Research On The Sustainable Development Mechanism Of Family Art Trust

As Chinese art prices continue to rise,for collectors,art has become part of their personal assets,in addition to bank deposits,stocks,real estate and corporate assets.How to manage and inherit art works as personal wealth is the difficulty collectors face.American art collector J.Paul Getty,an oil businessman and the richest man in the world in the 1960 s,established the J.Paul Getty Trust in his later years.In his will,he left most of his estate to the Trust to store,manage and display art to the public.With a history of 68 years,the Trust is the largest visual arts charity in the world.Trust subordinates four institutions,are respectively the Getty museum,the Getty research institute,the Getty conservation institute and Getty foundation,various agencies do their job,mutual cooperation,through the exhibition,publishing,protection,grants,and education,is committed to continue to affect the museum of art history research and practice,and promote public understanding and appreciation for art.Therefore,through the analysis of the Paul Getty Trust,to explore the factors for the sustainable development of family trust artwork,finally combined with the status quo of China's current policy and law,some enlightenment for art collectors and art family trust,contribute to the continuing operations of the trust,the art collection value,to expand the social influence of art collectors,family art trusts.This paper discusses the possibility of solving the sustainable development of private collections through family art trusts,helping collectors maintain and increase the value of their collections,and expanding their social influence.