Clothes Art to Be Sold At Auction

Clothes Art to Be Sold At Auction<br /><br />Although there has been a great deal of speculation about who will inherit Elizabeth Taylors estate, no one really knows for sure what she planned except for her family, close friends and legal team since Dame Elizabeth opted to do things privately by using a revocable living trust as the governing document of her estate plan. Nonetheless, aside from her ex husband, Larry Fortensky, spilling the beans yesterday about his $800,000 bequest, another piece of Ms. Taylors plan has been made public in a deal dating back to 2006, the actress contracted with Christies auction house to sell her jewelry, clothes and art after her death. The auctions are apparently set to take place late this year or early next, and while as mentioned above the contents of Ms. Taylors estate plan have not been made public, many are speculating that the money generated by the auctions will, at least in part, be used to benefit amfAR, an aids research organization co founded by Ms. Taylor in 1985.<br /><br />Among the jewels in Ms. Taylors collection a 33 carat Krupp diamond ring; an antique diamond tiara; a Duchess of Windsor diamond brooch; a 69 carat pear shaped diamond; and the Grand Duchess of Russias emeralds. Sources have reported that the last time the jewelry collection was appraised about 15 years ago it was estimated to be worth $30 $40 million, but its surely even more valuable today given that a famous death tends to cause the celebritys things to skyrocket in value.<br /><br />Among the art to be sold is an 1889 Vincent van Gogh landscape that the actresss father bought for her in 1963. Years later she had to clear title to the painting when the heirs of a Jewish art collector sued Ms. Taylor, claiming that the painting was theirs because it had been sold only under extreme duress and should be returned to the family.<br /><br />So now I know what my husband can get me for my birthday this year any piece of Ms. Taylors jewelry will be just fine indeed.<br /><br />How Christies Nabbed Lizs Loot<br /><br />Who Will Inherit Elizabeth Taylors Estate?<br /><br />When Will Elizabeth Taylors Will Be Admitted to Probate?<br /><br />Update on Elizabeth Taylors Estate Actress Leaves Bequest to Ex Husband Larry Fortensky<br /><br />Elizabeth Taylor to Keep Van Gogh<br /><br />Famous Wills and Celebrity Estates Actors, Actresses and Musicians<br /><br />1 Carole Reed says:Hello,<br /><br />My name is Caole Reed and from the time I was 5 years old I was told I looked like Liz Taylor. I was staying with my aunt in west virginia and we had to go up a big hill to get the mail and the lady working there said you look just like Liz Taylor of course at tha time I did not know who she was. Years later owned 2 Merle Norman Stores in Ohio and and I had 7 manicuristes and there was a lady came in and she said you look just like Liz Taylor. I had no idea who she was so I went to my manicurists and I went to them and said who is LIz Taylor. They all stopped doing nails and said you do no know who she is I said no. I had to a magazine to check her out. I have had a wonderful time doing appearances all over the world I was in Germany and when I walked in the hotel the lady said hello Carole Reed. I also went to the hospital when Larry was in the one in San Juan Capistrano and they let me in to see Larry I was scarred to death I thought they would put me out but they didn I also was at Bverly Hills when Liz Taylor was introducing her new line of jewelry she came in a wheel chair and it took alot to help her get out of the chair. I was standing on the steps and she looked up at me and I knew she knew me because I also did a mock wedding with a Larry Forensky lookalike and I was on every channl on TV before I got home my daughter called and said mother you are on every channel on TV regarding he mock wedding. My heart is broken as we lost one of the most beautiful celebrity in the world. I was also in the Flintstone Movie in Vasquez Rocks as Liz Taylor and they transfered her features on me so I would look like her as she was of course not there. It has been a wonderful experience especially when y daughter called me on the cell phone and said mother you are on all channels.