ri141117 Estate
Planning: Preparing an innovator’s will
Preface
After a few years at sea, so to speak—having launched myself off the shores of the island-like University of Washington School Of Art to search for my Perfect Studios—I took my boxed set of paperbacks, the Perfect Studios Trilogy, to a lawyer. He and I had been discussing online education and teachers’ Intellectual Property with the idea of publishing IP on a CD/ROM. The boxed set of books I call the Perfect Studios Trilogy was a kind of stock basis—perhaps bankable.
He showed up for our meeting in a coffee shop with one of the firm’s partners, which surprised me. Even more surprising was their response, which was positive and encouraging. They said, “If your idea as a computer program for artists’ assets management actually functions, then this idea would be worth a lot of money because there would be a good market for this sort of thing.”
They thought it could be monetized, in other words because they knew that artists’ families usually have a big problem with their artist members’ legacy when he or she passes on. There is no systematic way to assess the value of the legacy except in cases where the artist is famous and has a deep and wide following among wealthy art collectors.
If the artist is not famous, or if he or she has somehow not shown up on the art world’s radar screen, then their lifetime of work is disposed of willy-nilly, destroyed, given away. If the family knows the ropes, then the art might be consigned to an auction house where, in all likelihood, it will molder away in a storage unit until it is forgotten.[1]
Perfect Studios
In 1984 I conceived of the Perfect Studios as being a place, under one roof so to speak, which art could be taught, researched, practiced and be a source of community services. The teaching hospital was my model because the UW Hospital is a teaching hospital, and the four functions—teaching, research, practice and service (TRPS)—are the basis for it work.
All these functions are carried on at the same time, “under one roof,” as it were, or concurrently. Interchange among these functions should lead to a viable company if it were translated into an arts institution, and I wanted the UW Art School to be like the UW Hospital in that regard. My plan didn’t fly, although I had 19 good years to test out my method.
What the attorneys saw that day was my way of putting the idea into words. In three books I wrote the basics: monetizing assets (The Art of Selling Art), new technologies (Reinventing Arts Studios), and innovation (Ghosts in the New Machine). I was satisfied with the first book because it met the field-testing of ways artists can learn about marketing and sales in keeping with their artistic bent.
I drafted the second and third books, but technology changes outpaced my ability. It was a moving target. As for the third, it was two generations of ahead of the times and, like the technological changes that were propelling the “new machines,” my grasp of the future exceeded my reach. Half-dozen years later, the Internet was accessible and it meant that mechanization and digital communication had taken over the artist’s studio and the artists’ intellectual properties.
Last will and testament
Writing wills, for example, has been automated. Those attorneys I talked with in the 1980s moved to issues which are not as easy to automate as such things as personal and real properties. Intellectual property became a specialization when industry added the value of workers’ creative brains put to work writing code for industrial software, games, entertainment, and banking. Thus, today, lawyers specializing in IP are numerous; they may outnumber estate planning lawyers or, I hope, work in concert with them.
I hope so, because I have, in effect, erected a “virtual” mansion over the past fifty years, all devoted to art education, with a specialty in media arts with its roots in the old-fashioned printmaking crafts. When the UW turned down my offer to transform the printmaking division to suit the coming age of digital communication, I took the idea into my little boat and rowed away, and I netted a huge asset base, most of it in digital formats for graphics, text, spreadsheets, multimedia and databases.
If there were an institution around Seattle to which I could will this lode, I could sure use it now. If it is not available, I will build one and I will call it the Seattle Printmakers Center, and my IP will be the “stock basis” for this enterprise.
[1] In
Seattle, for example, the Pacific Galleries and Auction House www.pacgal.com has many artworks on
consignment, and a review of their online auctions will show well-known and
lesser-known Northwest Artists whose work is cycled through the auctions
periodically, hoping for a buyer.

