Saturday, March 2, 2024

Does it matter who manages an artist’s estate?

it’s unusual for heirs of an iconic artist like [Thomas Hart] Benton to have enlisted a bank rather than a family member, art adviser or gallery to care for the artist’s assets and legacy.

Typically, artists’ estates are managed by people with personal ties or by a nonprofit foundation formed to bolster the artist’s market value and prestige—often by selling some works into museum collections, organizing shows, chasing down entities that infringe on their artist’s copyrights, and even licensing merchandising.

So what’s the problem? More via the WSJ.


Tags: , , ,


No comments so far.

Clancco, Clancco: The Source for Art & Law,, and Art & Law are trademarks owned by Sergio Muñoz Sarmiento. The views expressed on this site are those of Sergio Muñoz Sarmiento and of the artists and writers who submit to They are not the views of any other organization, legal or otherwise. All content contained on or made available through is not intended to and does not constitute legal advice and no attorney-client relationship is formed, nor is anything submitted to treated as confidential.

Website Terms of Use, Privacy, and Applicable Law.

Switch to our mobile site