Friends week: management of the artist’s estate and legacy
Friends of the RA are invited to join leading art law experts Pierre Valentin and Catherine Hill who will join Head of Academic Programmes at the RA, Dr. Anna Dempster, in conversation to reflect on key opportunities and challenges faced when managing artists’ estates and legacies. The conversation will be relevant for artists and their families as well as representatives, patrons and collectors.
Following the Royal Academy’s successful sell-out event Managing the artist’s legacy in January 2017, we are delighted to invite back Pierre Valentin, expert art lawyer and partner at Constantine Cannon LLP, in conversation with Dr. Anna Dempster, Head of Academic Programmes at the RA, to further reflect on key issues, strategies and structures that can preserve and enhance the value of an artist’s estate and legacy now and into the future.
Although some artists and their estates have prospered, ensuring a vibrant and long-lasting legacy, others have been marred in controversy, involved in damaging public disputes and withered away in time. The implications of successful legacy management are far-reaching, not only for artists and their families, but also for the trade, art-world representatives, collectors and patrons. There are further consequences for the preservation of artistic and cultural heritage and its enjoyment by future generations. The difference between success and failure often rests on the individual and their ability to formulate their vision for their legacy, then adopt strategies early to effectively implement and support that vision in the short, medium and long-term.
This event will be of interest to artists, art collectors and those with a broader interest in the art industry. We welcome Pierre Valentin to introduce and guide Friends through the fascinating world of artist’s estate planning and legacy management..
The talk will last around 45 minutes, followed by a Q&A. A post-event drink is included in the price of your ticket. Booking is essential for this event; if you wish to bring a guest please book one ticket for each person. Find out more about Friends events and Friends week 2017.
If you’re interesting in developing your creativity and learning more about the arts and art world, the RA’s Academic Programmes department provide courses and classes across a range of topics from art practice, art history and the business and trade of art. Click here to see their full programme.
About the speakers
Pierre Valentin started Constantine Cannon LLP in London in 2012. The firm is affiliated with Constantine Cannon LLP in the USA, where it has offices in New York, San Francisco and Washington D.C. Pierre heads Constantine Cannon’s international art law practice. His clients include commercial art galleries, art dealers, art collectors, auction houses, museums, artists, private banks and art investment funds. He was formerly Associate General Counsel and a senior director of Sotheby’s and more recently a partner of Withers LLP. Pierre speaks French, Italian and Spanish. Aside from his day job as a lawyer, he is a trustee of the Artists’ Collecting Society. Until July 2016, Pierre was also Chairman of the Board of World Monuments Fund Britain. Pierre is ranked in Legal Directory Chambers UK 2017 as one of the top two leading art lawyers in the UK and “one of the best exponents of art law in the business". “Pierre lives and breathes art law. He is very well respected and known by clients and other professionals in the art market as the go-to lawyer, particularly where there is a contentious angle”.
Catherine Hill, Partner at Forsters LLP, 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.
Dr. Anna Dempster is Head of Academic Programmes at the Royal Academy of Arts; she is responsible for commercial courses and classes, institutional academic partnerships and academic education outside of the RA Schools. She also currently holds a College Research Associate post at Wolfson College, University of Cambridge where she sits on the Fine Arts Committee. 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. 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.
The Royal Academy is an independent charity that relies on the generosity of its Friends. Thank you for supporting the RA by participating in Friends Events.
● Fully booked
Tuesday 16 May 2017
7 — 8.30pm
The Reynolds Room, Burlington House, Royal Academy of Arts, Piccadilly
£15. Includes post-event drink.