Are You Prepared? Art, Yachts, and Unexpected Asset Transitions

Life’s unexpected events can often lead to significant changes. My practice primarily focuses on corporate mergers and acquisitions, art and maritime law. Today, I want to talk about my art and maritime practice, especially when it comes to high-value assets like art collections and pleasure yachts.

Death, a certainty in life, and divorce, a common reality, can trigger the movement of valuable assets that often include art collections and other luxuries like yachts. As an experienced legal advisor specializing in art and maritime law, I bring to the table not only legal expertise but also a genuine commitment to helping clients navigate these transitions in a simpler way—less headache, more relief.

Here’s how I approach these unique situations:

Proactive Planning:

Instead of waiting for a crisis to strike, I encourage proactive planning to prepare for potential transitions triggered by divorce, death, or the acquisition of large art collections or maritime assets. By addressing these possibilities with the right legal structures, our clients can mitigate risks and ensure a smoother process when the time comes.

Collaboration with Family, Bankruptcy, and Estate Lawyers:

As a business lawyer, I recognize the importance of collaboration and work closely with family lawyers and bankruptcy and trust and estate attorneys to coordinate comprehensive solutions for our clients. Whether it’s facilitating the purchase or sale of art, collateralizing assets for loans, or negotiating with auction houses, I provide strategic advice to protect our client’s interests.

Maximizing Asset Value:

My primary goal is to maximize the value of my clients’ assets, whether they have an art collection or a yacht. I specialize in structuring both recourse and non-recourse art and martime loans, ensuring that our clients can access liquidity while retaining ownership and control. Additionally, I assist in negotiating favorable terms with auction houses to achieve the best possible outcomes.

Client-Centric Focus:

Above all, my practice is driven by a commitment to my clients’ success. I prioritize their interests every step of the way, offering tailored advice for intricate legal and financial situations.

Whether you’re purchasing or selling these high value assets, collateralizing them for loans, or negotiating with auction houses, I’m here to help. With experience both domestically in the US and internationally, particularly in Latin America and Western Europe, I can provide the expertise you need to safeguard your interests and maximize the value of your assets.

Categorised in: News

This post was written by Daniel Novela