centerlogobigAAD logo

enarzh-CNnlfrdehiplrues
Art

The heirs of 20th-century American painter Thomas Hart Benton are suing a Kansas City bank, alleging it has mismanaged the multimillion-dollar estate of the influential artist, including hundreds of artworks.

The artist’s daughter, Jessie Benton, and her three children filed a lawsuit in the Circuit Court of Jackson County, Mo., on Tuesday against UMB Bank, run by Kansas City’s prominent Kemper family. The bank manages a pair of trusts tied to the late artist, who died in 1975 and ranks alongside Grant Wood as a leader of an American painting style known as Regionalism that flourished between the 1920s and 1940s.

Benton’s paintings, which hang in major U.S. museums including the Metropolitan Museum of Art, have sold at auction for as much as $5 million a piece.

To read more on the Wall Street Journal:

https://www.wsj.com/articles/dispute-roils-estate-of-prominent-american-artist-11576691414

 Screen Shot 2019 07 15 at 23.09.00

You may also like to read:

* Dementia Stopped Peter Max From Painting. For Some, That Spelled a Lucrative Opportunity.

* Picasso Inc: The Artist’s Messy, Messy Estate

* After Robert Indiana’s death, a tangle of allegations 

About the Author

AAD REPORTS

AAD REPORTS

AAD REPORTS   Reports, news and opinion from Art-Antiques-Design.com