It’s a reminder that public promises that aren’t in writing are worthless. And another reminder to get your affairs in order before it’s too late. Otherwise, what you promised may not happen.
In 2007, Seattle-area art collector Barney A. Ebsworth publicly promised 65 major artworks to Seattle Art Museum — including Edward Hopper’s iconic “Chop Suey.” But this week, Ebsworth’s prized art collection is going up for auction at Christie’s. How did that happen?