» Art Collection

A Million Dollars in Art, but No Money for a Burial?

April 11th, 2013
Despite Mr. Simpson’s collection of museum-quality art, some of it housed in the Manhattan gallery he owned, which is now under lock and key, his family said it lacked the money for a burial. A million dollars worth of art is quite a collection!… Read More
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Categories: Elder Law, Estate Planning
Tags: Art Collection, estate planning, Illiquid Assets

A Gift You Cannot Return in Ann Arbor

February 7th, 2013
The Brooklyn Museum seemed to have garnered a bonanza in 1932 when it received a large bequest from the estate of Col. Michael Friedsam, president of the elegant retail emporium B. Altman. But eight decades later … the museum potentially faces a he… Read More
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Categories: Charitable Giving, Elder Law, Estate Planning
Tags: Art Collection, Charitable Giving, estate planning, Gift

A Gift You Cannot Return in Ann Arbor

January 25th, 2013
The Brooklyn Museum seemed to have garnered a bonanza in 1932 when it received a large bequest from the estate of Col. Michael Friedsam, president of the elegant retail emporium B. Altman. But eight decades later … the museum potentially faces a he… Read More
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Categories: Charitable Giving, Current Affairs, Estate Planning, Trust Funding
Tags: Art Collection, Charitable Giving, estate planning, Gift