Celebrity Estates: Lessons from Leonard Lauder’s Art Legacy with Oliver Pursche

In this episode of Celebrity Estates, host David Lenok welcomes Oliver Pursche, senior vice president at Wealthspire Advisors, for a deep dive into the estate complexities surrounding Leonard Lauder’s famed art collection. From cubist masterpieces to staggering valuations, they explore how collectibles impact balance sheets, spark family conflict and raise nuanced estate planning questions. Here’s what to expect from this episode: The emotional psychology behind collecting and why it matters to advisors How valuation types (fair market vs. insurance vs. resale) shape tax and succession planning What advisors must know about collaborating with clients’ outside experts Strategies to handle heirs with unequal interest in inherited collections And more! Resources: Listen to Celebrity Estates on WealthManagement.com Subscribe and listen to Celebrity Estates on Apple Podcasts Subscribe and listen to Celebrity Estates on Spotify Trust and Estates Magazine Connect With David Lenok: [email protected]  WealthManagement.com LinkedIn: David Lenok LinkedIn: Informa LinkedIn: WealthManagement Connect With Oliver Pursche: Wealthspire Advisors LinkedIn: Wealthspire Advisors LinkedIn: Oliver Pursche, CEPA, AAMS (800) 994-3766 About Our Guest: Oliver serves as an advisor based in the firm’s Westport, Conn. and New York offices and is an Accredited Asset Management Specialist (AAMS®). He joined the team with over 25 years in financial services, having worked with independent RIAs, regional Broker Dealers, banks and bank trust departments, and family and multi-family offices. Before coming to Wealthspire, he worked at Bruderman Asset Management, where he served most recently as the interim Chief Market Strategist and Vice Chairman of the Board, and previously as Chief Executive Officer. While concluding his tenure at Bruderman, he simultaneously served as Chief Investment Officer and Chief Market Strategist at EsteV LLC. He has also held leadership positions at Gary Goldberg Financial Services, Trust Company of America, and Neuberger Berman. Oliver is an experienced global macro market strategist with significant media and corporate communications experience, as well as a published author. Active in the industry and his community, he served on the Cherie Blair Foundation for Women Entrepreneurs Advisory Board, Westport Arts Center Board, and Harvard Business Review Advisory Board, among others. Originally from Germany, Oliver has resided in Fairfield, CT since 1984 and likes to stay active by playing tennis, scuba diving, and participating in competitive trap and skeet shooting in his free time.