Episode 53 is now available on Bridgeford Trust Company’s Delivering Direction and Control podcast!
In this episode, David Warren – Co-Founder & Chairman of Bridgeford Trust Company – sits down with Alex Segal – Partner at Silberman Zaretsky PC – to explore the highly nuanced world of trust and estate planning for visual artists.
Alex shares how his practice focuses on representing painters, sculptors, and conceptual artists, and why traditional estate planning approaches often fall short for this unique client base. The conversation examines the deeply personal nature of artwork, the challenges of illiquid yet high-value assets, and the planning strategies required to balance legacy preservation, tax efficiency, asset protection, and privacy.
Throughout the discussion, David and Alex cover several key planning tools for visual artists, including asset protection strategies, valuation considerations such as blockage discounts, and the role of dynasty trusts and foundations in preserving artistic legacies. They also explore why directed trusts are particularly well suited for holding artwork, allowing families to separate fiduciary administration from artistic oversight while maintaining flexibility as circumstances and planning objectives evolve.
You can listen to our latest episode on Bridgeford’s podcast page, Apple Podcasts, iHeartRadio, Spotify, and SoundCloud—or watch it on our YouTube channel.
Bridgeford Trust Company’s Delivering Direction and Control podcast was developed to educate, challenge, and inspire listeners. As we interview experts in the trust planning arena, we keep listeners updated on developments regarding modern trust law and provide practical discussion on the powerful trust planning opportunities available to advisors around the country and the world—all in an effort to deliver far more direction and control to clients and their advisors than ever before. Check out all of our episodes here: bridgefordtrust.com/podcasts.
If you have questions on any of the topics discussed in this latest episode, don’t hesitate to reach out to us via our contact form or call us at (605) 224-9189.
