COURSE DESCRIPTION
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.
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Understand specialized valuation and appraisal requirements for art, collectibles, and unique personal property
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Structure fractional interest gifts and charitable remainder trusts optimized for collectible assets
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Address insurance, storage, and conservation issues affecting valuable collections in estate planning
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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.