Nov 16, 2014

Bequeathing a Collection, the Smart Way

dept 56
To some, leaving behind a meaningful legacy upon death is important. To have built a house, written a book, created a business or performed a heroic deed speaks to one’s character and may have a more lasting effect on future generations than the dollars and cents that are passed on through one’s last will and testament.

A collection is such a legacy, and it, too, makes a significant statement about a decedent. Collectors devote much energy and resources to developing their collections. A good collection is more than an assemblage of similar objects; it is well-thought-out, with each component complementing the others and combining to form a harmonious whole. A well-curated collection is, in itself, a work of art.

In his 1968 book “The System of Objects,” French philosopher Jean Baudrillard asserts that a collection is a complex statement of a collector’s being. Of the objects in a collection, Baudrillard states: “The object… emerges as the ideal mirror: for the images it reflects succeed one another while never contradicting one another… this is why one invests in objects… .” To a collector, a collection is vested with emotional value that exceeds its’ monetary value. Read More >>>

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