This article first appeared in ThoughtLeaders4 High Net Worth Litigation, Advisory & Divorce Magazine and is reproduced with its kind permission.
Simon Chadwick and Isabelle Harris have explored the impact of the anticipated $18 trillion intergenerational wealth transfer on art and cultural object collections in a piece for ThoughtLeaders4 High Net Worth Magazine.
In the article, they highlight the importance of robust collection management, due diligence, and provenance research, especially as ethical and legal expectations evolve. They also discuss the challenges around documentation, shifting attitudes to repatriation, and key considerations for charitable status and tax planning.
Read in full