What will become of your legacy? (LA)

Posted by on Jan 13, 2015 in Happenings | No Comments

Talk with the Experts—A panel discussion dedicated to estate planning for collectors, artists and photographer estates.

Friday January 16, 2015, 7:30-8:30 p.m.  
Los Angeles Center of Photography
1515 Wilcox Avenue, Los Angeles, CA

Topics to be addressed:
• Creating an inventory—What should be included?
• Choosing an executor, an attorney, and an accountant.
• What are your goals? Do you want to bequest the art to family and friends, avoid taxes, or set up a Trust?
• Can you afford a Life Insurance policy that will pay for storage costs after your death? Beyond the art itself, what do you keep?
• Who will control the copyright? Do you want to allow for reproductions or restrict use?

These questions and the issues you need to think about when planning your estate will be addressed in the course of this panel presentation. The goal of this presentation is to provide artists and collectors with the information they need to make informed decisions about next steps and where they can get help.

If you are a commercially successful artist with gallery representation, a fine art or freelance photographer, or an art collector who owns 10 pieces or hundreds of artworks, “a carefully planned estate can help insure that your work and ideas will continue to be presented as you wish.”[1]

For more information, contact Jennifer Stoots at 503.708.9411 or via email at stoots@photostoots.com

LA PANEL—Los Angeles Center of Photography, January 16 at 7:30 p.m.
Jennifer Stoots, AAA – Certified photography & contemporary art appraiser (moderator)
Weston Naef — Curator Emeritus and Founding Curator, Department of Photographs, J. Paul Getty Museum
Christine Steiner – Special Counsel, Sheppard Mullin
Lauren Liebes – Estate planning & Tax attorney, Sheppard Mullin

 

[1] Barbara Hoffman, A Visual Artist’s Guide to Estate Planning. Colorado Springs, CO: Marie Walsh Sharpe Art Foundation, 1998: 3.

 

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