I completely agree, though I'm not sure I see any way around inheritance taxes. I wondered if Jim left instructions with his daughters regarding what he'd like done with the collection? I'm thinking about a wing at the Indpls Musum of Art.
"...but with deep reflection and love for the legacy he built." << is exactly why you wouldn't sell it. Or at least sell the entire collection to someone who would share it with the world.
In all fairness, I collect this and that. My family would/will sell what they can the minute I pass away.
The daughters should have just issued this statement: "These things don't mean anything to us. So we'll sell them to anyone who wants them." THAT is honesty.
I feel like the tax issue is a bit of a cop out given the family's vast wealth. Though I don't begrudge them for doing what they feel is right for them, but I, too, am saddened, as a collector myself. I hope they keep at least a few items that they connect with in some way to remember their dad by. I cherish several items that belonged to my late father.
I was hoping the City of Carmel might entice the Irsay family into building a museum for all his artifacts next to the proposed Great American Songbook Museum.
I completely agree, though I'm not sure I see any way around inheritance taxes. I wondered if Jim left instructions with his daughters regarding what he'd like done with the collection? I'm thinking about a wing at the Indpls Musum of Art.
To see the collection was a moment in time we got to enjoy. Nothing is forever.
I envy those with the ability to look at things in this way. My sentimentality causes me such sorrow sometimes.
"...but with deep reflection and love for the legacy he built." << is exactly why you wouldn't sell it. Or at least sell the entire collection to someone who would share it with the world.
In all fairness, I collect this and that. My family would/will sell what they can the minute I pass away.
The daughters should have just issued this statement: "These things don't mean anything to us. So we'll sell them to anyone who wants them." THAT is honesty.
I feel like the tax issue is a bit of a cop out given the family's vast wealth. Though I don't begrudge them for doing what they feel is right for them, but I, too, am saddened, as a collector myself. I hope they keep at least a few items that they connect with in some way to remember their dad by. I cherish several items that belonged to my late father.
I was hoping the City of Carmel might entice the Irsay family into building a museum for all his artifacts next to the proposed Great American Songbook Museum.