If you hope your work will live forever – or if you hope those you love will benefit from whatever resources and reputation your work has earned – you’ll want to be very specific about how your artwork is dealt with after you are gone. General will and estate provisions are often not adequate for dealing with the specific issues raised by a continued interest in presenting, selling, and engaging in discourse about art. Often the portion of your estate that involves artworks is segregated from the rest of the estate in terms of who handles it, and how, and where resources generated by it may go.
There are a number of basic issues to think about in planning your art estate.
ArtBusiness.com [ArtBusiness.com]
Alan Bamberger & Helen Milowe/Plan Your Estate Before It’s Too Late
A checklist of things to think about when planning your estate as an artist.
ArtBusiness.com [ArtBusiness.com]
Alan Bamberger/Artist Tips: A Checklist for Planning Your Art Estate
While it is common to have a family member, or a trusted attorney, manage other portions of one’s estate, it may make sense to have an art professional manage the elements of your estate that involve artworks and intellectual property rights.
ArtBusiness.com
Alan Bamberger/Estate Planning: Let Professionals Control the Art