The THREE A's - Attorney, Accountant and Auctioneer
Learn the ABC's by following the Three A's rule with estate planning.
You can save a lot of money and potential chaos and hard feelings among those closest to you by preplanning how you want your assets managed when you are incapacitated, and how your property will be divided at your death.
Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries, often including paying the least amount of taxes and avoiding or minimizing probate court involvement. Additional goals typically include providing for and designating guardians for minor children and planning for incapacity.
Estate planning is something none of us really want to deal with but its importance cannot be under estimated.You can delay the dentist or paying the water bill but delaying the planning of your estate can have devastating consequences for your family.
To get yourself and your family on the right track for the inevitable will require the three A's. An attorney, accountant and auctioneer.
WHY AN ATTORNEY?
WHY AN ACCOUNTANT?
WHY AN AUCTIONEER?
In today's world, families can be separated by unmeasured miles, making it very difficult to meet and settle the estate. In many cases, it can be overwhelming for the family and sometimes just a down right disaster. For many families, estate dispersal is a first-time thing for them. They are not educated in the marketing of assets and have many uncertainties. Through the auction advantage of marketing, we can sell your assets of personal property and real estate for top dollar in just one day. Let the auction experts take care of your every need!
MORE INFORMATION RELATED TO THIS SUBJECT
Powers of Attorney
In Michigan, you can sign a durable power of attorney to appoint someone to handle your assets if you become incapacitated. At a minimum, a power of attorney should include the power to:
You don't need to transfer any assets at the time you sign a power of attorney, but it's a good idea to keep the person you've chosen informed about your ongoing financial matters.
You can also appoint a Durable Power of Attorney for Health Care to make health care decisions for you when you're unable to do so yourself. This person can provide informed consent for treatment, or even refuse treatment for you.
Copyright © 2000-2008
This site is dedicated to the auction method of marketing and appraisal services throughout metro Detroit, Ann Arbor and the entire the state of Michigan by auctioneer Ken Lindsay of American Eagle Auction & Appraisal Company.
Contact us today for your Michigan auction, auctioneer, estate sale and appraisal needs. Anywhere around the globe!
(248) 473-1547 24 hrs.
Specializing in the auction method of marketing real estate and personal property.