Thinking he was covering all his bases, Tom Carvel of Carvel Ice Cream appointed no fewer than seven executors to manage his estate upon his death. Unfortunately, having so many hands in the pot turned out to be a recipe for disaster.
Anticipated estate tax increases means 2020 is a 'vintage-year' for trusts, but the rush can have negative long-term implications for the families that create them.
Broad in scope, straightforward and inclusive of all aspects of art law, including estate planning and trust considerations, the treatise needs to be on the bookshelf of any professional who works with artists, dealers or collectors.
