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Click ‘Get Form’ to open the personal net worth statement in the editor.
Begin by entering your name, date, and residence address at the top of the form. Ensure that all contact information is accurate.
In the 'Personal Financial Statement' section, indicate the date and exclude any ownership interest in your business or personal residence when calculating your net worth.
Fill out the 'Assets' section by listing cash, savings accounts, retirement accounts, and other assets. Be sure to round amounts to the nearest dollar.
Next, complete the 'Liabilities' section by detailing any debts such as accounts payable and loans. This will help you calculate your total liabilities.
After filling in both sections, calculate your total assets and total liabilities. Subtract total liabilities from total assets to determine your net worth.
Finally, review all entries for accuracy before signing the affidavit at the end of the document.

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What does a net worth statement look like?

Simply put, a net worth statement is a list of your assets and liabilities and the difference between the two. Include assets such as money in your bank accounts, the value of your investment accounts (including 401(k), Roth IRA, taxable brokerage, and more), the price you paid for your home, and the value of your car.

What is the format of net worth statement for individual?

[Full Name], PAN: [PAN Number], residing at [Full Address], has a net worth of ₹[Amount in Figures] (Rupees [Amount in Words] Only) as on [Date], based on documents verified by us. This certificate is issued for [purpose, e.g., visa application to Canadian Embassy] at the request of Mr./Ms. [Name].

How to prepare a personal statement of net worth?

All you have to do is add up the value of your total assets (i.e., everything you own) and then subtract the value of your total liabilities (i.e., what you owe) to get your net worth number.

What does a personal net worth statement show?

Net Worth Calculation To do this, simply subtract the total amount of liabilities from the total amount of assets. This dollar number is your net worth and can be used to compare to past or future years net worth.

How to create a personal net worth statement?

How to set up a personal net worth statement. List your assets (what you own), estimate the value of each, and add up the total. Include items such as: List your liabilities (what you owe) and add up the outstanding balances. Subtract your liabilities from your assets to determine your personal net worth.

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