Articles Posted in Art

Americans love collections and homes across the country boast music collections, rock collections, sea shell collections and the list goes on.  Often, these personal collections hold a great deal of sentimental value while their market value is nil.  Typically, favored items are passed on to the family members who will…

Owning a fractional interest in a piece of highly valued art has never been a simple matter where estate taxes are concerned. How the IRS values and applies the estate tax for estates that include fractional interests in art may be changing due to a recent Fifth Circuit Court of…