Managing the artist's legacy: planning for the future
Two-day workshop
24 March 2018 10am - 5pm25 March 2018 10am - 5pm
The General Assembly Room, Burlington House, Royal Academy of Arts, Piccadilly
£480 for the weekend. Concession rates are available for artists and their immediate families. Please contact Mary Ealden, Academic Programmes Manager, mary.ealden@royalacademy.org.uk.
Terms and conditions
Join us for the second course in our two-part series on managing an artist's legacy. Leading experts in the fields of estate planning, financial management, and law, including contracts, will discuss best practice when designing and implementing a strategy to preserve, promote and enhance the value of an artist’s work, both now and into the future, with a particular focus on planning for the future.
Speakers include:
Catherine Hill | Partner, Forsters, London
Richard Calvocoressi | Director and Senior Curator, Gagosian London
Amanda Gray | Managing Associate, Mishcon de Reya, London
Simon Gillespie | Simon Gillespie Studio
Frances Griffiths | Legacy Manager, Royal Academy of Arts
The artist’s legacy: planning for the future
If attending to business matters can be demanding, it can be harder still to set one’s mind to the task of planning for the future and what will happen after we’re gone. Over the course of these two days, leading experts will guide you through processes to ensure your estate can be managed in accordance with your wishes.
Day one – Saturday 24 March
Estate planning and financial management
Session one (10am – 1pm)
Wills and probate
Writing a will is something everyone should do, but is particularly important for artists to be mindful of the full extent of what their estate planning needs to accomplish. This session looks to explore creating a will to deal effectively with all your assets, aims and intentions.
Session two (2pm – 5pm)
Estate planning, tax and wealth management
The second part of the day includes a full consideration of the tax aspects of estate planning, including business and inheritance taxes, as well as real estate, philanthropy, and issues arising from assets held in different international jurisdictions.
Day two – Sunday 25 March
Ongoing obligations – protecting your estate
Session one (10am – 1pm)
Legal issues and contracts
From contracts of sale to protecting the artist’s resale right, we examine the law you need to know to protect your own interests, and those of your dependants.
Session two (2pm – 5pm)
Conservation considerations
Conservation experts explore the physical conservation of artists’ works and materials with reference to successful conservation projects of historic works, and also considerations of conservation associated with contemporary and new media art.
This expert-led workshop will provide cutting edge information and skills in planning and management relevant for living artists and their families. It is also relevant to advisers and collectors who are interested in protecting and enhancing the value of artist’s estates.
This is the second in a two-part series of courses on Managing the artist's legacy. To view the first course, click here. Courses are available to book as individual weekends or as a series.
For concession rates available for professional artists and their immediate families please contact Mary Ealden, Academic Programmes Manager – mary.ealden@royalacademy.org.uk.
About the workshop
This workshop is suitable for all levels with a personal or professional interest in an artist’s legacy and estate management.
This workshop is for you if:
• You are an artist, a family member of an artist, an art-world professional working with artists, and have a practical interest in the management of an artist’s legacy
• You aspire to work in the arts or cultural sectors and want to understand the importance of managing legacy and business practices involved in that process
• You are interested in the methods, tools and techniques of leading art-world professionals and advisers working with artists
• You would enjoy acquiring a fresh approach to understanding how to secure value for artists in the long-term
• You want to develop your skills and ideas in a peer-group context and within the historical setting of the Royal Academy’s Reynolds Room
For concession rates available for professional artists and their immediate families please contact Mary Ealden, Academic Programmes Manager.
Minimum age 18
Price for full weekend: £480 / £320 for artists
Price for full course (both weekends): £900 / £620 for artists
Saturday 24 – Sunday 25 March
This workshop will include:
• An introduction to important considerations, concepts and techniques which are relevant to the management of an artist's legacy
• An overview of the theory, practical information and best practice for the management and planning of artists’ estates and legacies
• Information on practical issues of law, tax, accountancy, intellectual property, and rights management
• The opportunity to work in a peer-group environment in conversation with professionals in the field
• Skills and knowledge that will help you in the management of an artist’s legacy
• Handouts and recommendations for further reading
• Light refreshments throughout the day and an opportunity to visit an exhibition while at the Royal Academy in London
Please note the RA does not provide specific or individual legal advice on personal cases and RA courses and classes do not constitute legal advisory for which one should seek appropriate counsel.
The course is held in the General Assembly room – originally a private room in the grand London home of Lord Burlington, until the building was transformed by Samuel Ware into an elaborately gilded state room in 1815-8.
When the Royal Academy moved to Burlington House in 1867, it was again transformed by Richard Norman Shaw RA into the main meeting chamber for the General Assembly, the Academy’s governing body – which continues to meet in this room to this day.
With its beautifully gilded interiors, wooden floors and marble fireplaces, the magnificently restored 18th century room houses works from the Royal Academy’s Collection of British art from the last 250 years, as well as portraits of contemporary Academicians.
Guest speaker includes
Anna Dempster
Head of Academic Programmes
Royal Academy of Arts
Dr. Anna M Dempster is Head of Academic Programmes at the Royal Academy of Arts in London. and is a College Research Associate at Wolfson College University of Cambridge, where she sits on the Fine Arts Committee. Anna was previously Associate Professor in Art Business at Sotheby's Institute of Art, responsible for the Art Business, Finance and Management Unit. Prior to that she was Director of Research at the Creative Industries Observatory, University of the Arts London and Founding Director of the MSc/MA in Creative Industries at Birkbeck College, University of London. She has research and teaching experience in leading academic institutions including the University of Cambridge, London Business School and Rotterdam School of Management and she regularly consults for practitioners and policy-makers. She holds a BA and MPhil in History from the University of Cambridge, and a PhD from the Judge Business School, Cambridge, UK. Her current research interests focus on the creative industries and visual arts and specifically Risk and Uncertainty in the Art World, with a book of this title published in 2014.
Catherine Hill
Partner
Forsters
Catherine advises a wide range of clients including traditional UK-based families, entrepreneurs, professionals and those involved in the art world. She acts for living artists, individuals investing in art and owners of landed estates with significant heritage property. She has represented many of her clients for her entire time in practice and has seen families through different generations of planning. She advises on all aspects of estate planning including succession, taxation and asset structuring with wills, trusts, partnerships and companies. She has particular knowledge of the tax exemptions and reliefs associated with art and business and the lending of art work to both institutions and individuals. Catherine has been recommended in a variety of leading directories including Super Lawyers, The Legal 500 and the Citywealth Leaders List. She trained and spent the first 15 years of her career at Withers. She joined Forsters as a partner in 2008.
Richard Calvocoressi
Director and Senior Curator
Gagosian London
Richard Calvocoressi is a director and senior curator at Gagosian London. Since joining the gallery in 2015, he has contributed to the exhibitions Francis Bacon: Late Paintings in New York (2015) and Alberto Giacometti/Yves Klein: In Search of the Absolute in London (2016). Born in 1951, Calvocoressi was educated at Oxford University and the Courtauld Institute. He was Director of the Henry Moore Foundation from 2007 to 2015, and Director of the Scottish National Gallery of Modern Art in Edinburgh from 1987 to 2007. Before moving to Scotland he was a curator at the Tate Gallery (1979 to 1987). In 2013 he co-curated the exhibition Bacon/Moore: Flesh and Bone at the Ashmolean Museum, Oxford. In addition, he has organised exhibitions on, or published critical appraisals of, Georg Baselitz, Lucian Freud, Anselm Kiefer, Paul Klee, Oskar Kokoschka, René Magritte, Lee Miller, Joan Miró, A. R. Penck, and Jean Tinguely.
Frances Griffiths
Head of Legacy
Royal Academy of Arts
Frances has over 10 years’ experience securing philanthropic funding for the arts and humanities, in both museums and Universities. She contributed to the 600th Anniversary £100m campaign for the University of St Andrews, and the £45m campaign to create the first design museum outside London, V&A Dundee, in addition to delivering multimillion legacy revenues to the National Trust for Scotland before joining the Royal Academy in 2017. Currently Head of Legacy at the RA, Frances is a Board member of the Harry & Margery Boswell Collection, and a campaign council member of Remember a Charity – a consortium of over 200 charities working in partnership promote leaving charitable gifts in wills as a social norm. She holds an MA (Hons) in Art History from the University of St Andrews, and an LLB in Law from the University of Edinburgh.
Simon Gillespie
Director
Simon Gillespie Studio
Conservation and restoration Simon Gillespie Studio. Simon Gillespie has been restoring since 1978. He was inspired by a visit to a restorer’s studio when he was living in Mexico City, where he witnessed what he thought were rather flippant methods being used and decided to come back to London and learn. Simon took two apprenticeships, studied chemistry and attended art history lectures for everything that was pertinent to the various projects that he was involved in. This has built up a huge bank of knowledge and experience. Simon started the business in 1982.
More recently, his expertise has been called on as part of the authentication process in the BBC television programme Britain’s Lost Masterpieces.
The artist's legacy
Over the weekends of 10-11 and 24–25 March, we’re running two expert-led workshops on planning and management. Divided into two courses entitled ‘Planning for the future’ and ‘Giving life to your collection’, we’re offering a special rate to those who wish to attend both weekends.
£900, £620 for artists
Our courses and classes programme
Our programme of short courses and classes offers the opportunity to explore a range of subjects, led by expert tutors and practising artists.