Why wills and bequests are not just for philanthropists

Many artists, arts professionals and culture lovers have significant art collections, and yet few consider what their future value might be to others through a bequest.
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Image Unsplash; photo Joanna Kosinska

‘Many of the great art museums of the world have been built around the foresight of people who have made significant donations, bequests or endowments,’ reminded Robert Heather, Director of New England Regional Art Museum (NERAM).

We tend to primarily think of bequests as those gifts coming from major collectors and philanthropists, but many of us who work in the visual arts – arts professionals and artists – equally hold extremely interesting and valuable collections.

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Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina