The case has provided an unusual view of how the ultrawealthy use the art market to evade taxes, and sometimes worse.
In order to prove that Alec and Guy misled Sylvia about her husband’s estate, Dumont Beghi first needed to know what assets they did report.
Dumont Beghi’s first step, then, was to ask a court to nullify the agreement Sylvia signed giving up her inheritance.
Only then could she access details about Daniel’s estate.
Dumont Beghi didn’t believe that figure was anywhere near the estate’s true value, but still, “It’s not nothing, for someone who died broke.” And it showed, Dumont Beghi concluded, that Sylvia had renounced her inheritance under false pretenses.
Persons:
Guy, Sylvia, Alec, Dumont Beghi, Daniel Wildenstein, ” Dumont Beghi, Dumont Beghi’s, Sylvia wasn’t, Wildensteins, Jocelyne, Alec’s, Daniel, Dumont Beghi didn’t, “
Organizations:
New York —
Locations:
New York, France