Buying and owning art can be one of life’s greatest joys. But while the drive to own art is often fuelled by an emotional connection with a piece or the prospect of holding a lucrative investment, it is important for buyers and owners of art to keep their wits about them, from both a legal and practical perspective.
Felix Hale (Sotheby’s Tax, Heritage and UK Museums Team) and Jo Thompson (Forsters LLP’s Art Group) aim to point those wanting to buy, sell, and hold works of art in the right direction. This five-part mini-series will cover the following key areas:
- Acquiring and selling art
- Transporting art
- Maintaining your collects ion
- Passing on your art collects ion to the next generation
- Art and philanthropy
This piece is aimed primarily at private individuals with a UK tax exposure.
