Premier Art Finance Artemundi Group / 2019 Premier Art Finance Artemundi Group : 201 | Page 33

New Yo rk · Lo n d o n · Mexico C ity · Ma drid
Collectors are not preparing heirs for ownership
81%
Plan to leave their collection to their heirs when
they pass away
But...
57%
have not taken steps to educate their heirs on how to
manage, appraise or sell their collection
Even though...
66%
believe it is very easy to get taken advantage
of when buying or selling collectibles.
©UBS Investor Watch 4Q, 2017
Art collectors: if you have made formal arrangements for your collection in your estate plan where will the art go?
The art will be sold & the proceeds
will go primarily to charity
1%
The art will be sold & the proceeds
will go primarily to my family
14%
The art will go primarily to my
private foundation
13%
The art will go primarily to a public
museum
5%
The art will go primarily to my
family
67%
0%
10%
20%
30%
40%
50%
60%
70%
80%
©Deloitte Luxembourg & ArtTactic Art &Finance Report 2017
Most heirs are not interested in collections
26%
were not
interested in the
collection and
sold or plan to
sell it
35%
were interested in
the collection and
kept it
What heirs are most likely to keep:
• Fine Art
• Automobiles
• Antiques
• Wine
What heirs are most likley to sell:
39%
were not interested in
the collection but kept
it anyway
• Gold/precious metals/coins
• Stamps
©UBS Investor Watch 4Q, 2017
www.artemundi.com
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