The Life Cycle of an Artist: Tax and Administrative Issues
Wednesday, February 1, 2023 | 10:00 am - 11:45 am
Online registration is now closed. Please call Customer relations at 212 382 6663 to register or for assistance.
An artist will encounter numerous issues and planning opportunities regarding the taxation and administration of his or her art, from its creation, through the holding, sale, and gifting of that art during the artist’s lifetime, to the management and disposition of that art upon the artist’s death. Members of the Committee on Estate and Gift Taxation will offer a fast-paced journey through the lifecycle and beyond of the artist and will cover topics of import to all artists and their counsel. In addition to covering estate planning for and with art, our expert panel will focus on such topics as:
• Special considerations for artist’s estate plans, including the handling of nonfungible tokens (NFTs)
• Lifetime vs. postmortem gifts
• Intellectual property considerations
• Charitable planning
• Artist-funded foundations
• State sales and use tax questions
• Appointment of an art executor, trustee, or advisor
• Administrative issues after the artist’s passing
• Appraisal concerns
Click Here to View Program Agenda & Faculty
New York: 2.0 Professional Practice
New Jersey: 2.0 General
California: 2.0 General
Pennsylvania: 1.5 General
Connecticut: Available to Licensed Attorneys
$99 for Members | $199 for Nonmembers
This program is free to Members who are Law Students, Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in 2021-2023), In-House Counsel, Judges, or Attorneys in Government, Academic or Not-for-Profit sectors.
For New York Attorneys: Newly admitted attorneys (those admitted to the New York State Bar for two years or less) may participate in Skills CLE courses in live, nontraditional formats, where questions are allowed during the program (through June 30, 2022 per recent guidance of the CLE Board – for more information, click here).
Paul A. Ferrara | Managing Director and Wealth Strategies Advisor, Bank of America Private Bank
Sponsoring Association Committee
Estate & Gift Tax, Kevin Matz, Chair
Information about our Financial Aid Policy and Application can be found here.