New Rules, New World: Demystifying the new Real Estate Landscape (post – NAR Settlement) – What Every CLPF Needs To Know! This presentation equips professional fiduciaries with essential strategies to effectively manage, value, and sell real property assets during probate and trust administration, in a post NAR settlement, constantly changing landscape. This presentation provides actionable insights into risk mitigatiJoin us for an engaging panel discussion featuring a risk advisor, CFO, and personal property appraiser as they explore best practices in estate planning and risk management during the Great Wealth Transfer. This unprecedented shift will see approximately $84 trillion in assets transition from Baby Boomers to younger generations over the next two decades. The transfer encompasses financial assets, real estate, family businesses, and, significantly, personal property such as fine art, jewelry, and collectibles. Our panelists will provide essential insights on navigating this monumental transition. They will discuss strategies to minimize estate taxes, the importance of accurate appraisals for valuable personal property, and effective methods for caring for and insuring these items. This discussion will equip estate planners and fiduciaries with actionable knowledge to guide their clients confidently through this reshaping of the financial landscape for future generations.on, liability avoidance, and optimizing real estate transactions for the benefit of estates and beneficiaries. Attendees will leave with practical tools and knowledge, including real-world case studies, to navigate complex real estate challenges with confidence. Topics of interest include: E&O insurance, CAR’s move away from supporting cooperating broker compensation, the moment CAR told CA real estate brokers to consult their own attorneys, what questions to ask every single broker – every single time – you hire them — and a reminder that you are hiring the broker, not the agent – every time – along with their insurance, and their memberships into NAR, CAR, and more.
E4 – “Wow! I Just Inherited A Picasso!” Generational Wealth Transfer of Fine Art, Jewelry and Tangible Personal Property
Speakers
Morgana Blackwelder
John Moran Auctioneers & Appraisers
Morgana Blackwelder is a seasoned expert in the fine art and luxury sector, specializing in the management, valuation, appraisal, and downsizing of extensive client collections. With a career spanning over twenty years in the art world, she possesses a comprehensive understanding across various art categories. Serving as the Senior Vice President and Director of Trusts and Estates, Morgana employs a holistic strategy that encompasses valuation, logistics, and marketing to secure the best possible results for her clients when selling art and collectibles. Morgana is a USPAP compliant and qualified appraiser of personal property specializing in 19th and 20th century California, American, Western, and Post-War fine art and prints and multiples. She is an Accredited Member of both the Appraisers Association of America and the International Society of Appraisers with a focus area in Fine Art. Her proven track record and deep knowledge of the art world make her a sought-after speaker on topics related to art valuation and the fine art market. Morgana adheres to the highest professional standards in appraisal practices. This expertise is crucial for conducting appraisals for purposes such as estate planning, insurance coverage, and charitable donations, positioning her as an invaluable resource for clients dealing with the intricacies of downsizing and estate management.
Morgana’s academic background, specializing in Fine Art and Art History, provides her with a unique and insightful perspective. She pursued her studies at California State University, Los Angeles, and further enhanced her expertise by completing Sotheby’s Art Business program. Additionally, Morgana has contributed her knowledge as a guest lecturer and contributor to the Art Business program at Claremont Graduate University.