If you are lucky enough to be included in the will hooray!. The advice of a qualified appraiser at an early stage is key. If the art has significant value great but if it doesn’t, you may be saddled with many costs including insurance, transport, conservation, framing to name just a few. Read on in this Artsy article for the full story :
Inheriting art can be a very educational and meaningful experience, helping you to learn more about your family and about the art world. On the other hand, assessing which pieces you’d like to part with and knowing how to do so can create a world of stress. So whether you’ve inherited one artwork or hundreds, here are some tips for figuring out what to do with it all.
What first?
Before figuring out what you’re going to do, first assess what you have. Some art collectors have the foresight to get their collections appraised, and may even have an inventory with the locations of artworks around their house and photographs of each piece, according to Daile Kaplan, vice president of the auction house Swann Galleries.