Mr. Michael Mendelsohn

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  www.artandantiquesmag.com/Articles/Insider-Advice/You-C - [Cached Version]
  Published on: 10/1/2007    Last Visited: 11/29/2007  

  Michael Mendelsohn, founder of Briddge Art Strategies Ltd., an art succession planning firm in Purchase, New York, says that a piece of art mishandled in the estate planning process could lose as much as 70 percent of its value-through a collector's failure to mitigate estate taxes, say, or a poorly conceived sale at auction."The reason that happens is a lack of planning," says Mendelsohn, who recently published Life is Short, Art is Long (Wealth Management Press, 2006) to guide collectors in long-term thinking about their art.

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  www.asany.com/2006/10/october-meeting-personal-property - [Cached Version]
  Published on: 1/1/2006    Last Visited: 10/29/2007  

  Michael MendelsohnThe October chapter meeting will be held on Tuesday, October 10, 2006 at Connolly's Pub & Restaurant.The guest speaker will be Michael Mendelsohn, the president and founder of Briddge Art Strategies, Ltd., which specializes in art succession planning . Recently named a Top 100 collector by Art & Antiques Magazine, Mr. Mendelsohn, who is known both as a world-class collector and as an expert in structuring gifts for charities and family members, will talk about the Inheritance Planning of Art and Antique Assets.

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  www.attorney-cpa.com/i4a/pages/index.cfm?pageid=3428 - [Cached Version]
  Published on: 2/3/2007    Last Visited: 3/10/2007  

  Michael Mendelsohn, Liz Clement and Suzy Peterfriend Ross
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  Michael Mendelsohn, Liz Clement and Suzy Peterfriend Ross
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  Michael Mendelsohn is Founder and President of Briddge Art Strategies Ltd., the premier art succession planning firm in the country.He is an art collector, philanthropist, lecturer, and writer on inheritance planning and preservation of assets.Michael's innovative inheritance planning strategies for art and antiques assets have been featured in Trusts and Estates magazine and the newsletter of the Philadelphia Estate Planning Council.Michael has been quoted in articles in The Wall Street Journal, Forbes magazine, and Worth magazine.He is the author of Life is Short, Art is Long , Maximizing Estate Planning Strategies for Collectors of Art, Antiques and Collectibles to be published in the summer of 2006 by Acanthus Publishing.He is a frequent continuing education presenter on lifetime and postmortem planning strategies with a background in accounting, taxation, and philanthropic studies.As philanthropists, Michael and his wife Gael have gifted select pieces to the Museum of American Folk Art, the Philadelphia Museum of Art, the Milwaukee Museum, the Smithsonian Institution, and the High Museum of Art.Michael is a highly regarded speaker on the artistic, tax-planning, and philanthropic needs of collectors and has given presentations at the Smithsonian American Art Museum, Philadelphia Museum of Fine Art, Bank of America, U.S. Trust, Museum Trustee Association, Estate Planning Council of Philadelphia, New York State Society of CPAs, among others,.Michael formed Briddge Art Strategies Ltd. to create innovative family philanthropic opportunities, help fellow collectors become aware of their ability to keep collections intact, and advocate with collectors and their advisors to develop more tax efficient art distributions to heirs and art-related institutions.The successful application of this strategy to their own private collection is a key reason why Michael and Gael were recognized by Art & Antiques as one of America's Top 100 Collectors.

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  trustsandestates.com/ar/passion_of_a_collector/ - [Cached Version]
  Published on: 6/5/2007    Last Visited: 6/5/2007  

  Mendelsohn leaves the reader in no doubt as to his passion for collecting this "stuff".After all, art is not merely an investment, he points out; it is a love affair.
  
  The book is full of insights into what drives him and others like him to accumulate."A true collector," he says, "knows that collecting is a quasi-religion; a way of life that infuses the essence of one's being.It is part concept, part process, and part belief, alternately emotional, intellectual and sometimes both at once."
  
  While some of Mendelsohn's no doubt earnest passion can seem a trifle flaky, he retains an endearing sincerity and quickly backs up his more passionate musings with practical suggestions as to how collectors can buy cleverly while indulging their desires.He even suggests that passion felt for a piece can be a good indicator of its worth.
  
  "I compare people who buy art as an investment to those speculators who found themselves trapped in the Nasdaq stock market in the late 1990s - the artist de jour whom everyone swears is the best investment ever is no less a potential market bubble than a dotcom," he says.
  
  He relates the cautionary tale of a London-based pension fund that tried to become the first art-based mutual fund.The fund's return on investment was 8 per cent, but that came from only a few items.Everything else was a failure.
  
  Mendelsohn writes clearly and gives sensible advice about some of the rules and complications of art appraisal, trusts, found­ations and insurance, and how to navigate the potential minefield of dealers and auctioneers.
  
  A well-known figure in art investment circles, Mendelsohn is the founder and president of Briddge Art Strategies, a prominent US art succession planning firm.He is also an art collector, philanthropist, lecturer and frequent writer on inheritance planning and preservation of assets.With his wife Gael, who collaborated on the book, he is one of the top 100 collectors in the US.
  
  Mendelsohn breaks down his thoughts on investment by tapping the brains of several other leading art collectors.One of the most interesting passages desc­ribes how art can be used as an asset diversification strategy and why such strategies are becoming more popular.
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  The moral of this tale, says Mendelsohn, is that collectors should check out a museum's event policies before they loan a piece.

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  www.fineartwealthmgt.com/newsletters/index10_highlights - [Cached Version]
  Published on: 11/19/2007    Last Visited: 11/19/2007  

  Estimates are that art and collectibles represent some $41 trillion in wealth that is expected to change hands over the next 50 years as baby boomers leave their estates to their beneficiaries according to Michael Mendelsohn, founder and president of Briddge Art Strategies Ltd. in the U.S. For some families, collections represent a significant portion of their net worth.
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  In a new book entitled Life is Short Art is Long by noted collector, philanthropist and author Michael Mendelsohn he points out that art is not merely an investment but a love affair.The book is full of insights into what drives him and others like him to accumulate.He compares people who buy art as an investment to those speculators who found themselves trapped in the Nasdaq in the late 1990s.

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  trustsandestates.com/investments/archive/ - [Cached Version]
  Last Visited: 2/18/2008  

  Jul 1, 2005 12:00 PM, By Michael Mendelsohn, president and founder, Briddge Strategies for Art, Heirs & Philanthropy, New

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  www.expertclick.com/NewsReleaseWire/default.cfm?Action= - [Cached Version]
  Published on: 10/23/2007    Last Visited: 11/2/2007  

  Oct. 23, 2007 - At a presentation for art collectors and benefactors of the Strang Cancer Prevention Center at the National Arts Club Oct. 23 and 24, Michael Mendelsohn of Briddge Art Strategies, Ltd., will inform attendees that their art collections are unique assets which can benefit the collector's favorite charity while ">
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  Michael Mendelsohn - Inheritance Planning of Art Assets
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  Oct. 23, 2007 - At a presentation for art collectors and benefactors of the Strang Cancer Prevention Center at the National Arts Club Oct. 23 and 24, Michael Mendelsohn of Briddge Art Strategies, Ltd., will inform attendees that their art collections are unique assets which can benefit the collector's favorite charity while maximizing the value of the other assets in their estate.
  
  "With creative use of legal and financial vehicles your advisors already employ in their practices every day, you can significantly enhance the impact of your philanthropic giving using your collection," said Michael Mendelsohn, author of Life is Short, Art is Long: Maximizing Estate Planning Strategies for Collectors of Art, Antiques, and Collectibles."Using our unique PowerGifting strategies, your professional advisory team can help you leverage tax benefits, create a charitable legacy, and even maximize your charitable contributions while simultaneously giving more to your children."
  
  A leading art succession planning expert, Mendelsohn points out that there are a number of different strategies that collectors can use to benefit charitable organizations and causes depending on an individual's intentions and the qualifications of the receiving organization.In his presentation, Mendelsohn will outline the differences between gifting options such as charitable remainder trusts, bargain sales, endowment gifting, as well as the requirements and framework for tax deductions.
  
  If a collector fails to plan correctly during their lifetime, they face unfavorable tax consequences and the significant loss of a collections maximum value.Mendelsohn will also show the audience innovative solutions collectors and advisors can use to help collectors borrow against pieces in their collections to help charities, in addition to solving issues of liquidity, loss of value at auction, and fair distribution to their heirs.
  
  Many collectors fail to plan for their art during their lifetime, Mendelsohn points out.However, working with an advisory team to create an art succession plan can build philanthropic capital, create more money for their kids, tax savings, and gallery naming opportunities.
  
  "Philanthropy, if properly structured along with other strategies, benefits institutions, the collector, and the collector's family.It's a way to leave an art legacy and also give to the greater good," says Mendelsohn.
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  About Michael MendelsohnMichael Mendelsohn is Founder and President of Briddge Art Strategies Ltd., the premier art succession planning firm in the country.He is an art collector, philanthropist, lecturer, and writer on inheritance planning and preservation of assets.Michael's innovative inheritance planning strategies for art and antiques assets have been featured in Trusts and Estates magazine and the newsletter of the Philadelphia Estate Planning Council.Michael has been quoted in articles in The Wall Street Journal, The Financial Times, Business Week, Forbes magazine, and Worth magazine.He is the author of Life is Short, Art is Long - Maximizing Estate Planning Strategies for Collectors of Art, Antiques and Collectibles (Wealth Management Press 2007).He is a frequent continuing education presenter on lifetime and postmortem planning strategies with a background in accounting, taxation, and philanthropic studies. As philanthropists, Michael and his wife Gael have gifted select pieces to the Museum of American Folk Art, the Philadelphia Museum of Art, the Milwaukee Museum, the Smithsonian Institution, and the High Museum of Art.Michael is a highly regarded speaker on the artistic, tax-planning, and philanthropic needs of collectors and has given presentations at the Smithsonian American Art Museum, Philadelphia Museum of Fine Art, Bank of America, U.S. Trust, Museum Trustee Association, Estate Planning Council of Philadelphia, New York State Society of CPAs, among others.
  
  Michael formed Briddge Art Strategies Ltd. to create innovative family philanthropic opportunities, help fellow collectors become aware of their ability to keep collections intact, and advocate with collectors and their advisors to develop more tax efficient art distributions to heirs and art-related institutions.The successful application of this strategy to their own private collection is a key reason why Michael and Gael were recognized by Art & Antiques as one of America's Top 100 Collectors.
  
  More information about Michael Mendelsohn and Briddge Art Strategies Ltd. is available at www.BriddgeArtStrategies.com or call 800-216-3852.To contact Michael, call or email T.K. Hall at 617-717-8294 or TK@IctusInitiative.com.
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  Micheal Mendelsohn

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  www.nhbar.com/publications/display-news-issue.asp?id=36 - [Cached Version]
  Published on: 3/23/2007    Last Visited: 4/8/2007  

  A new book, Life is Short, Art is Long-Maximizing Estate Planning Strategies for Collectors of Art, Antiques, and Collectible Assets, written by Michael Mendelsohn with Paige Stover Hague, focuses on succession planning for collectors.
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  "What people don't understand is that the conventional approach to the disposition of these assets generally results in a hastily arranged auction sale that can lose up to 70 percent of the value of the collection," says Mendelsohn, founder and president of Briddge Art Strategies, and named one of America's top 100 collectors by Art & Antiques magazine.Co-author Stover Hague, an attorney, adds, "Sooner or later, if lawyers and financial planners don't start taking action to preserve the value of these assets, like they do all of the other property of their clients, a disgruntled heir who came up short is going to allege professional negligence."
  
  The authors have assembled a team of expert contributors from the legal, financial, insurance, and art worlds who offer a broad range of lifetime and postmortem planning options using the techniques that professional advisors work with daily.Mendelsohn offers specific solutions for collectors who want to free up cash for retirement, benefit the causes that are important to them, or create a fair distribution plan for their children.His PowerGifting techniques involve layering and phasing of conventional estate planning tools that offer advisors and collectors an array of creative alternatives to accomplish the collector's intentions.

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  www.artbusinessnews.com/ME2/Audiences/dirmod.asp?sid=&n - [Cached Version]
  Published on: 3/19/2007    Last Visited: 3/19/2007  

  PURCHASE, NY -Pre-publication reviews describe "Life is Short, Art is Long-Maximizing Estate Planning Strategies for Collectors of Art, Antiques, and Collectible Assets," by Michael Mendelsohn with Paige Stover Hague, Esq. as "the definitive guide for collectors, showing them how to optimize intergenerational wealth transfer, reduce federal tax liability, and create family and philanthropic capital."
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  "Life is Short Art is Long-Maximizing Estate Planning Strategies for Collectors of Art, Antiques and Collectibles" by Michael Mendelsohn, with Paige Stover Hague, Esq., Wealth Management Press (New York 2007)
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  "What people don't understand," says Mendelsohn, founder and president of Briddge Art Strategies, and named one of America's top 100 collectors by Art & Antiques magazine, "is that the conventional approach to the disposition of these assets generally results in a hastily arranged auction sale that can lose up to 70 percent of the value of the collection."

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  www.49marketingsecrets.com/AuthorsBios/tabid/53/Default - [Cached Version]
  Published on: 3/25/2008    Last Visited: 3/25/2008  

  Michael A. Mendelsohn is Founder and President of Briddge Art Strategies Ltd., the premier art succession planning firm in the country.He is a world-class art collector, philanthropist, lecturer, and writer on inheritance planning and preservation of art assets.With a background in accounting, taxation, and philanthropic studies, Michael is a frequent continuing education presenter on lifetime and postmortem planning strategies for art assets and has been an invited speaker at the Smithsonian American Art Museum, Philadelphia Museum of Fine Art, Bank of America, U.S. Trust, Museum Trustee Association, Estate Planning Council of Philadelphia and the New York State Society of CPA's, among others, on the artistic, tax-planning and philanthropic needs of collectors.

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