Forsters has a specialist team of lawyers drawn from across the firm to provide a full service to clients owning heritage property and works of art. We have a broad range of clients including artists, galleries and auction houses, individual owners and collectors of art, owners of historic houses and their contents, whether individuals, trustees or charities in the UK or overseas.
Our team gives advice on:
- tax and succession planning
- structuring of artists' businesses, agency agreements and lending arrangements
- formation of charities and art foundations
- intellectual property rights including artists' resale rights
- import and export of works of art
- buying and selling art privately or at auction
- conditional exemption and public access requirements, acceptance in lieu scheme, maintenance funds specific to heritage property
- liability and insurance issues for trustee owners of heritage property and art
- disputes regarding ownership, provenance and authenticity of art
- litigation over transactions involving agents, auction houses and galleries.
Forsters' Private Client practice is top ranked in the latest edition of The Chambers HNW Guide.
Further information on our Art and Cultural Property Group's specialist expertise can be found here.
From growing a business to starting a family or handing over control of that business to the next generation, every individual has their own goals to aspire to. Our Private Wealth lawyers advise our clients throughout this family life cycle, providing the legal advice required for specific transactions such as purchasing a home or selling a business, whilst also advising on the long-term opportunities for succession and estate planning.
There are ways to minimise IHT where individuals own what qualifies as a ‘national heritage asset’, which can be a picture, land, buildings, a book or manuscript, work of art or scientific object or a collection, or anything else considered pre-eminent for its national, scientific, historic or artistic interest.