Asset auctions sell company-owned assets, often as part of a liquidation or to remove excess inventory. They can also be used to sell assets no longer needed, or by corporate raiders to dismantle a business. Auctions can yield higher returns and attract interested buyers. Asset auctions are auctions that deal specifically with the sale of […]
Commercial banks create balance sheets that list their assets, including cash, securities, and loans. Cash is the most liquid asset and often invested in market securities. Loans represent long-term assets, with toxic assets being those that no longer earn interest payments. The health of a commercial bank is often determined by its balance sheet. The […]
Fixed income instruments provide regular income payments over time, usually in the form of debt securities like bonds. Retirees often use them for supplemental income. Bonds are a form of debt where a creditor loans money to the issuer and charges interest. Preferred stocks pay fixed dividends, but their value fluctuates. Investors face risks of […]
Probate assets are assets not bequeathed to a beneficiary and require probate court to transfer ownership to next of kin. This includes insurance policies, bank accounts, and co-owned property. Personal property and retirement funds also require probate action. Non-probate assets, such as trust accounts, do not require probate. It is important to consult legal professionals […]
Hidden assets, such as stocks, bonds, and bank accounts, are often created to provide financial security and can be difficult to discover. Old tax returns, financial statements, ATM activity, and credit reports can be used to locate and recover hidden assets, which may be important in divorce or business partnership dissolution. Hidden assets are financial […]
The Office of Foreign Assets Control (OFAC) is a part of the US Department of the Treasury, originally created to prevent Nazi use of occupied countries’ currency and bond holdings. Today, it develops programs to fight modern threats such as rogue regimes, drug traffickers, and terrorists, imposing trade sanctions or freezing bank accounts. Violators can […]
Tangible net heritage is the sum of tangible assets minus liabilities and intangible assets. It is important for individuals and businesses when applying for loans or credits, but the value can fluctuate over time. Lenders may require personal assets as collateral if a business does not have significant tangible assets. Tangible net heritage is a […]
Tangible assets are physical, while intangible assets include concepts and brand reputation. Intangible assets are the most valuable but difficult to value. Counters use methods like comparing revenue to determine the value of intangible assets. Each individual and company generally has certain tangible and intangible assets, and these generally combine to estimate the general value […]
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