![Brushstrokes of Art Planning Brushstrokes of Art Planning](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blt32a81481fa3f2bd5/6733efd4b82bca23ca297ef2/149094092.gif?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Collectibles, such as art, antiques and classic cars often have significant emotional and economic value. While most estate and tax planning techniques focus on financial and real property assets, creative tax planning also may be useful when dealing with works of art.
Planning for art takes on a substantial significance in the context of the Great Recession—while many taxpayers have suffered depreciated assets, many investors in the art market have seen their artwork go up in value. In fact, for 2011, the Mei Moses World All Art Index (which tracks art sales across several categories), returned 10.2 percent, while the S&P 500 Index returned 0 percent.
Deferring Income Tax
Art investors who own appreciated works may want either to cash ...
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