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A Closer Look at Art Auction Houses

What do they do, and why are they unique?

Estate-planning attorneys often need to work with art auction houses when their clients’ estates include artwork. If the heirs aren’t interested in keeping the artwork in a decedent’s estate, practitioners may advise them to enter into a consignment agreement with an auction house to sell the artwork. But, there are a variety of auction houses, which have different specialties, locations and personalities. We contacted some of the auction houses that we work with at Trusts & Estates<

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