Treasure Assets
"The same concepts of normal corporate assets apply to Treasure Assets. Both require proper tracking, storage, maintenance, valuation, and tax treatment. The Power of the Pack applies here too."
In a corporate finance seat, nobody thinks about Warhols, Koons, or Hirst. Nobody thinks about wine as an asset, or jewelry beyond personal use. In a Family Office seat, all of that changes — and the practitioner who has just stepped from corporate finance into family-office work needs a reference that names what an art collection, a wine cellar, a watch case, a classic-car garage, a yacht, an equine operation, or a vineyard actually is on the books and in the estate plan. Treasure Assets is that reference. Basis math. Agreed-value insurance. Storage decisions including freeport vs domestic. Provenance documentation. The lifetime-gift-vs-bequest-vs-sale decision tree. The FBAR / Form 8938 question for treasures stored offshore. Each asset class's unique pack — the specialists, dealers, auction houses, restorers, insurers, financiers, and counsel — named and routed. The companion volume to the Family Office Reference Guide, written from the seat that quarterbacks both.