One of my favorite parts to work in a high -level auction home like Sotheby's is to have access to human capital resources like my colleague, Monika Merchan (MM), who has a unique depth of knowledge and experience in the field of funding. Monica is a former JP Morgan Banker and Boss and Estate, who now runs the West Coast business for Sotheby's Financial Services (SFS). I (SC) spoke to Monica to debut myths for nurseries that advise clients to use their art and other collections for funding in the United States and abroad.

Purpose of loans to art

Sc: Why do customers seek to use their art and other collective property to ensure funding? In the world of Trusts and Estate, there is a common quagmire of an incentive …