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NET WORTH STAT.

5 Simple Steps


 

About

A net worth statement is simply a personal balance sheet. It shows where you stand financially. It provides a summary of your assets minus your liabilities. In other words, your personal net worth is calculated by listing all that you own, and then subtracting all that you owe to get a net number.

Determining your net worth is more than just knowing how much you have. It’s also an indicator of your financial health showing if your assets are increasing over time and at what rate.

A net worth statement is a tool to help you measure progress toward long-term financial goals. You may use one in different ways. It provides an inventory of your assets (what you own) and your liabilities or debts (what you owe).

Thus,a net worth statement is an important financial document. It is a ‘financial snapshot’ that shows your financial wealth at a given point in time. A net worth statement provides a useful summary of your financial affairs and can measure your financial well-being.

Benefits

Net worth calculation helps in determining how far you are from your long term financial goal and setting financial goals.
Net worth statement helps in making better informed decisions by giving clear picture of your financial well being.
Growing and tracking a positive net worth helps you qualify for loans and more attractive credit terms and keeps you on positive financial course.

Documents Required

ID Proof PAN card and Aadhar card

Audited/Actual Fiancial Last Actual Financial Statments

Other detail Our Expert Will Call if any more required Depends on Case to Case Basis

Proerty Details All Properties Complate Detail with Market Value

Loan Sanction Letter All Saction letter of Running Loans and there Present Outstanding Amount

Package Includes

Basic

1100

all inclusive fees

Net Worth Statement

21 Useful Legal Agreements/ letters Template

Frequently Asked Question

A net worth statement is simply a personal balance sheet. It shows where you stand financially.
Net worth is assets minus liabilities, and it's a snapshot of your overall financial health. It's important to track it over time so you can ensure that your wealth is moving in the right direction.
It provides a summary of your assets minus your liabilities.
You should not include an inheritance that you have not received yet. A lot of things can change between now and then so only count your assets on hand – not planned assets for the future.

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