Does art count as an asset that can be used to pay a deceased person’s debt?

The art was made by the deceased and used to be sold but at the time of his death was not being sold or even copyrighted.

Asked on April 15, 2015 under Estate Planning, Georgia

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

I am so sorry for your loss.  you ahve asked very good questions here and I think that you should have a consultation with an attorney that deals in art and copyrighted works (if that is the avenue that you need to follow) and if the art has a value and can be sold, the Executor of Personal Representative can indeed sell it (barring constrictions of a Trust or Will) to pay off debt.  Good luck.


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