There is no shortage of researchers and educators who tell us that art is good for our health and well-being, our quality of life, and as a means for understanding ourselves and others. Where too many people come up short is paying to get into art museums—$25 at the Boston's Museum of Fine Arts and…

"This is the death of fractional gifts," Manhattan art assets advisor Ralph E. Lerner told the New York Times in 2006, just a few weeks after Congress enacted the Pension Protection Act, which (among other provisions) placed certain limits on the length of time that collectors may take deductions…