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Future Focused: Sophisticated Estate PlanningHigh-level financial techniques that are accessible and easily understandable Author: Wiggin and Dana LLP's Erin Nicholls and Michael Clear
Welcome to Future Focused: Sophisticated Estate Planning with Wiggin and Dana LLP, the show where you can learn high-level estate planning techniques in a manner that is accessible and understandable. This is the show where CPAs, Insurance Professionals, Investment Bankers, Trust Companies, CFPs, and more can firm up on their understanding of estate planning strategies so that they can better guide their clients to make wise decisions with their legacy. Future Focused is hosted by Erin Nicholls and Michael Clear, Partners of the Private Client Services department at Wiggin and Dana, LLP, with the aim of preserving the wealth that a family has worked so hard to create, we pride ourselves in offering value driven solutions and results. Head on over to Wiggin and Danas Private Client Services page where you can subscribe to this show on your favorite podcast platforms, share episodes with your clients, and follow our highly talented, creative, and experienced lawyers on LinkedIn for even more great insight. Language: en Genres: Business, Education, How To, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Ep. 66 – The Lifecycle of Art Ownership: Key Legal, Tax, and Practical Considerations for Collectors
Episode 66
Thursday, 28 May, 2026
In this episode of Future Focused: Sophisticated Estate Planning, host Michael Clear welcomes Kenley Stark, Counsel in the Private Client Services Department at Wiggin and Dana, for an in-depth conversation about the complex lifecycle of art ownership. Together, they delve into the many stages collectors face—from the initial acquisition to the eventual sale or transfer—revealing how each step brings its own set of complex legal, financial, and logistical challenges that go far beyond the simple act of buying art. Michael and Kenley emphasize the necessity of thoroughly reviewing sale documentation to safeguard title, ensure authenticity, and understand risk exposure. They also discuss the critical roles of art advisors, the complexities of physically taking possession of art, and why securing the right insurance and storage solutions is essential for protecting both the artwork and the owner's investment.
