Give Your Art a Voice
Beyond Your Lifetime

Where craft meets counsel

12 Pain Points That Can Derail an Artistic Legacy

Complex Valuation
• Real-world flashpoint: The same canvas is appraised at $15 k and $220 k.
• Why it hurts: Conflicting values trigger IRS audits and leave insurance gaps.

Copyright Fog
• Flashpoint: Heirs post a catalogue and immediately receive an infringement threat.
• Pain: Lost licensing income and unexpected legal bills.

Heir-to-Heir Warfare
• Flashpoint: Siblings “borrow” pieces from the studio without permission.
• Pain: Probate delays and family fractures.

Storage & Conservation Spiral
• Flashpoint: Mold blooms on stacked canvases.
• Pain: Irreversible damage and six-figure restoration costs.

Liquidity Crunch
• Flashpoint: A $10 million collection but only $50 k in liquid cash.
• Pain: Forced fire-sales that depress market value.

Museum Rejections
• Flashpoint: An institution agrees to take just 2 of 50 works—and asks for an endowment.
• Pain: Gift stalls and the storage bill comes back home.

Authentication Gridlock
• Flashpoint: 400 unsigned studies; scholars disagree on authorship.
• Pain: Market stigma and a stalled catalogue raisonné.

Digital & NFT Orphans
• Flashpoint: Private keys vanish.
• Pain: The digital asset evaporates, but tax is still due.

Site-Specific Traps
• Flashpoint: An installation can’t be rebuilt without the artist’s input.
• Pain: The work is banished to warehouse purgatory.

Opaque Gallery Handshakes
• Flashpoint: No paperwork exists for 60 consigned pieces.
• Pain: The estate can’t reclaim, sell, or insure the art.

Foundation Fatigue
• Flashpoint: Admin costs devour the foundation’s corpus within five years.
• Pain: Mission drift and potential IRS penalties.

Charitable-Deduction Pitfalls
• Flashpoint: Required IRS forms are missing critical signatures.
• Pain: The deduction is denied and penalties stack up.

The Life & Legacy
Planning Session

Your First Step Toward
the Outcomes You Want

Through our signature Life & Legacy Planning Sessions, we partner with artists and art collectors to craft intentional estate plans that clearly reflect your vision and values. Our approach ensures you achieve outcomes that matter most, preventing disputes and uncertainty, and providing lasting cultural impact.

Step 1:
Discover the Most Likely Outcomes of Your Current Plan

Step 2:
Explore Your Goals & Strategies to Overcome Your Challenges

Step 3:
We Design Your Plan Together

How We Love

Financial Protection

Manage and safeguard your children’s inheritance, ensuring their assets are protected from misuse, creditors, and financial predators. This allows their inheritance to support their growth, education, and well-being responsibly.

Avoiding Probate Court

Keep your children and their inheritance out of probate court, saving your family time, money, and the emotional stress of legal battles. This ensures a smooth and private transfer of assets according to your wishes.

Legacy Interview

Record a personal video message for your children, sharing your life stories, values, and hopes for their future. We provide guided questions in categories like life lessons, wisdom, family history, beliefs, and dreams, allowing you to leave behind a meaningful connection.

Our Clients

  • Families With Kids Young & Old

    Families With Kids Young & Old

    Tailored estate planning to secure your children's future. Trust setup, guardianship designations, and education fund strategies for peace of mind.

  • Business Owners

    Business Owners

    Comprehensive estate planning for business continuity, tax-efficient wealth transfer, and succession strategies to protect your life's work.

  • Real Estate Investors

    Real Estate Investors

    Estate plans designed for property asset protection. Real estate succession, tax minimization, and efficient property management directives.

  • Doctors

    Doctors

    We build systems to control the unique concerns and goals of physicians. Asset protection, medical practice structuring, buy-sell agreements, and strategic tax reduction planning. Safeguard your professional and personal financial health.

  • Entertainers, Artists & Professional Athletes

    Entertainers, Artists & Professional Athletes

    Estate strategies tailored for public figures, safeguarding royalties, image rights, and long-term wealth.

  • Art Collectors

    Art Collectors

    Specialized estate planning for art collectors. Provisions for valuation, conservation, and curated art succession.

  • Tech Investors

    Tech Investors

    Estate planning for tech portfolios. Intellectual property trusts, digital asset management, and startup equity distribution strategies.

  • Blended Families

    Blended Families

    Customized estate plans respecting diverse family dynamics. Includes stepchild inclusion strategies, asset distribution fairness, and trust structures.

  • Professional Women

    Professional Women

    Empowering professional women with estate planning for longevity, career breaks, wealth growth, and multigenerational care with thoughtful, goal-oriented strategies.

Our Services

  • Navigate complex tax landscapes with our comprehensive tax reduction planning. We offer tailored strategies to minimize your liabilities and maximize estate value—ensuring more of your legacy reaches your loved ones while remaining compliant with ever-changing tax laws.

  • Safeguard your hard-earned assets against potential future creditors, lawsuits, or judgments with our asset protection planning. We create robust legal structures that preserve your wealth, providing you peace of mind that your financial legacy is secure for generations to come.

  • Ensure your legacy is passed on according to your wishes with our inheritance structuring services. We carefully craft your estate plan to address individual beneficiary needs, mitigate tax implications, and avoid probate delays, creating a seamless transition of your assets.

  • Our business structuring services provide the foundation for your company's success and longevity. We help you select the right entity type, draft agreements, and create mechanisms for growth, all while positioning you for optimal tax and legal advantages.

  • Plan for the future of your business with our succession planning services. We design a custom roadmap for leadership transition that aligns with your business goals, ensuring continuity, minimizing tax burdens, and maintaining harmony among successors and family members.

  • From an estate planning perspective, our retirement planning services ensure your nest egg is protected and efficiently transferred to your beneficiaries. We work with you to integrate retirement accounts, like IRAs and 401(k)s, into your estate plan with tax-efficient strategies that align with your legacy goals.

  • Proactively prepare for unexpected health challenges with our disability and health care planning. We establish clear directives for your care preferences and financial management, ensuring that your well-being and dignity are upheld even when you can't advocate for yourself. Our plans include durable powers of attorney and advanced health care directives tailored to your specific wishes and needs.

 

Get in touch

Tax & Wealth Law Systems

1 World Trade Center
85th Floor
New York, New York 10007