Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Friday, February 28, 2014
East Is East and West Is West. Art Is Art and Money is . . .
Image via Newyorker.com
Remember the case of the dropped million-dollar vase? The vase wasn't worth anything like a million. And dropping it was sort of the theme of the exhibition. Ben Mauk explains.
Takeaway: In an age when "even gallery employees cannot distinguish between art and garbage," contemporary art may not be the ideal alternative investment.
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