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Join 678 Partners Network Sommelier for a joint discussion with Randy Fox on why serious art collectors destroy their art and their net worth(unknowingly). Stories about serious art collector mistakes, not discussing possible outcomes for their collection in advance with family members. Unknown tax issues (personal property and capital gains) as well as estate taxes. Lessons for art museums, and how 40-50 years of art collecting can disappear in a matter of several days or weeks. We will discuss cars in a separate interview.