Asset Management
Once a valuation has been completed some attention to the condition of the items may be warranted. This is particularly important in terms of institutions, collections and individual items of high value.
For example, should a particular painting be restored or conserved? Is it being stored in the best conditions? Should a piece of furniture be re-polished - some finishes may be detrimental to value.
What is optimum insurance cover? What items should be given priority in emergency - for example flooding? All these problems can easily be resolved by calling upon professional advice.
Some clients may wish to invest in additional items to enhance their collections and require professional advice to minimise tax liability - for example prudent property transfer to family members may help to minimise exposure.
Why not seek professional advice, contact Patrick Bowen to discuss your options.
