Many items within a household can affect the overall value of the estate. These items include art, jewelry, collectibles, antiques, musical instruments, and the house itself. Appraisals provide a snapshot in time of each item’s value. This helps estate planning attorneys to accurately structure equitable distribution of assets as dictated by the client. Appraising Art There are many forms of art: paintings made with watercolors, oil, acrylic, and mixed media; prints made by lithograph, … [Read more...] about Estate Planning and Appraisals
Collectibles
The Art of Estate Planning: What to Do With the Client’s Tangible Wealth
Art, Antiques, Jewelry, Sports Memorabilia, Books, Wine Collections, Classic Cars, etc… These are all unique assets with unique laws that impact tax planning, estate planning and decision making. You don’t want to let your clients fall through the cracks when it comes to their tangible wealth. In my presentation “The Art of Estate Planning: What to Do With the Client’s Tangible Wealth” at the Academy’s Fall Summit, I will provide many informative and entertaining tips for your practice.Some of … [Read more...] about The Art of Estate Planning: What to Do With the Client’s Tangible Wealth
