Art Asset Legacy Planning
, President of Art Asset Management Group, Inc.
Xiliary Twil is the President of Art Asset Management Group, Inc., an art valuation firm established in 2009 to focus on fine art appraisals and art legacy planning for collectors, wealth managers.
Xiliary is an accredited Senior Appraiser with the American Society of Appraisers, a member of the Beverly Hills Estate Planning Council, and is on the National Board of Directors for Art Table, a national non-profit organization dedicated to advancing professional women's leadership in the visual arts.
Xiliary has been an active force in the Los Angeles art scene for over 35 years, as an appraiser, art advisor, arts educator, and a public arts specialist, collaborating with architects, developers, and artists, creating five Art-in-Public Places projects for the cities of Los Angeles, Santa Fe Springs, San Bernardino, and Hollywood. Xiliary has been an ongoing presence at international art fairs since the mid-1980’s as an exhibitor and educator.
For over 20 years she volunteered as an art docent for the Venice Family Clinic’s annual art walk, was the co-founder of Art City, a performance dance company, and founding member of the Century City Arts & Cultural Affairs Council
Developing an art collection requires time, energy, resources and most of all, passion. It is often difficult for collectors and their families to contemplate the significance and worth of their assets during their lifetimes, let alone the impact and consequences of the inevitable disposition of their collections. What do I do with the moose head? Inheriting art (or objects) and having a legacy plan, whether it involves keeping, selling, donating, conserving, or insuring, are all part of art stewardship.
With advances in technology and communication, the art market has never been more dynamic and accessible. However, the necessity of art legacy planning is more crucial than ever. As your client’s guide, the necessity of art legacy planning is more crucial than ever. In order to provide the most beneficial information regarding the management and protection of your client’s collection, we will explore the changing trends in valuation practices and in collection management within the art market, along with the myriad approaches to art legacy planning for both collectors and their heirs.
The discussion will include an overview of why you need a qualified art appraiser, what actually is an art appraisal, art insurance and the prevention of financial loss, the pros and cons of donating and gifting, estate planning, the various trends in art lending and the consideration of art as an asset.
To our 2 Silver Sponsors for our Feb. 13th Meeting ~
Marriott's Shadow Ridge
Children's Hospital Los Angeles