WSJ Notes Increased Use of Irrevocable Trusts to Protect Art Collections

March 29th, 2016

The WSJ notes the increased use of irrevocable trusts as a way for art collectors to transfer their holdings while still maintaining them in their personal collection.  “Basically, you are sheltering the appreciation,” says Michael Kosnitzky, a tax lawyer at Boies, Schiller & Flexner.

Read more at WSJ