Plan has art as a significant asset. It has been appraised regularly. Owner passed away and spouse wants to buy the art then take the distribution and roll it over. Is there any way this can be done without it being a PT?

Is the desire for the art enough that the would-be buyer would pay for some professional help to apply for a prohibited-transaction exemption and negotiate the plan's sale of its property?

I detect a scent of an ongoing pt. By any chance was the art hanging or on display in "someone's" home or office? If so, you may not wish to show your cards to the DOL. Just take the art as a distribution in kind, pay the tax and move on.