At Sotheby’s Financial Services, we provide tailored solutions that empower collectors to navigate complex challenges, from estate planning and liquidity needs to strategic acquisitions and legacy management.
When a prominent U.S. art collector passed away, their estate was faced with a significant challenge. Under IRS regulations, estate taxes were due within nine months of the date of death. The heirs were not only grieving, but also confronted with the daunting task of meeting this deadline without a clear plan to access the necessary liquidity.
Traditional banks offered loans – but lacked expert insight on the true value of the art.
That’s where Sotheby’s Financial Services can step in.
Understanding the nuance and emotional weight of the situation, we offered a loan backed by the collection itself. This gave the family the breathing room they needed.
Over the next 18 months, we worked together to strategically sell works across multiple sales, maximizing value and minimizing disruption.
Sotheby’s Financial Services was built to do this. We focus on the world’s top collectors, empowering them with financial flexibility to support their goals – whether that means addressing estate planning needs, acquiring new artworks, funding personal passions, or meeting broader business demands, such as investing in commercial real estate or other ventures.
Unlike traditional banks, SFS combines deep expertise in both art and finance. Our value proposition is simple, yet powerful. We offer:
- Confidential and custom lending solutions of up to $250 million
- Credit decisions primarily based upon the value of your collection
- Fast, secure funding with white-glove service
The key to a successful outcome is involving us early. Our integrated approach supports clients throughout their entire collecting journey – from acquisition to legacy planning – ensuring that their collection continues to work in service of their goals.
Please don’t hesitate to reach out to a member of our specialist team to discuss how we can assist you.
Visit sothebys.com/sfs to learn more and connect with a specialist
