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Old 05-16-2006, 02:05 PM
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Unfinshed art

What is the name of your state? Colorado
We're filing a joint Chap 7. My wife paints some, mostly as gifts to people and she has a few unfinished paintings that she works on when time permits. Do these need to be declared as "Art objects?" There's not much way to put a value on them since there's no frame of reference..
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Old 05-17-2006, 08:09 PM
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Do these need to be declared as "Art objects?"
I wouldn't -- not unless your wife is Georgia O'Keefe or otherwise makes a regular income from her artwork. If she does not, it's purely a hobby.
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