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Structuring Art Collection

How for a novice to create its own art collection and find the right structure to hold his assets ?

Being a large apartment in New York, a chalet in Courchevel, a villa in St Tropez, a jet for corporate or personal transportation or a superyacht sailing, from the Mediterranean sea in summer to the Caribbean’s in winter time, assets like Art Collection need to be taken care of and structured properly, not only for tax purpose but also to respect the governance within of the Family.

There are different structures through which HNWI owns these assets, depending on their status, their size, their use, the HNWI's tax situation and destinations. For instance, they can use the Special Limited Partnership, convert artworks into securities, consider to set up a Wealth Protection Plan, ...

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