What’s the fair market value of a deceased collector’s undivided fractional interest in 64 works of art—art that includes pieces by Pablo Picasso, Henry Moore, Jackson Pollock, Paul Cezanne, Jasper Johns, Ellsworth Kelly, Cy...
Reporting the deceased spousal unused exclusion amount on the gift tax return
Post-crisis, there is a growing demand for rare musical instruments as an alternative investment. The return on investment can be high, but there are risks with these illiquid investments.
Three scenarios provide important lessons for attorneys and their clients
