Protecting Artists’ Legacies in the Contemporary Art Market

Program Date: 02/10/2020
Description
The conventions of the contemporary art market present unique challenges to artists and those entrusted with stewardship of artists’ legacies, including preserving the value of their artworks, maintaining their authenticity, and even material conservation of the artworks in their original form. Unlike traditional paintings and sculptures, which possess definitive materiality, conceptual artworks or artworks that need to be reactivated rely on documentation as an integral part of the work itself, making the relationship between artists or artist’s estates and purchasers increasingly more contractual. This panel will discuss the risks and best practices for artists and artists’ estates to protect an artist’s legacy through advance planning, including the unique challenges presented by conceptual and nonmaterial artworks and considerations for artists’ wills and foundations.
Available in states
California, Colorado Eligible, Florida, Georgia, New Jersey Eligible, New York, New York - BOTH New and Experienced Attorneys, Texas Self Study
Credit Information
50 minute credit hour - 1.0 General CLE credit, based on a 50 minute credit hour
60 minute credit hour - 1.0 General CLE credit, based on a 60 minute credit hour
State Program Numbers
Program Categories
Art Law
Complex Litigation
Estate Planning
Estate Planning & Probate
Federal Courts
Florida Eligible
Intellectual Property Law
Patent Law
Presenters
![]() Adam Buchwalter, Esq. Wilson Elser Moskowitz Edelman & Dicker LLP |
Adam Buchwalter is Of Counsel at Wilson Elser and focuses his practice on estate and tax planning, including developing strategies for mitigating estate and income taxes, and all areas of estate administration and charitable donation planning. Adam is a member of the firm’s Taxation and Art Law practice teams and lectures on the subjects of protecting artistic and collectors’ legacies and wealth preservation. |
![]() Jana Farmer, Esq. Wilson Elser Moskowitz Edelman & Dicker LLP |
Jana Farmer is a Partner at the national law firm Wilson Elser and a chair of the firm’s Art Law practice. She represents the interests of artists, collectors, businesses and art world professionals in a variety of transactions and disputes involving works of art and cultural artifacts. She frequently consults on due diligence matters to assist clients in preserving the value of their collections. |
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