Emigrant Bank Fine Art Finance | When Art Financing Makes Sense

Trusts and Estates

"I can't change the fact that my paintings don't sell. But the time will come when people will recognize that they are worth more than the value of the paints used in the picture."

— Vincent van Gogh

Emigrant Bank Fine Art Finance offers loans designed to meet the particular needs of the trust and estate community. Estates can borrow against a collection of art and antiques to pay estate taxes or to equalize distributions among heirs, thus allowing for an orderly disposition of assets over time. Collectors can also transfer assets during their lifetime by financing family purchases of collections or specific works of art.

“I arranged an art loan that pays me a stream of cash payments over time.”

“I borrowed against my art and used the funds to make annual gifts to family members. I was able to reduce the size of my estate, while keeping my art.”

“I borrowed against my art and used the funds to pay life insurance premiums.”

“I am the executor of an estate with art assets. I borrowed against the art and used the funds to pay estate taxes and administration costs.”

“We borrowed against the art in my father’s estate to avoid selling during a volatile market.”

“When our mother passed away, I wanted to keep her art. My brother didn’t, so the executor borrowed against the art and used the funds to make a distribution to my brother.”