Valuable personal property can sit outside even a sophisticated wealth plan. Art and collectibles are a prime example. Sometimes these assets are not raised because their owners do not consider themselves collectors. In other cases, the assets are well known - even highly significant - but the professional requirements surrounding valuation, insurance, tax, transfer, or disposition are less clearly understood.

Christie’s “Andy Warhol: Machine Made” NFT sale in May 2021 raised broader questions about authenticity, representation, and value in the emerging digital art market.