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When an artist dies, it can be difficult to figure out how to handle their legacies and the works they've left behind. (Pictured: Pablo Picasso in his studio in Vallauris, France.)
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Pablo Picasso (seen here with his children Claude and Paloma, and singer Yolanda) left more than 45,000 before he died. It took six years to settle matters between his seven heirs after his death in 1973.
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American artist Mark Rothko died in 1970. In 1976, his daughter, Kate, sued Frank Lloyd, Marlborough Fine Art and the three executors of her father's estate for fraud.
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She claimed that the executors sold a substantial part of the artist's estate to the Marlborough Gallery in New York at undervalued prices as part of "a plan and conspiracy to defraud the estate," according to a New York Times report at the time. Kate won the case, though she lost access to key paintings.
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In 2000, John Edwards, longtime companion and sole heir to British artist Francis Bacon (pictured here), sued Marlborough Fine Art, accusing them of intentionally undervaluing Bacon's art when they bought them from the artist, and then reselling them at much higher prices, among other claims.
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Marlborough strongly denied any wrongdoing, and the estate dropped the claims in 2002.
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In 2011, the children of Armenian-Lebanese artist Paul Guiragossian (pictured here in studio in 1970) started the Paul Guiragossian Foundation to authenticate and archive the prolific artist's work.
Courtesy Paul Guiragossian Foundation Collection
His daughter Manuella Guiragossian, who serves as president of the Foundation, says that the sale of fakes has slowed since they started issuing official certificates of authenticity.
CNN  — 

Not many people know that Pablo Picasso created more than 45,000 pieces of art. What even fewer people realize is that following his death in 1973, it took six years – and $30 million – to settle matters between seven heirs and deal with his legacy.

When an established artist dies, what happens to the art? Family squabbles and long legal battles, often spanning decades, can paint a picture of greed that puts soap operas to shame.

“When there’s a large sum of money to be made and a large number of people involved, it becomes a real problem,” said Conor Macklin, director of the Grosvenor Gallery in London, at a panel talk at the Art Dubai Modern Symposium last weekend. “It’s become increasingly important for galleries to work with estates to advise and secure the legacy.”

In 2015, celebrated American painter Mark Rothko’s painting “No. 10” sold for an eyebrow-raising $82 million at a Christie’s auction in New York.

The sale renewed interest in the mess that followed Rothko’s death in 1970. In 1976, his daughter, Kate, sued Frank Lloyd, Marlborough Fine Art and the three executors of her father’s estate for fraud. She claimed that the executors sold a substantial part of the artist’s estate to the Marlborough Gallery in New York at undervalued prices as part of “a plan and conspiracy to defraud the estate,” according to a New York Times report at the time. Kate won the case, though she lost access to key paintings.

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In 1970, Kate Rothko Prizel, daughter of painter Mark Rothko, famously sued Frank Lloyd, Marlborough Fine Art and the three executors of her father's estate for fraud.

In 2000, the gallery was under the microscope again for alleged misdealings with prominent British painter Francis Bacon’s multimillion-dollar estate.

John Edwards, Bacon’s longtime companion and sole heir, sued the gallery, accusing them of intentionally undervaluing Bacon’s art when they bought them from the artist, and then reselling them at much higher prices, among other claims. Marlborough strongly denied any wrongdoing, and the estate dropped the claims in 2002.

“Prominent artists from the 1940s and ’50s have passed away and left these large, rich estates that need to be properly managed for the first time,” explains Loretta Würtenberger, a lawyer and founder of The Institute for Artists’ Estates in Berlin, Germany. “Typically, when an artist dies, existing contractual agreements with galleries cease, so that’s when everyone begins to fight for a better position.”

‘Like a crime scene investigation’

Another common issue is that, after an artist’s death, fake art becomes difficult to track. This is the case with Paul Guiragossian, who died in 1993.

A prominent Armenian-Lebanese artist, his work graced the cover of the inaugural catalog of Christie’s Middle East in 2006. His children created the Paul Guiragossian Foundation in 2011 to authenticate and archive the prolific artist’s work.

“Suddenly, people were coming to show us paintings they bought that were clearly fake, it was starting to get on my nerves,” said his daughter Manuella Guiragossian, who serves as president of the foundation and is also a painter.

“I teamed up with a copyright lawyer, and lately our work at the foundation has been like a crime scene investigation: enlarging images, tracing paintings, finding dates.”

courtesy sothebys
One June 21, 2016, Pablo Picasso's "Femme Assise," one of the artist's earliest Cubist paintings, sold for £43.2 million ($63.4 million) at a Sotheby's London auction, becoming the most expensive Cubist painting ever sold at auction.
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The sale of Edvard Munch's "The Scream" to billionaire Leon Black for $119.9 million in 2012 marked more than a new art record: it was the first time that a pastel, rather than an oil or acrylic painting, came anywhere near achieving such a price. This was in part due to the overwhelming popularity and international fame of the image, and the fact that it is the only version of Munch's signature work that is not owned by a museum.
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Rock star Eric Clapton sold his "Abstraktse Bild" by art star Gerhard Richter in 2012 for £21.3 million, establishing a new record for a living artist and the highest price ever paid for a Gerhard Richter painting. One of the most popular artists at the moment, the octogenarian has seen his work increase in value by over 600 percent in the past ten years, according to art market analysts. His oeuvre is celebrated as much for its range and versatility as for its virtuosity: his paintings tend to focus equally on the intellectual and the aesthetic. This is a particularly strong work, but the provenance -- coming from Clapton's private collection -- made the painting particularly attractive.
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Vincent van Gogh's "Portrait of Dr. Gachet" rocked the art world in 1990 when it sold to Tokyo's Kobayashi gallery for $82.5 million at Christie's-- more than twice the previous auction record. A portrait of Van Gogh's doctor, Paul-Ferdinand Gachet, of whom the artist was particularly fond, the painting had belonged previously to financier and philanthropist Siegfried Kramarsky, on long-term loan to the Metropolitan Museum of Art.
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Pablo Picasso's "Garçon a la Pipe" broke the $100 million ceiling when it sold at Sotheby's for over $104 million in May, 2004 -- the first painting to exceed the record set in 1990 for the "Dr.Gachet." (Interestingly, both "Dr. Gachet "and the "Garçon" achieved their record prices exactly 100 years after having been created by their artists.) Sotheby's Senior Vice President David Norman called the iconic painting "the finest work in public hands that was for sale."
courtesy christies
Christie's billed pop artist Roy Lichtenstein's nurse as the "quintessential Lichtenstein heroine," a "femme fatale," and called the painting itself a "dazzling masterpiece." Collectors must have been convinced, bidding the work up to a record price for the artist at $95,365,000 in November 2015.
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Setting a world record for an artwork sold at auction when it was purchased by the Qatari royal family in 2015, Les femmes d'Alger is in many ways the quintessential collectible Picasso: bold colors, fragmented planes, nude women, and art historical references (in this case, to Delacroix and Matisse). The work had previously sold for $31.9 million in Christie's 1997 auction of the collection of Victor and Sally Ganz -- a sale that many say ignited the current art boom.
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The portrait of the ample-bodied Sue Tilley, a British government worker, was one of four such paintings the British artist produced of the woman he called "Fat Sue." Described by Christie's in its catalogue as "one of the most remarkable paintings of the human figure ever produced." The portrait -- for which Ms. Tilly reportedly earned £20 per day as a model -- achieved a record for the artist when it sold at Christie's New York in May, 2015.
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Appetite for Modigliani's work had already been on the rise when this rare nude came up for sale. The work's extraordinary provenance, literature and exhibition history added to its desirability, helping it set a new record for the artist -- and one of the highest prices ever set at auction -- when it sold at Christie's in November, 2015 to a Chinese billionaire bidding by telephone.
courtesy sothebys
Long one of America's favorite home-grown artists, Georgia O'Keeffe is celebrated mostly for her magnificent flower paintings -- like this Jimson Weed , which shattered all records for the highest price ever paid for a work by a woman artist -- nearly quadrupling the previous record of $11.9 million set by Joan Mitchell just a few months prior. What's more, the work was also purchased by a woman: Walmart heiress Alice Walton, who bought it on behalf of the Crystal Bridges Museum (of which she is the founder).

Family doesn’t always see eye to eye, however. Shirin Partovi, founder of Shirin Art Gallery in Tehran and New York, found that she had to give up working with some difficult families.

“I really wanted to work with the family of an Iranian artist who died in 1972, but the siblings wouldn’t communicate, kept the stronger pieces off limits, and I didn’t know who to sign a contract with,” she said during the panel discussion at Art Dubai. “I couldn’t represent him because too many heirs wanted a piece. It’s a shame as really the artist’s legacy suffers in the end.”

Another key issue for estates is archiving material. Galleries will often work with estates to build an artist’s catalogue raisonné, a comprehensive list of every work completed by an artist.

“A catalogue raisonné serves as an important way to establish authenticity, especially for artists prominent in the secondary market,” said Macklin of Grosvenor Gallery. “We spend a lot of our time contacting auction houses saying that works they’ve got are incorrect. We could spend every day taking down fakes from different sites.”

He gives the example of a master forger who mimicked the style of popular Indian artist Francis Newton Souza, among others. In 2012, the forger was ultimately fined £100,000 ($124,160) and jailed for five years, but this was with the help of Scotland Yard’s Fine Art division.

Europe also has strict reselling laws, where an estate receives 4% of a work of art that is resold, according to Macklin. This kind of structure, backed by legal support, is not common elsewhere in the world.

“If a car gets stolen, police here will pursue the thieves, but a painting worth much more, nobody knows how to find it,” said Guiragossian, who is based in Beirut, Lebanon. “During the Civil War in Lebanon, my father’s artist studio was forced to move so many times. During an hour or two of ceasefire, we would put everything we could gather in a box … Now, we’re properly sorting, numbering, hoping we didn’t lose anything. It’s a giant task.”

Guiragossian says her father didn’t want to work exclusively with a gallery during his lifetime, and the foundation follows the same open philosophy.

Würtenberger says it is common that estates of contemporary artists would choose to switch from one mega gallery to two or three for stronger geographical representation.

“That way, they work as a team and not competitively,” she says. “From estate perspective, it’s about creating a situation where the artist’s legacy is best honored.”