DESCRIPTION
Trust & Estate Planning for Art, Collectibles & Uncommon Assets
Navigate the sophisticated planning challenges presented by unique and valuable assets that require specialized knowledge of valuation, transfer, and tax considerations. This program addresses the intersection of estate planning and art law, from fractional interest gifts to private foundation strategies for collectors. Master the techniques that preserve and transfer cultural and collectible assets across generations while achieving optimal tax and family objectives.
-
Understand specialized valuation and appraisal requirements for art, collectibles, and unique personal property
-
Structure fractional interest gifts and charitable remainder trusts optimized for collectible assets
-
Address insurance, storage, and conservation issues affecting valuable collections in estate planning
-
Navigate tax strategies including charitable deductions, installment sales, and private foundation alternatives for major collectors
Speaker:
Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice. He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use. He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology. Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.
Disclaimer: All views or opinions expressed by any presenter during the course of this CLE is that of the presenter alone and not an opinion of the Oklahoma Bar Association, the employers, or affiliates of the presenters unless specifically stated. Additionally, any materials, including the legal research, are the product of the individual contributor, not the Oklahoma Bar Association. The Oklahoma Bar Association makes no warranty, express or implied, relating to the accuracy or content of these materials.