Estate Planning for Art Collectors

Tim Newton and Shelley Farmer explain the options available to art collectors when they are planning for the future of their art. Tim notes that art can be considered the “atm on the wall,” and recognizes donation to galleries and museums as a choice option. Shelley mentions that pieces can be taken to a dealer, sent out on consignment, or auctioned off. With enough information, the options are endless for collectors, who are planning ahead.

Please watch below or click here:

 

This clip is made available by The Clark Hulings Foundation for Visual Artists in partnership with the Salmagundi Club. The full discussion entitled “Fresh Perspectives on Collecting Art: A Panel Discussion for Collectors and Art Professionals” was moderated by Peter Trippi, editor-in-chief of Fine Art Connoisseur Magazine.

We also offer our special thanks to the panelists: Jack Esterson AIA, Collector and Principal, Think! Architecture & Design pllc; Shelley Farmer, Director, Hirschl & Adler Modern; Megan McCarthy, Ph.D., Major Gifts Officer, Museum of Modern Art; and Tim Newton, Collector & Salmagundi Club Chairman of the Board and Advisory Board Member to The Clark Hulings Foundation.

For more panel discussions, please click here. Feel free to sign up for our latest newsletter and stay up to date on all our events.

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Natalie Baumgartner
Natalie Baumgartner is the Educational Coordinator and Digital Reporter at the Clark Hulings Foundation. She is committed to the mission of the Fund and hopes to see artists enrich their businesses through the tools and grants offered. Natalie recently graduated with her Masters of Science in International Development and has worked for several non-profits, focusing on issues revolving around human rights and gender equity.

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