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January 2014 Archives

Avoid confusion, financial burden of your funeral with a trust

You may not know this, but Houston is home to the National Museum of Funeral History. According to the museum's website, visitors will see a collection of funeral service artifacts -- the largest in the U.S. -- and will tour exhibits about mourning rituals going back to ancient times. Visitors will also learn about the history of the funeral industry and get a look at items that were used in the funerals of presidents and popes.

The devil is in the details in battle over artist's trust, p. 3

We have been talking about Robert Rauschenberg, an artist who helped to shape the Op Art movement of the 1960's. One of Rauschenberg's most famous works, the mixed media "Canyon," made headlines a couple of years ago when its owners wanted to sell it. But "Canyon" features a large, stuffed bald eagle, and bald eagles are protected by federal law. Selling "Canyon" would be a felony.

The devil is in the details in battle over artist's trust, p. 2

We are continuing the discussion from our last post about litigation involving artist Robert Rauschenberg's foundation. Rauschenberg -- who was, coincidentally, born in Texas -- was enormously influential in the art scene, especially during the '50s and '60s. He was also enormously successful: When he died in 2008, he left behind an estate worth an estimated $600 million.

The devil is in the details in battle over artist's trust

A few weeks ago, the University of Texas at Austin lost its claim to an Andy Warhol portrait of Farrah Fawcett. The actress had left her art collection to the university's museum, but it seems neither Fawcett nor her estate ever catalogued the collection. The museum did not realize it was missing the Warhol work until one of Fawcett's friends pointed it out.

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