Limited duration
The first model assumes that the activities will be temporary, in an estate of limited duration. In this situation, the goals are clearly defined and delineated. A plan can be developed with a calculation of the time, resources and financing. Note that establishing ultimate goals for the dissolution of the estate will depend on the legal form. So bear the laws concerning these structures in mind, and the steps that need to be taken to dissolve your organisation.
For example, a temporary governing board can be created for an estate of limited duration, which will work to set up an estate with certain clearly defined goals, such as organising a retrospective exhibition or exhibitions, drawing up an inventory and/or creating a catalogue raisonné (catalogue of works). Once these goals have been achieved, you may decide to dissolve the estate or continue it in a different form. In this phase, you can also consider the cultural support base for the legacy and how this can be further utilised in the future. This way of working requires high commitment in the short term, but in the longer term it may form the driving force of the estate.
There are various reasons to opt for an estate of limited duration. One reason to dissolve it is the expiry of copyright. Copyright exists until seventy years after the artist’s death. After that, the works enter the public domain and may be used without permission. This entails a loss of control, with the result that the legacy starts to live a life of its own.
Another way to dissolve an estate is by transferring the artistic legacy to a collection-managing institution such as a museum or another initiative. Clearly this does require a support base and resources. Finding a suitable home for the legacy with a collection-managing institution may be one of the goals of an estate of limited duration.
Also see the page ‘Managing your legacy’ in this guide for more information about donating your artistic legacy to a collection-managing institution.
If your activities are temporary, therefore, you need to consider the ultimate goal and final destination of the artistic legacy carefully. Determining that destination may also be one of the goals of the estate. So do bear this in mind when establishing the estate and determining the legal structure.