$2.5 Million Claim Over Damaged Richard Avedon Triptych

Posted by on Feb 25, 2015 in Blog Posts | No Comments

What is the value of damaged goods? It’s a challenging question, primarily because there are so many factors to consider, not to mention that there is no one answer, much less a “right” answer. Appraising damaged and repaired artwork is especially difficult, because what one collector may consider acceptable, another will find unacceptable. The burden […]

Surprising Findings in Three New NEA Reports on the Arts

Posted by on Feb 15, 2015 in Blog Posts | No Comments

                                  ARTS.GOV Three reports from the National Endowment for the Arts reveal new findings about the impact of arts and cultural industries on GDP, as well as how and why Americans participate in certain arts activities. The data for […]

What will become of your legacy? (New York)

Posted by on Feb 7, 2015 in Happenings | No Comments

Talk with the Experts—A panel discussion dedicated to estate planning for collectors, artists and photographer estates. Wednesday April 15, 2015, 1:00 – 3:00 p.m.   B&H Photo and Video 420 9th Avenue (at 34th Street), New York, NY Topics to be addressed: • Creating an inventory—What should be included? • Choosing an executor, an attorney, and […]

Collector Sues IRS For $40 Million in Art Taxes Paid

Posted by on Feb 7, 2015 in Blog Posts | No Comments

artnet news | By ALEXANDER FORBES Barbara B. Allbritton has sued the United States Internal Revenue Service (IRS) with the intention of recouping $40.6 million in taxes she and her family paid following the death of her husband, millionaire media mogul and banker Joe L. Allbritton in 2012. As initially reported by Courthouse News, a “notice of deficiency” was […]