tag:blogger.com,1999:blog-643440860825110162024-02-19T10:42:13.320-08:00Powered by: ARTThe task of art today is to bring chaos into order.
Theodor Adorno
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-64344086082511016.post-49115922472277573892018-03-21T11:08:00.001-07:002018-03-21T11:08:49.964-07:00Arts Sector - BIG!!!<br />
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<span style="border: 0px; box-sizing: border-box; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaD0n-ZVpknoR_6J86kelDYvN_l-hRzSqdIHGeL6zr1Zak-MXpxTfFVYJQ7TBp6Oaro4602ZM8K5BPFLEZDZMWlwf7IPsYbGlCFx-LMF3J7cySyzS2FEPX-0lPmVb8h-nFz9QiRfKplPY/s1600/d7hftxdivxxvm.cloudfront.net+%25281%2529.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="815" data-original-width="1024" height="254" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaD0n-ZVpknoR_6J86kelDYvN_l-hRzSqdIHGeL6zr1Zak-MXpxTfFVYJQ7TBp6Oaro4602ZM8K5BPFLEZDZMWlwf7IPsYbGlCFx-LMF3J7cySyzS2FEPX-0lPmVb8h-nFz9QiRfKplPY/s320/d7hftxdivxxvm.cloudfront.net+%25281%2529.jpg" width="320" /></a></span></div>
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<span class="ArtworkCaption__ArtistName-t0bcvj-0 dxLEml" style="border: 0px; box-sizing: border-box; color: #999999; font-family: "unica77llwebregular" , "arial" , serif; font-size: 14px; margin: 0px 30px 0px 0px; outline: 0px; padding: 0px; vertical-align: baseline; white-space: nowrap;"><span class="name" style="border: 0px; box-sizing: border-box; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><a class="TextLink__StyledTextLink-pwn95u-0 QpbAG" href="https://www.artsy.net/artist/oscar-lakeman" style="border: 0px; box-sizing: border-box; color: #999999; cursor: pointer; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Oscar Lakeman</a></span></span></div>
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<span style="border: 0px; box-sizing: border-box; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span class="title" style="border: 0px; box-sizing: border-box; font-family: "unica77llwebitalic" , "arial" , serif; font-style: inherit; font-weight: inherit; line-height: 1.4em; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><a class="TextLink__StyledTextLink-pwn95u-0 QpbAG" href="https://www.artsy.net/artwork/oscar-lakeman-containers-number-606" style="border: 0px; box-sizing: border-box; color: #999999; cursor: pointer; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;">Containers #606</a></span>,<span class="Apple-converted-space"> </span><span class="date" style="border: 0px; box-sizing: border-box; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">2012</span></span></div>
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<span style="border: 0px; box-sizing: border-box; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">SPONDER GALLERY</span></div>
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<span style="border: 0px; box-sizing: border-box; font-family: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="background-color: white; color: black; font-family: "adobe garamond w08" , , , "times new roman" , "times" , serif; font-size: 23px;">The arts and cultural sector contributed over $763.6 billion to the American economy in 2015—</span><span style="background-color: yellow; color: black; font-family: "adobe garamond w08" , , , "times new roman" , "times" , serif; font-size: 23px;">more than the agriculture, transportation, or warehousing sectors</span><span style="background-color: white; color: black; font-family: "adobe garamond w08" , , , "times new roman" , "times" , serif; font-size: 23px;">,<span class="Apple-converted-space"> </span></span><a href="https://www.arts.gov/news/2018/arts-contribute-more-760-billion-us-economy" style="background-image: linear-gradient(transparent 0px, rgb(51, 51, 51) 1px, transparent 0px); background-position: center bottom; background-repeat: repeat-x; background-size: 1.25px 4px; border: 0px; box-sizing: border-box; color: black; cursor: pointer; font-family: "Adobe Garamond W08", adobe-garamond-pro, AGaramondPro-Regular, "Times New Roman", Times, serif; font-size: 23px; margin: 0px; outline: 0px; padding: 0px; position: relative; text-decoration-line: none; text-size-adjust: auto; vertical-align: baseline;">according</a><span style="background-color: white; color: black; font-family: "adobe garamond w08" , , , "times new roman" , "times" , serif; font-size: 23px;"><span class="Apple-converted-space"> </span>to new U.S. government data released Tuesday by the Bureau of Economic Analysis (BEA) and the National Endowment for the Arts (NEA).</span></span></div>
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<span style="border: 0px; box-sizing: border-box; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="background-color: white; font-size: 23px; text-size-adjust: auto;"><span style="font-family: "adobe garamond w08" , , , "times new roman" , "times" , serif;">https://www.artsy.net/article/artsy-editorial-arts-sector-contributed-7636-billion-economy-agriculture-transportation</span></span></span></div>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-30703880708446041702018-01-08T13:49:00.001-08:002018-01-08T13:49:26.562-08:00Death and ART- what's to know<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4qZyX54RusygGve7Yh3BoRhxcsRIOYe3pMgX-sZWjaNUU6rtzX_wRvIE-7PtzlmHzQZSw6pkE_HJ9axneD4YKUXTMxhQK8HvkOVJj5pPZEFT3_BLLsf43LTY5bQhmMKtqjAbKTTVx7TQ/s1600/d7hftxdivxxvm.cloudfront.net.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1200" data-original-width="1122" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4qZyX54RusygGve7Yh3BoRhxcsRIOYe3pMgX-sZWjaNUU6rtzX_wRvIE-7PtzlmHzQZSw6pkE_HJ9axneD4YKUXTMxhQK8HvkOVJj5pPZEFT3_BLLsf43LTY5bQhmMKtqjAbKTTVx7TQ/s320/d7hftxdivxxvm.cloudfront.net.jpg" width="299" /></a></div>
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<span style="background-color: white; color: #999999; font-family: Unica77LLWebRegular, Arial, serif; font-size: 14px; text-align: start;">Jean-Michel Basquiat, </span><em style="border: 0px; box-sizing: border-box; color: #999999; font-family: Unica77LLWebRegular, Arial, serif; font-size: 14px; margin: 0px; outline: 0px; padding: 0px; text-align: start; vertical-align: baseline;">Untitled</em><span style="background-color: white; color: #999999; font-family: Unica77LLWebRegular, Arial, serif; font-size: 14px; text-align: start;">, 1982. Courtesy of Sotheb</span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: large;"><b>As an appraiser, I see every day, the effect of the aging Baby Boomer generation has on the art market!</b></span><br />
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large;"><b><br /></b></span>
<span style="font-family: Arial, Helvetica, sans-serif; font-size: large;"><b>Part I- Artists and the art market: </b></span><br />
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;"><b> Here is an article ARTSty describing the "Death Effect" and it's' not what you think it is:</b></span><br />
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;"><b>BOTTOM LINE- prepare and make decisions before you have to!</b></span><br />
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<a href="https://www.artsy.net/article/artsy-editorial-death-effect-artists-prices-occurs-alive" rel="nofollow">click here for article</a>Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-31579684339184902642016-12-18T17:03:00.004-08:002016-12-18T17:03:28.657-08:00<h2>
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Do you hear what I HEAR?</span></h2>
<span style="background-color: white; color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 13px; white-space: pre-line;">Proposed in April this year, the Holocaust Expropriated Art Recovery Act (HEAR) facilitates the restitution process by which Nazi-looted art is returned to its rightful pre-war owners. The HEAR Act offers claimants a six year window beginning with the date a stolen artwork is discovered in which to bring an action for its return and prove their right to it. The passage of the HEAR bill was boosted by a celebrity endorsement from actress Helen Mirren, star of art restitution film ‘Woman in Gold’</span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4TZvaXSTEhtuUkpk4cUeYwa7jWgdOOulxuQUYz2MfxhCHOmQxCb003nRUREhS3qnrc9USqcV0nErIkyTY1Qq7-V4D-UCooQFYCvf0XEzpRC5V9l-TXg0kUYU4PlIjDJt-OE3ErpJ-MPo/s1600/Howe-Helen-Mirren2-800.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4TZvaXSTEhtuUkpk4cUeYwa7jWgdOOulxuQUYz2MfxhCHOmQxCb003nRUREhS3qnrc9USqcV0nErIkyTY1Qq7-V4D-UCooQFYCvf0XEzpRC5V9l-TXg0kUYU4PlIjDJt-OE3ErpJ-MPo/s320/Howe-Helen-Mirren2-800.jpg" width="213" /></a></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-2061813235460038882016-09-06T15:19:00.000-07:002016-09-06T15:19:01.788-07:00<div style="text-align: center;">
<span style="font-family: Arial, Helvetica, sans-serif;">Can you beat a goldfish?</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGzsjReNHVBqlXeCNwjdy7q3svwaLQDYakyZIES-C64XSG2YUf7_bGM7ZD00Ye3UFm3KLJvWrQ5jnGsQWtGP96RPCiyozWApTncwBXedS912BrIyEXEW8mWU-CNa5BJQZwGkck5wKcasU/s1600/goldfish.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGzsjReNHVBqlXeCNwjdy7q3svwaLQDYakyZIES-C64XSG2YUf7_bGM7ZD00Ye3UFm3KLJvWrQ5jnGsQWtGP96RPCiyozWApTncwBXedS912BrIyEXEW8mWU-CNa5BJQZwGkck5wKcasU/s320/goldfish.jpg" width="316" /></a></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">Or: The attention span of a human now seems less than a goldfish. How art can slow us down! Beat the tyranny of Snapchat and Instagram in being present in our every day lives. </span><br />
<a href="http://www.npr.org/2016/08/26/490627461/can-slow-moving-art-disrupt-our-hectic-routines">http://www.npr.org/2016/08/26/490627461/can-slow-moving-art-disrupt-our-hectic-routines</a><br />
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<br />Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-76083888857695603852016-08-09T10:15:00.001-07:002016-08-09T10:15:09.594-07:00<div style="color: #1d2129; font-family: helvetica, arial, sans-serif; font-size: 14px; margin-bottom: 6px;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOvhKpMNcbuNMEMiM35ArOKnGHUgVjtdv9w6YArgyi8qRMjsPGU4pwIPFfV1_-5aC19BXrTNHEYSfKbvy4nLx-49SKzOBsb_92ZkKJRDgicf-RMa32hMrF2QbSiFxRMa7RXyokrndDAx4/s1600/lf.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOvhKpMNcbuNMEMiM35ArOKnGHUgVjtdv9w6YArgyi8qRMjsPGU4pwIPFfV1_-5aC19BXrTNHEYSfKbvy4nLx-49SKzOBsb_92ZkKJRDgicf-RMa32hMrF2QbSiFxRMa7RXyokrndDAx4/s320/lf.jpg" width="202" /></a></div>
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Super price for Superman. Notice how there is a rating system for this kind of collectible (see the 5.5 at the top of the case?). </div>
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Fine art and craft have NO such rating systems. That's why you need a certified appraiser to navigate those complicated valuations! <a href="http://hessartadvisory.com/">HessARTadvisory.com</a></div>
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Over 25 years of art industry experience.</div>
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<a href="http://www.ha.com/heritage-auctions-press-releases-and-news/action-comics-1-sells-faster-than-a-speeding-bullet-for-nearly-1-million-at-heritage-auctions.s?releaseId=2983&ic=ih-Action-Comics-1-clickImage-auction7144-051616">Superman Sale</a></div>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-32353613226382357662016-07-26T17:01:00.002-07:002016-07-26T17:02:33.830-07:00<h2>
<span style="font-family: "helvetica neue" , "arial" , "helvetica" , sans-serif;"> Insurance for art- changes you should be aware of!</span></h2>
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<span style="font-family: "helvetica neue" , "arial" , "helvetica" , sans-serif;">From Antiques Trade Gazette- valuable info.!</span><br />
<span style="font-family: "helvetica neue" , "arial" , "helvetica" , sans-serif;"><a href="https://www.antiquestradegazette.com/news/2016/insurance-feature-the-art-and-antiques-market-takes-cover/">https://www.antiquestradegazette.com/news/2016/insurance-feature-the-art-and-antiques-market-takes-cover/</a></span><br />
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<span style="margin-left: 1em; margin-right: 1em;"><a href="https://www.antiquestradegazette.com/news/2016/insurance-feature-the-art-and-antiques-market-takes-cover/"><img border="0" height="262" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga0HlObF_MBCDEv9LEhrpH0WGqSH7g6RNcjNybRDbdMwvGGWGbrSdPNiTsJH_FUbgvPAth0omnzW33IKXur9UmdSzljiUxsxFwPVJVOHtmInaLoDS7QI0xu9TOf4xWSavV4iXKscZNM6k/s320/antiques-insurance-copyright-getty-2251kh-20-07-16.jpg" width="320" /></a></span></div>
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<span style="background-color: #e7e7e8; color: #404041; font-family: "roboto" , "helvetica neue" , "helvetica" , "arial" , sans-serif; font-size: 14px;">Photo: Ryan McVay, Getty Images</span></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-52331557842845272212016-07-21T11:36:00.001-07:002016-07-21T11:36:12.972-07:00You pay taxes on art? Gagosoian must have forgotten!<div style="box-sizing: border-box; font-family: Lato, sans-serif; margin-bottom: 26px; padding: 0px;">
<i><span style="font-size: large;"><span style="color: blue;">Lesson to be learned: Know what constitutes "taking possession" of an art asset means, tax wise. </span></span></i></div>
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<i><span style="font-size: large;"><span style="color: blue;">Also, be aware if there is an applicable Use Tax in your state. </span><span style="color: #222222;"> </span></span></i></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkP9nP1Kc2vTQo0dqYE1FAo8_0vU0HTvqdH_1oErgi11R1MBcNOJfq6KDZuYnVCYvx4aBiG5IMwNPcj3ldc3_H3Ca0ZzEm-HrV-aTcIXx17jFakgT2DorjNXqXbO4JolKT9YcYO1aFTJM/s1600/Gagosian-by-Hockney.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="129" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkP9nP1Kc2vTQo0dqYE1FAo8_0vU0HTvqdH_1oErgi11R1MBcNOJfq6KDZuYnVCYvx4aBiG5IMwNPcj3ldc3_H3Ca0ZzEm-HrV-aTcIXx17jFakgT2DorjNXqXbO4JolKT9YcYO1aFTJM/s200/Gagosian-by-Hockney.png" width="200" /></a></div>
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Investigators found that the gallery’s affiliate in California, Pre-War Art Inc., sold and shipped nearly $40 million worth of art to customers in New York from 2005 to 2015 and should have paid sales tax on those sales, according to the attorney general’s office. The investigators said that a “substantial nexus” exists between the gallery and the California company. Larry Gagosian, the gallery’s founder, is president of Pre-War as well as president of companies that control the rest of the gallery’s operations, and Pre-War maintained an active bank account in New York.</div>
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The investigation, which found no evidence of criminal activity, also concluded that the gallery failed to pay tax on the sale of other works in New York that were shipped out of state from 2012 to 2015. Mr. Schneiderman said that state law requires sales tax to be paid when possession of a good is transferred to a buyer within New York State and that the gallery, in handing over art to shipping companies that were not common carriers like FedEx or the United States Postal Service, was legally transferring possession to the buyer at that point.</div>
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<a href="http://www.nytimes.com/2016/07/20/arts/design/gagosian-gallery-to-pay-new-york-state-4-3-million.html" style="-webkit-transition: all 0.1s ease-in-out; box-sizing: border-box; color: #653366; text-decoration: none; transition: all 0.1s ease-in-out;">Gagosian Gallery to Pay New York State $4.3 Million</a> (The New York Times)</div>
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#hessartadvisory, #NewYorkartsalestax, #artsales, #artvalues, #Gagoisangallery</div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-53879479361766319932016-06-27T11:56:00.001-07:002016-06-27T11:56:21.485-07:00Ivory Ban- What does it mean for you if you live in California? If you live in Illinois?<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2EmZ4v8wqEptKK_NRk8qDjWHsNCQQqyWRfP-abZnWEegZZ20vhsf5D3tzRhTvXmyKxRSzSnGZxo5gfROeXtx3LZ4ipopASuEK-gr_ZQQTZUy6-cKu__d6bZnGUe6cZjKEADi5bLLydHA/s1600/C-and-E.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2EmZ4v8wqEptKK_NRk8qDjWHsNCQQqyWRfP-abZnWEegZZ20vhsf5D3tzRhTvXmyKxRSzSnGZxo5gfROeXtx3LZ4ipopASuEK-gr_ZQQTZUy6-cKu__d6bZnGUe6cZjKEADi5bLLydHA/s320/C-and-E.jpg" width="320" /></a></div>
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><a href="https://www.antiquestradegazette.com/news/2016/us-ivory-ban-federal-and-state-laws-now-in-contradiction-says-specialist/">The Antiques Trade Gazette</a> has come out with a good article on the contradicting situation Ivory ban between Federal and State laws now.</span><br />
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-50297248108892249932016-06-21T08:49:00.004-07:002016-06-21T08:49:41.841-07:00<div style="font-family: Helvetica; font-size: 12px; line-height: normal;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLBzBsTNTmpXnxNTaN_60Ffg_thSjP-hQQDv3dEZ53HN1Bdnc_BUNFYZD0NABKVLNp76CQ6rWdD-hvuKWvGbZPTPwiGWBy76rM8-GHFWvm4R5bdtgwvTJSNGa-ZjueDgzgK2CaQGOOSTM/s1600/olympia-art-antiques-fair-2241ne01x-12-05-16.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLBzBsTNTmpXnxNTaN_60Ffg_thSjP-hQQDv3dEZ53HN1Bdnc_BUNFYZD0NABKVLNp76CQ6rWdD-hvuKWvGbZPTPwiGWBy76rM8-GHFWvm4R5bdtgwvTJSNGa-ZjueDgzgK2CaQGOOSTM/s320/olympia-art-antiques-fair-2241ne01x-12-05-16.jpg" width="320" /></a></div>
<a href="https://www.antiquestradegazette.com/news/2016/new-survey-shows-antiques-steep-for-young-buyers-but-always-in-style/" style="font-family: 'Helvetica Neue', Arial, Helvetica, sans-serif;">Antiques and the younger generation </a><br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><br /></span>
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">They value them, but don't know how to use, integrate them. </span><br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Although Art is still considered a status symbol in the UK. </span><br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><br /></span>
<span style="background-color: white; color: #333333;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">"However, when asked what the modern day status symbol is in 2016, the newest smartphone came out top choice, followed by a nice car <span style="font-size: large;">and original artwork coming in third place."</span></span></span><br />
<span style="background-color: white; color: #333333;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><span style="font-size: large;"><br /></span></span></span>Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-19602554541625506592016-03-28T13:01:00.001-07:002016-03-28T13:01:13.451-07:00In Art I Trust (Irrevocably)<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">The Wall Street Journal covers a way to enjoy seeing your art and shelter the appreciation too.</span><br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><br /></span>
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Just be very sure that the rental rate you come up with will be acceptable to the IRS!</span><br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><a href="http://hessartadvisory.com/">HessARTadvisory.com</a></span><br />
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjanYPdkFhYDEpC0Kxo66Siz5EjXwbEOEd8fwu2euS1LRnoG0Jwa_miNWJotLQIXCtin2d3h1isepwFBGRK1lTeq2EFrl0EiKj9au6PVIQaozf0fqawXIcRAixxM_zyf3l3JfB98gRJtzs/s320/PICT0044.JPG" width="253" /></span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><a href="http://www.wsj.com/articles/art-collectors-discover-irrevocable-trusts-1459130776">Click Here for the article</a></span></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-41889820017211542492016-03-22T10:25:00.001-07:002016-03-22T10:25:50.366-07:00<h1 class="article-title" itemprop="headline" style="border: 0px; box-sizing: border-box; font-family: Helvetica, Arial, sans-serif; font-size: 28px; font-weight: 400; line-height: 36px; margin: 0px 0px 8px; outline: 0px; padding: 0px; vertical-align: baseline;">
Color Brings Down Criminals</h1>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyiqMTOfraLjnphtV1ouX6sVRzUovbsHZuDzEwem_K-gbKGAlMGgkMLNt0Hs4wkJZipMNRr4_GH2evCN8ozN63DyEWml6sL7inft_z4XaLlzhcB8re8HoqXpaEGx0ez1abEwj1eoPUP2M/s1600/3058058-inline-5-the-rarest-colors-in-the-harvard-pigment-library.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="188" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyiqMTOfraLjnphtV1ouX6sVRzUovbsHZuDzEwem_K-gbKGAlMGgkMLNt0Hs4wkJZipMNRr4_GH2evCN8ozN63DyEWml6sL7inft_z4XaLlzhcB8re8HoqXpaEGx0ez1abEwj1eoPUP2M/s320/3058058-inline-5-the-rarest-colors-in-the-harvard-pigment-library.jpg" width="320" /></a></div>
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<span style="color: #232629; font-family: inherit; font-size: 18px; font-style: inherit; font-variant: inherit;">Just like seeds that are stored in the polar region for the end of time, color</span><span style="color: #232629; font-family: inherit; font-size: 18px; font-style: inherit; font-variant: inherit;"> </span><a href="http://www.fastcodesign.com/3058058/the-harvard-vault-that-protects-the-worlds-rarest-colors" rel="nofollow" style="border: 0px; box-sizing: border-box; color: #8c68cb; font-family: inherit; font-size: 18px; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: none; padding: 0px; text-decoration: none; vertical-align: baseline;" target="_blank">pigments from the beginning of time are stored, at Harvard. </a></div>
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The jackson Pollack fakes, were scientifically proved fake, when scientists examined the red pigment known to be manufactured AFTER Pollack would have had used them in his paintings. </div>
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If works are extremely valuable, appraisers will work with conservators, scientists and authenticators to build their value arguments. </div>
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We can help you value your beautiful assets- Here's our website. </div>
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<a href="http://www.hessartadvisory.com/" rel="nofollow" style="border: 0px; box-sizing: border-box; color: #8c68cb; font-family: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: none; padding: 0px; text-decoration: none; vertical-align: baseline;" target="_blank">Hess Art Advisory and Appraisal Group</a></div>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-24656837071011799492016-03-09T16:51:00.002-08:002016-03-09T16:51:57.468-08:00<span style="font-family: Arial, Helvetica, sans-serif;"><a href="http://deyoung.famsf.org/exhibitions/printed-stories?utm_source=Fine+Arts+Museums+of+San+Francisco+E-Mail+List&utm_campaign=71046e84a9-2_23_16_General_E_News&utm_medium=email&utm_term=0_9757c5111b-71046e84a9-84528305#video/">Stories in Graphic art: GREAT new show at the De Young Museum featuring many artists. </a></span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;"><span style="margin-left: 1em; margin-right: 1em;"><a href="http://deyoung.famsf.org/exhibitions/printed-stories?utm_source=Fine+Arts+Museums+of+San+Francisco+E-Mail+List&utm_campaign=71046e84a9-2_23_16_General_E_News&utm_medium=email&utm_term=0_9757c5111b-71046e84a9-84528305#video/"><img border="0" src="http://deyoung.famsf.org/files/styles/exhibition_main/public/exhibitions/printed-stories-web-header.jpg?itok=4wsdj8hu" height="238" width="320" /></a></span></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">What story do YOU make of it? </span></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">Claudia Hess, Hess ART Advisory, www.hessARTadvisory.com</span></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-15411164483427891272016-01-27T14:49:00.003-08:002016-01-27T14:49:26.413-08:00<br />
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<span style="font-family: Arial, Helvetica, sans-serif;">Wall Street Journal reports today on top universities <a href="http://www.wsj.com/articles/u-s-colleges-get-record-donations-1453870860">record donations</a>- including a BIG </span><br />
<span style="font-family: Arial, Helvetica, sans-serif;">Art donation for Stanford. That definitely needs a <a href="http://www.hessartadvisory.com/">qualified appraisal by a qualified appraiser!</a></span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtF521wzuJ851OlNGnXn96xC7Aj9M2VD7lZKAp6qLvBS8r0-nTWAcNtzbji3w4FFvnLwjPcZjl-Cg5YZMLloDBgW4eSCNSJxxlfFLWJ9BSiP_2tv5LR_5N9BrUnHlZNbuvL2SNLooFjOY/s1600/Marc+Velton+unframed+2+028.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: Arial, Helvetica, sans-serif;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtF521wzuJ851OlNGnXn96xC7Aj9M2VD7lZKAp6qLvBS8r0-nTWAcNtzbji3w4FFvnLwjPcZjl-Cg5YZMLloDBgW4eSCNSJxxlfFLWJ9BSiP_2tv5LR_5N9BrUnHlZNbuvL2SNLooFjOY/s320/Marc+Velton+unframed+2+028.jpg" width="320" /></span></a></div>
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<i>Courtesy of Worthington Gallery, Chicago</i></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-18424892547446805142016-01-17T20:15:00.001-08:002016-01-17T20:40:04.869-08:00<h2>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Hey! What is the Dormant Commerce Clause?</span></h2>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Or: Artist's Resale Rights in USA: <a href="http://www.lexology.com/library/detail.aspx?g=3e1531cb-f7da-474c-bffa-8aae296e58bf">An update</a></span></h3>
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<a href="http://www.artic.edu/aic/collections/citi/images/standard/WebMedium/WebImg_000253/185150_3007555.jpg">Pi</a><a href="http://www.artic.edu/aic/collections/citi/images/standard/WebMedium/WebImg_000253/185150_3007555.jpg">casso</a></h3>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-19994138797021981692016-01-11T21:46:00.002-08:002016-01-11T21:59:24.125-08:00<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqchb5tBZ80khMSX05b124Fm211KYrJnJkugHfAtCnkKtimc8L5_b_WObAKXjB8Vlqe98XLTCJrMk8Lc_NosIb5OTlb-Yst6r_FP6iruAxGX8IUImnd2PSMwBySm0RdsY8JzgvVlCnrCU/s1600/Bowie_banner.jpg" imageanchor="1"><img border="0" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqchb5tBZ80khMSX05b124Fm211KYrJnJkugHfAtCnkKtimc8L5_b_WObAKXjB8Vlqe98XLTCJrMk8Lc_NosIb5OTlb-Yst6r_FP6iruAxGX8IUImnd2PSMwBySm0RdsY8JzgvVlCnrCU/s320/Bowie_banner.jpg" width="320" /></a><br />
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<span style="background-color: white; color: #141823; font-family: helvetica, arial, sans-serif; font-size: 14px;">ART intersects MUSIC- </span><br />
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<span style="background-color: white; color: #141823; font-family: helvetica, arial, sans-serif; font-size: 14px;">One of my very favorite musicians- David Bowie's (so cool that he has one brown one blue eye!) song that was directed by artist Tony Oursler. I am currently appraising a Oursler video similar to this one for a client. RIP ZIGGY! </span><a href="http://www.theguardian.com/music/video/2013/jan/08/david-bowie-where-are-we-now-video" rel="nofollow" style="color: #3b5998; cursor: pointer; font-family: helvetica, arial, sans-serif; font-size: 14px; text-decoration: none;" target="_blank">http://www.theguardian.com/…/david-bowie-where-are-we-now-v…</a>Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-31863290817971855082016-01-01T13:46:00.000-08:002016-01-01T13:46:02.815-08:00<br />
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;">January 2016: </span><br />
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;">OLD NAVY sails into troubled waters!</span><br />
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<img alt="Why does Old Navy hate artists so much?<br>Photo: via Twitter." class="size-full wp-image-400439" height="582" itemprop="contentUrl representativeOfPage" src="https://news.artnet.com/wp-content/news-upload/2015/12/old-navy-tshirts.jpg" style="border: none; color: #333333; display: block; font-family: 'Helvetica Neue', Arial, Helvetica, sans-serif; font-size: 12px; height: auto; letter-spacing: 2px; margin: auto; max-height: 600px; max-width: 600px; padding: 0px; text-align: center; width: auto;" width="599" /><br />
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https://news.artnet.com/art-world/old-navy-artists-hateful-t-shirts-400436Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-41896943974686770652015-04-11T12:29:00.000-07:002015-04-11T12:36:05.565-07:00Lawyer vs. Artist- Lawyer wins againWhen it comes to making money off of an artist's artworks- who wins??? <br />
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Claudia Worthington Hess writes:<br />
The billionaire and his lawyers. Why? As an appraiser, one way of valuing personal property, is called the Cash Marketable Method. In other words, measure how much income an artwork can generate from licensing, or products like T-Shirts, posters etc. One problem! <br />
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Most artists will only make ONE of the work with no intention of turning that artwork into a cash generating machine. That's why this billionaire got off the hook. The artist could not prove he would earn money from his unique work, that this billionaire got knock-offs made of, in China. The court ruled that this billionaire only has to destroy the knocked-off works. <br />
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I see people talking pictures ALL the time at Art Fairs- some with very bad intentions of turning the pictures into copycat art works made in China. <br />
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Artists! Learn how to protect yourself, and know that if you send a proposal to have one of your works used in a development, that if they don't use your work, and have a copy made instead, in China; you are OUT OF LUCK. Hire a lawyer to see if this can be avoided.<br />
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Billionaire Igor Olenicoff, Guilty of Making Knockoffs of Famous Artworks, Will Pay Zero</h1>
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<a href="https://news.artnet.com/art-world/billionaire-igor-olenicoff-guilty-making-knock-offs-famous-artworks-will-pay-zero-285373">https://news.artnet.com/art-world/billionaire-igor-olenicoff-guilty-making-knock-offs-famous-artworks-will-pay-zero-285373</a><br />
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<b><span style="font-size: x-large;">They know EXACTLY what they are doing and how to get away with it. </span></b><br />
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<b><span style="color: #990000; font-size: x-large;">www.hessARTadvisory.com </span></b></div>
<b><span style="font-size: x-large;"><br /></span></b>Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-61187000836865895472015-03-31T12:26:00.000-07:002015-04-11T12:37:29.284-07:00Dogs playing Poker<h2>
<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Dogs playing Poker? or a Human playing poker with a dog print?</span></h2>
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Florida Woman finds rare lithograph at Goodwill- It's rare but it CAN happen. <br />
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<a href="https://gma.yahoo.com/florida-woman-finds-rare-lithograph-print-goodwill-201407696--abc-news-personal-finance.html" rel="nofollow">Florida Woman finds rare lithograph at Goodwill</a>- Link<br />
<br />Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-65660230461861721942015-02-20T18:44:00.003-08:002015-02-20T18:44:23.569-08:00Art Heals!!! Duh!<span style="font-family: Verdana, sans-serif; font-size: large;">Nature, ART, music--- heal thyself Naturally!!!!</span><br />
<span style="font-family: Verdana, sans-serif; font-size: large;"><br /></span>
<span style="font-family: Verdana, sans-serif; font-size: large;">www.hessARTadvisory.com</span><br />
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<span style="font-family: Verdana, sans-serif; font-size: large;">http://newscenter.berkeley.edu/2015/02/02/anti-inflammatory/</span>Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-17970911238783920932015-02-02T20:30:00.001-08:002015-02-02T20:52:47.064-08:00Can you treat ART as you do Real Estate for tax purposes?<div style="font-family: 'Helvetica Neue', 'Segoe UI', Helvetica, Arial, 'Lucida Grande', sans-serif; font-size: 13px; padding: 0px;">
<span style="color: #666699; font-family: Calibri;"><b><span style="font-size: x-small;"><span style="color: maroon;">Art Industry News </span></span></b></span></div>
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<span id="yui_3_16_0_1_1422937231256_5548" style="font-family: Calibri; font-size: x-small;"><b id="yui_3_16_0_1_1422937231256_5554">February 1, 2015 - With 1031 exchanges, art investors avoid taxes</b><br />THE WALL STREET JOURNAL - Industry experts suggest that a federal capital-gains tax deferral, known as 1031 IRC like-kind exchanges, commonly used for real estate investment is increasingly used for art assets. To pass IRS scrutiny and obtain the tax benefit, taxpayers must meet certain requirements including hold their art as an investment, sell and purchase new "like kind" art of equal or greater value within 180 days and use a qualified exchanger to manage the swap.</span></div>
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<span style="font-family: Calibri; font-size: x-small;">The IRS requires art appraisals to be conducted by a QUALIFIED ART APPRAISER. </span></div>
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<span style="font-family: Calibri; font-size: x-small;">www.hessART advisory.com</span></div>
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<span style="font-family: Calibri; font-size: x-small;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1U5M5_RSlkPvqmoOAz86w44uYazb6iAl-rb56Ohco9w4HI1r3ZZWLkYatILlm_Dupn0VJAdLSgLggCFu2_MSUqI-1Hwf-4S1uUQfjMUzs_PnA20fzMLSty1h8QwxJVuKYXBFTN1GUW8w/s1600/4033158_1_f614ee5d18.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1U5M5_RSlkPvqmoOAz86w44uYazb6iAl-rb56Ohco9w4HI1r3ZZWLkYatILlm_Dupn0VJAdLSgLggCFu2_MSUqI-1Hwf-4S1uUQfjMUzs_PnA20fzMLSty1h8QwxJVuKYXBFTN1GUW8w/s1600/4033158_1_f614ee5d18.jpg" /></a></span></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-1899928090672934332015-01-19T20:45:00.001-08:002015-01-19T20:45:10.704-08:00Art Collecting- FREE TALK Jan. 24th<a href="https://www.facebook.com/events/393123144198661/%20%20Explore%20financial%20best%20practices%20for%20the%20prints%20in%20your%20collection%20with%20Claudia%20Worthington%20Hess,%20MBA%20and%20AAA%20certified%20fine%20art%20appraiser.%20Learn%20more%20about%20when%20and%20how%20valuations%20should%20be%20done%20and%20understand%20the%20role%20they%20can%20play%20in%20your%20decisions%20about%20buying,%20selling,%20insurance,%20donations,%20estate-planning%20and%20museum%20loans.%20FREE%20Saturday%20Jan.%2024th%209:30-10:30%20%20Organized%20by%20the%20International%20Fine%20Print%20Dealers%20Association%20in">San Francisco Fine Print Fair</a><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTcuKUynuqU8O5LMGUpCrgk9ImrmavmKnYOq6tURJGpP31jZ4uHVZ9NbmJxhApaFoHD2hbq78JeWiWxK-HouXMi9OzhruhmSMd1TC5uoiWbtt35Sqa_wQCsSGW7AW1V1ho2P3rnzJNy1I/s1600/IMG_3094.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTcuKUynuqU8O5LMGUpCrgk9ImrmavmKnYOq6tURJGpP31jZ4uHVZ9NbmJxhApaFoHD2hbq78JeWiWxK-HouXMi9OzhruhmSMd1TC5uoiWbtt35Sqa_wQCsSGW7AW1V1ho2P3rnzJNy1I/s1600/IMG_3094.jpg" height="320" width="240" /></a></div>
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Explore financial best practices for the prints in your collection with Claudia Worthington Hess, MBA and AAA certified fine art appraiser. Learn more about when and how valuations should be done and understand the role they can play in your decisions about buying, selling, insurance, donations, estate-planning and museum loans. FREE<br />
Saturday Jan. 24th 9:30-10:30<br />
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Organized by the International Fine Print Dealers Association in conjunction with the San Francisco Fine Print Fair.Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-75590134536728494592015-01-16T10:03:00.001-08:002015-01-16T10:03:56.974-08:00<h2 style="color: #666666; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 14px; text-transform: uppercase;">
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<em>“YOUR ART COLLECTION:<br />PROTECTING AND ENHANCING ITS WORTH”</em></h2>
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Saturday, 9:30 – 10:30 pm </div>
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Explore best practices for the prints in your collection with Claudia Worthington Hess, MBA, and AAA certified fine art appraiser. Learn more about when and how valuations should be done and understand their impact for insurance, donations, estate-planning and museum loans.</div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-37264989728783575302014-10-09T16:54:00.002-07:002015-02-20T18:43:44.832-08:00<span class="commentary" id="control_gen_35" style="background-color: white; border: 0px; color: #333333; font-family: Helvetica, Arial, sans-serif; line-height: 17px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Dear Friends: </span><br />
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<span class="commentary" style="background-color: white; border: 0px; color: #333333; font-family: Helvetica, Arial, sans-serif; line-height: 17px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><br /></span></div>
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<span class="commentary" style="background-color: white; border: 0px; color: #333333; font-family: Helvetica, Arial, sans-serif; line-height: 17px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Do you hate your cousin, your brother, your little sister? Don't let it come to this. Get items appraised - even ahead of time. Sincerely Yours, your certified professional appraiser www.hessARTadvisory.com </span><br />
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<span style="background-color: white;">Singer James Brown's will didn't include his wife, Tomi Rae Brown, (seen with him in 2005), leading to a court fight that continues almost eight years after his death. <span class="i-credit" style="border: 0px; font-style: italic; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Associated Press</span></span></div>
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<span style="background-color: white;">Hyman Darling knows personally and professionally just how bitter inheritance disputes can get. An estate lawyer in Springfield, Mass., he no longer talks to some members of what he says was once his tightknit New England clan after a fight following the 1993 death of his grandmother.</span></div>
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<span style="background-color: white;">Battles over estates can exacerbate tensions among siblings and tear families apart. But there are ways to significantly lessen the chances that your heirs will battle one another. </span></div>
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<span style="background-color: white;">Doing the right kind of advance planning can help avoid conflict. That includes consulting with your heirs or getting your property appraised to ensure that the items you bequeath are appropriately valued. Also, make sure you choose your executor wisely.</span></div>
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<span style="background-color: white;"><a class="t-company" href="http://quotes.wsj.com/ACN" style="color: #115b8f; margin: 0px; outline: none; padding: 0px; vertical-align: baseline; word-wrap: break-word;">Accenture</a>, <span class="article-chiclet down" data-channel-currency="$" data-channel-last-price="79.84" data-channel-path="/quotes/zigman/565535/composite" data-country-code="US" data-ticker-code="ACN" data-utc-offset-hours="-4" style="background-color: #ffcccc; border-bottom-left-radius: 4px; border-bottom-right-radius: 4px; border-top-left-radius: 4px; border-top-right-radius: 4px; border: 1px solid rgb(204, 0, 0); cursor: pointer; display: inline-block; font-size: 14px; line-height: 1.2rem; margin: 0px; outline: 0px; padding: 0px 5px; position: relative; vertical-align: baseline;"><span class="ticker" style="border: 0px; margin: 0px; outline: 0px; padding: 15px 0px; vertical-align: baseline;"><a href="http://quotes.wsj.com/ACN" style="color: #cc0000; font-family: Arial, Helvetica, Geneva, sans-serif; line-height: normal; margin: 0px; outline: none; padding: 0px; text-decoration: none; text-transform: uppercase; vertical-align: baseline; word-wrap: break-word;">ACN <span style="border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">-2.07%</span></a></span></span> a global consulting firm based in Dublin, Ireland, estimates that some $30 trillion of wealth is going to be passed from older generations to younger generations over the next three to four decades. That shift will create ample opportunity for estate fights among the wealthy as well as the merely affluent.</span></div>
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<span style="background-color: white;">Roughly 70% of families lose a chunk of their inherited wealth, mostly due to estate battles, according to research conducted over two decades by the Williams Group, a San Clemente, Calif., firm that helps families avoid such conflicts.</span></div>
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<span class="i-credit" style="background-color: white; border: 0px; font-style: italic; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Dave Whamond</span></div>
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<span style="background-color: white;">The fights aren't always about the money, either. "You can have a multimillion-dollar estate, and too often the children are fighting over the $2,000 watch," says Bernard Krooks, an estate lawyer at Littman Krooks in New York. </span></div>
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<span style="background-color: white;">He says it isn't uncommon for people to spend more money on legal fees battling siblings or other family members than they stand to inherit.</span></div>
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<span style="background-color: white;">Mr. Darling spent his share of his grandmother's estate on hiring a lawyer and deposing family members he suspected of unduly influencing his grandmother. "It really wasn't about what I was going to get," he says. "I was looking for the truth." </span></div>
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<span style="background-color: white;">Here are some pointers for families to consider when devising an estate plan.</span></div>
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<span style="background-color: white;"><span style="font-size: small;">
Beyond Dollars and Cents</span></span></h6>
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<span style="background-color: white;">Estate planners and other experts advise clients to think at least as much about the nonfinancial aspects of dividing their property among children and other heirs as they do about minimizing taxes. </span></div>
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<span style="background-color: white;">"Don't assume that fair means equal," says Marlene Stum, a professor of family social science at the University of Minnesota in St. Paul and author of a book about the family dynamics of inheritance, "Who Gets Grandma's Yellow Pie Plate?" "When it comes to property and possessions, it's almost impossible to be equal," she says.</span></div>
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<span style="background-color: white;">A good place to start is deciding on what "fair" means within the context of your family. </span></div>
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<span style="background-color: white;">A parent might decide to leave a larger inheritance to an adult child who struggles financially and less money to a child who has struck it rich on her own. A sick or disabled child might need to inherit cash for long-term care but wouldn't find much use out of a family vacation home. </span></div>
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<span style="background-color: white;">Conversely, a parent might be reluctant to leave money outright to a troubled or estranged child or believe they had given a child enough money while alive to justify leaving nothing else to him in a will.</span></div>
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<span style="background-color: white;">In Mr. Darling's case, his grandmother, who owned two stores and real estate in New Hampshire at the time of her death, had four living children and several grandchildren. Mr. Darling's own mother, who was one of the grandmother's five children, had died when he was 19.</span></div>
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<span style="background-color: white;">Expecting to get his mother's share of the grandmother's estate—or at least a lakefront property that had been promised to him—Mr. Darling, then 43 years old, says he was surprised to inherit "only a token" amount of money, a few thousand dollars. Some of the grandmother's million-dollar-plus estate had been given away during her lifetime as gifts to her four living children and a couple of other grandchildren. </span></div>
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<span style="background-color: white;">Mr. Darling eventually gave up without getting more of the estate.</span></div>
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<span style="background-color: white;">Now, in his own law practice, he says he makes sure that what his clients say is what they really want. "I have to be able to defend those decisions with family members once they die."</span></div>
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How to Prevent Fights</span></span></h6>
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<span style="background-color: white;">Communicating your wishes for who gets your personal property and assets after you die and making them explicit in your will are usually the best way to prevent a family feud, experts say.</span></div>
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<span style="background-color: white;">First, make a list of your assets, including bank and brokerage accounts, retirement savings and life insurance—and note who you have named as the beneficiaries of those assets. Then add homes, big-ticket property such as artwork, furniture, jewelry or expensive clothing and family heirlooms, and consider who you want to inherit those items. </span></div>
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<span style="background-color: white;">If a daughter is the beneficiary on a brokerage or retirement account, giving a home or artwork of similar dollar value to a son can help balance things out between them.</span></div>
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<span style="background-color: white;">Experts say it's worth it to ask family members for their input. You might have assumed your daughter wants the Steinway baby-grand piano when she doesn't, or you might have thought nothing about a worthless box of old holiday decorations while all three of your children are jockeying to claim it for themselves.</span></div>
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<span style="background-color: white;">Getting family input also gives you the chance to explain your reasons for arranging lopsided inheritances while you are still alive and can benefit from whatever parental authority you still have. </span></div>
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<span style="background-color: white;">Says David Cutner, an elder-law attorney at Lamson & Cutner in New York. "It's not about the money. It's more about 'Did Mom or Dad love me?'"</span></div>
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<span style="background-color: white;">You may have helped one son with the down payment on a house, for example, but not the other, and that's how you explain to the first son why his inheritance will be smaller. Or your nephew might have been your primary caretaker for the last year of your life, quitting his job to look after you full time, helping you to explain to your other heirs why he is getting proportionately more than them. </span></div>
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<span style="background-color: white;">Consistency is important, Ms. Stum says. If one in-law is allowed into the decision-making circle, all of them should be, otherwise resentment between siblings can brew. Listening only to the most vocal child and ignoring the rest, or being unclear about how and why a certain decision was made regarding money or property also can breed mistrust.</span></div>
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<span style="background-color: white;">"People change their minds or the children don't necessarily want what you plan to give them," she says. "Sometimes it's nice to keep things flexible." </span></div>
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Alternative Approaches</span></span></h6>
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<span style="background-color: white;">There are also some maneuvers you can make to even the financial score among heirs.</span></div>
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<span style="background-color: white;">Rather than itemizing who gets what in your will, a simple way of dividing things up equally is to get your property and possessions appraised and then have the children or grandchildren take turns choosing what they want while you are still alive, says Ronnie Ringel, a managing director at Fiduciary Trust in New York, a unit of asset-management firm <a class="t-company" href="http://quotes.wsj.com/BEN" style="color: #115b8f; margin: 0px; outline: none; padding: 0px; vertical-align: baseline; word-wrap: break-word;">Franklin Resources</a>. <span class="article-chiclet down" data-channel-currency="$" data-channel-last-price="53.91" data-channel-path="/quotes/zigman/226981/composite" data-country-code="US" data-ticker-code="BEN" data-utc-offset-hours="-4" style="background-color: #ffcccc; border-bottom-left-radius: 4px; border-bottom-right-radius: 4px; border-top-left-radius: 4px; border-top-right-radius: 4px; border: 1px solid rgb(204, 0, 0); cursor: pointer; display: inline-block; font-size: 14px; line-height: 1.2rem; margin: 0px; outline: 0px; padding: 0px 5px; position: relative; vertical-align: baseline;"><span class="ticker" style="border: 0px; margin: 0px; outline: 0px; padding: 15px 0px; vertical-align: baseline;"><a href="http://quotes.wsj.com/BEN" style="color: #cc0000; font-family: Arial, Helvetica, Geneva, sans-serif; line-height: normal; margin: 0px; outline: none; padding: 0px; text-decoration: none; text-transform: uppercase; vertical-align: baseline; word-wrap: break-word;">BEN <span style="border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">-4.60%</span></a></span></span> Disputed items could be offered for bidding in a family auction. </span></div>
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<span style="background-color: white;">Conversely, you can set things up to allow family members to bid on a coveted property after your death.</span></div>
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<span style="background-color: white;">Linda Hirschson, the chairman of the New York estate-planning group at law firm Greenberg Traurig, had a client who had a vacation home and farm in New Hampshire valued at around $2 million. At the time he was making his plans for passing it down to one of his three children, he was in his 90s and the children were already middle-aged. </span></div>
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<span style="background-color: white;">He ranked his children based on his opinion of who would want the house more. A daughter in California was put last, a son on the East Coast was ranked second and a daughter in the Midwest was ranked first. She got first dibs on the house, and its appraised value came out of her total share of the father's estate. Had she not wanted it, the son would have gotten next dibs, and the other daughter after that.</span></div>
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<span style="background-color: white;">Another client had a family business. The son was involved in management and the daughter wasn't. The son was designated the heir to the business, and he and the daughter jointly inherited commercial real estate associated with it. The daughter was also given a lump sum of cash determined by her father to be fair compensation, Ms. Hirschson recalls. The son was responsible for paying the estate taxes associated with the business.</span></div>
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<span style="background-color: white;">Life-insurance proceeds can also be used to compensate one heir for getting less real property than another, says Mary Schmidt, an estate lawyer at Schmidt & Federico in Boston.</span></div>
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Choosing a Referee</span></span></h6>
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<span style="background-color: white;">The person you designate to distribute your assets and belongings after your death is a key consideration—one that people often don't think through, experts say. Often, the oldest child gets named executor by default, or two adult children get named co-executors. Both situations can be a mistake if there are smoldering sibling resentments.</span></div>
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<span style="background-color: white;">Mr. Cutner says it's generally best to appoint a family member or trusted outsider who isn't a beneficiary of the estate. That person can get paid by the estate for his or her time in organizing papers and distributing the assets, and can be a coolheaded referee for any inheritance disputes.</span></div>
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<span style="background-color: white;">Even then, things might not go as intended.</span></div>
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<span style="background-color: white;">The late Diana, Princess of Wales, with her sons, Prince William and Prince Harry, in 1985. Princess Diana's estate was divided between her sons as her will provided, but her wishes on personal belongings weren't followed precisely. <span class="i-credit" style="border: 0px; font-style: italic; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Getty Images</span></span></div>
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<span style="background-color: white;">Diana, Princess of Wales, who died in 1997, directed in her will that her two sons, William and Harry, would each inherit half of her estate when they turned 25. She also wrote a separate nonbinding letter directing that one-quarter of her personal belongings, not including jewelry, be split among her 17 godchildren. The will gave her mother and sister discretion as executors to distribute her money and belongings.</span></div>
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<span style="background-color: white;">The executors didn't follow the letter's wishes, instead giving each godchild one single personal item that had belonged to Diana, according to testimony in a 2002 court case.</span></div>
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<span style="background-color: white;">"If you give executors discretion, you run the risk that your wishes won't be honored," says Andrew Mayoras, an estate lawyer in Troy, Mich., who has written about inheritance battles. "You should always spell out your wishes clearly in your will."</span></div>
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<span style="background-color: white;">Making your intentions known directly to your would-be heirs can also clear the air ahead of time so they won't erupt into internecine conflict after you're gone—particularly in the tricky situation where one child isn't going to get much money, if any.</span></div>
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<span style="background-color: white;">Some people put a clause in their will that says an heir who tries to contest it will get nothing. So-called no-contest phrases only work well, however, when the heir in question has enough of a reason not to fight it, says Mr. Krooks. </span></div>
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<span style="background-color: white;">A $1 million estate that leaves $100,000 to an heir and the rest to someone else, for example, comes with 100,000 built-in reasons for the heir not to fight it, compared with a will that would leave that heir nothing. </span></div>
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<span style="background-color: white;">"You have to make it worth everyone's while so that what they stand to lose is significant," he says.</span></div>
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<span style="background-color: white;">You should also detail in the will the reason why someone is getting substantially less than others, or nothing at all, with a phrase such as "I realize I didn't leave Sally anything and that's because of XYZ," says Barry Fish, an estate lawyer at Fish & Associates in Toronto.</span></div>
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<span style="background-color: white;">A child can be left out of a will as long as the decision is intentional and made by someone of sound mind without being influenced by someone else, Mr. Fish says.</span></div>
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<span style="background-color: white;">For example, say an elderly mother wants to leave more of her estate to one daughter who has helped her in her old age and very little to a daughter who has been difficult and estranged. In her will she could split her estate between them 90% to 10%, but that opens the door for the estranged daughter to fight for records and other documents to challenge the will.</span></div>
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<span style="background-color: white;">If the mother had established a $20,000 gift for the estranged daughter and left her estate to the other daughter in her will, the second daughter doesn't have anything to challenge.</span></div>
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<span style="background-color: white;">Giving both daughters an overview of what is in the will in advance will help keep the peace. "Silence is not golden," Mr. Fish says.</span></div>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-35337433758241677842013-09-13T13:30:00.001-07:002013-09-13T13:30:44.878-07:00Finally! A GOOD DRONE<div style="text-align: center;">
<span style="font-family: 'Helvetica Neue', Arial, Helvetica, sans-serif;"><span style="color: red; font-size: large;"><b>A burning question!</b></span></span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Have you ever wondered what Burning Man in Nevada is like?</span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Here's Eddie.com's DRONE video!</span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><br /></span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><a href="http://www.youtube.com/watch?v=m2ThTb6iffA&feature=youtu.be">http://www.youtube.com/watch?v=m2ThTb6iffA&feature=youtu.be</a></span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;"><br /></span></div>
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<span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif;">Here's a photo from a previous BM:</span></div>
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<img alt="Body of Knowledge" src="http://galleries.burningman.com/g/scaled/photos/valeria/valeria.1128_display.jpg" height="390" itemprop="contentURL" style="border: none;" title="Body of Knowledge" width="240" /></div>
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Body of Knowledge</div>
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<span itemprop="author" itemscope="http://schema.org/Person">By: <span class="metadata_value" style="line-height: 1.7em; padding: 0px 0px 5px;"><a href="http://galleries.burningman.com/browse?owner=valeria" itemprop="name" style="color: #990000; text-decoration: none;">Valeria Troubina</a> </span><br /><a href="http://www.burningman.com/scripts/composit/mailform.php?d=usa&n=stavka&tld=net" itemprop="email" style="color: #990000; text-decoration: none;" target="_self">email</a> the contributor<br /><span class="metadata_value" condition="view/creator/home" itemprop="url" style="line-height: 1.7em; padding: 0px 0px 5px;"><a href="http://www.bolinasgallery.com/valeria/" style="color: #990000; text-decoration: none;">http://www.bolinasgallery.com/valeria/</a> </span></span>Description: <span class="metadata_value" itemprop="description" style="line-height: 1.7em; padding: 0px 0px 5px;">Installation by Dana Albany</span><br />
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Year: <span class="metadata_value" style="line-height: 1.7em; padding: 0px 0px 5px;">2000</span><br />
Category: <span class="metadata_value" style="line-height: 1.7em; padding: 0px 0px 5px;">People </span></div>
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Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0tag:blogger.com,1999:blog-64344086082511016.post-56221554404497427992013-08-21T14:58:00.000-07:002013-08-21T14:58:08.837-07:00Buyer Beware part 4<h2>
<span style="background-color: white; color: red; font-family: Arial, Helvetica, sans-serif;">What is wrong with this auction listing?</span></h2>
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<a class="lotname truncate" href="http://www.artfact.com/auction-lot/original-water-color-on-paper-hand-signed-by-mich-5w-c-221a54f2d8" style="background-color: transparent; border: 0px; color: #660099; line-height: 22px; margin: -4px 0px; outline: none; padding: 0px; text-decoration: none; vertical-align: baseline; width: 360px;">Lot 5W: Original Water Color on Paper Hand Signed by Michael Schofield</a></h3>
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<span class="strong" style="background-color: transparent; border: 0px; font-weight: bold; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Estimated Price:</span> $5,000 - $8,000</div>
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<span class="strong" style="background-color: transparent; border: 0px; font-weight: bold; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Description:</span> In the manner of Michael Schofield hand bearing the signature, Water Color made on arches quality paper.</div>
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<span style="color: blue;">I'll give you a couple of days to comment...and then we'll begin to dissect the listing (that's a clue for you!)</span></div>
Anonymoushttp://www.blogger.com/profile/16308268680528195441noreply@blogger.com0