Estate Planning for Visual Artists

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Estate Planning for Visual Artists

About

In 2014, Joan Mitchell Foundation and Arts & Business Council of Greater Boston partnered to create the Estate Planning Workbook for Visual Artists. This workbook serves as a guide to understanding the components and the need for the basic elements of an estate plan, as well as addressing artist-specific concerns, issues, and opportunities relating to both their physical artwork and their intellectual property.

The workbook includes information on many elements key to estate planning including:

  • Legacy vehicles
  • Wills, Trusts, Power of Attorney, Healthcare Proxy, and Living Will
  • Choosing your personal representatives
  • Copyright
  • Elements of your estate
  • Talking with an estate planning attorney

This workbook was produced in conjunction with the Foundation’s Creating a Living Legacy (CALL) initiative, which provides resources and tools for artists in the areas of studio organization, documentation, and the inventorying of artworks.

Title

Estate Planning for Visual Artists

Authors

Jim Grace
Megan Low

Publisher

Joan Mitchell Foundation / Arts & Business Council of Greater Boston

Format

Publication

Topic

Estate Planning

Associated Program

Creating a Living Legacy

Share This Resource

Estate planning is an essential process both for the future and for your current artistic practice. Consider for a moment: if you had passed away last week, would your loved ones have known what to do with your artwork? Your equipment? Your studio? Come to think of it, do you know what you would want done? Estate planning provides an opportunity to think seriously about the future, for yourself, your loved ones, and your legacy.”