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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Thursday, May 19, 2005

Protect Your Assets With Personal Liability Insurance
Standard homeowners, renters, and auto insurance policies protect policyholders against certain types of personal liability. However, in today’s litigious society, this basic coverage is often not enough to protect your assets from a devastating lawsuit that may result should you, a member of your household, or even a pet accidentally injure someone or damage someone’s property. That is why the Michigan Association of CPAs recommends that you have personal liability insurance....-MORE-
MACPA

3 Comments:

Blogger Time Freedom Fighter said...

last willsWhatever the law states where you reside will be the outcome of your estate if you pass without a will in this country. Your will needs to have a few basic considerations and will need the supervision of an attorney to make it legit.

10:06 PM  
Blogger Time Freedom Fighter said...

living wills formA living will is very important to write before you become ill or pass away; this will prevent your family from fueding over you assets after you are gone. A living will is a legal document in which you state the kind of health care you want or do not want when a life threaening situation has occured.

10:39 AM  
Blogger Time Freedom Fighter said...

living wills and trustWithout a will is also referred to as intestate; this means the state law will determine thebeneficiaries of your estate. A legal living will is to be respected by the family members of the dying individual, regardless of whether the family approves or disapproves of the decisions made. Most people decide to end their marriages without seeking professional help.

1:12 PM  

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