Structuring Art Businesses

McNairGettyImages-85703855.jpg Wealth Planning>Estate Planning Structuring Art Businesses Balancing transfer tax and income tax considerations for artists.

Artists are different. Anyone who works with artists, or anyone who knows an artist, can attest that devoting one’s life to the creation of art requires a unique mentality. Artists traffic in a certain kind of alchemy; they take ordinary materials with little to no intrinsic value and turn them into priceless objects of aesthetic and cultural significance. 

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