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PLI’s All About Tax Tips for Collectors provides in-depth yet accessible legal and tax guidance that helps you achieve beneficial tax-planning objectives more easily and at less cost.

Written by two of America’s foremost art law practitioners and authors, this plain-English softcover guide spotlights tax-advantaged strategies that you can exploit now, explaining the advantages and operation of (and requirements for) various types of charitable and noncharitable transfers, as well as certain kinds of tax-free like-kind exchanges.

Including adaptable sample forms and step-by-step checklists, All About Tax Tips for Collectors helps you to avoid planning strategies that are no longer desirable, such as fractional gifts; avoid pitfalls associated with certain planning instruments; choose appraisers whose qualifications meet PPA standards; use blockage discounts properly and avoid penalties; settle valuation disputes with the IRS and avoid litigation; obtain the right collection insurance — and a lot more.

Updated periodically, All About Tax Tips for Collectors is a vital guide for art collectors, art investors, wealth planners, and attorneys.

Founded in 1933, Practising Law Institute (Practicing Law Institute, PLI) is the nation’s foremost provider of continuing legal education. PLI is a leading publisher of authoritative legal references and other information resources and offers more than 300 live and electronic programs nationally.

About the Authors

Ralph Lerner and Judith Bresler are attorneys with Withers Bergman LLP in New York City, and are coauthors of the three-volume classic ART LAW: The Guide for Collectors, Investors, Dealers, and Artists.