How to cut down a palm tree?

Palm tree is guessed at 20 feet tall. In close proximity to house (5-8feet) and neighboring fences(5-8feet). I need to get rid of it and I want to do it myself with help from neighbors//friends. Where do we start and how do we finish? Should we cut off all of the fans before we attempt anything? What should we use to get the main trunk out? What do we do to the roots; do we grind or do we remove?