to consider gifting options, including trusts, that can be used to transfer works to individual beneficiaries or charities.

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