Get Personal Net Worth Statement - Charlotte - Charmeck

The Personal Net Worth Statement is a vital document for individuals seeking Small Business Enterprise certification. This guide will provide clear and user-friendly instructions on how to accurately complete the form online.

Follow the steps to successfully complete the Personal Net Worth Statement.

1. Click the ‘Get Form’ button to obtain the Personal Net Worth Statement and open it in your preferred online editor.
2. Begin by entering your personal information, including your name, residential address, phone number, email, and business name. Ensure each field is filled out accurately.
3. In the assets section, provide information on all real estate owned. List the residential home and any other properties along with their estimated market values.
4. Proceed to the personal property section by including details about all automobiles, other vehicles, jewelry, household items, and any additional assets. Record the estimated values for each.
5. Continue to the investments section, where you must report on retirement accounts, stocks, bonds, mutual funds, and ownership in businesses. Provide the estimated current values for each of these assets.
6. In the liabilities section, list any outstanding debts. This includes mortgages, automobile loans, accounts payable, installment accounts, unpaid taxes, and any other liabilities. Make sure to note the principal balances.
7. Add up all assets to calculate total assets and all liabilities to find total liabilities. This will allow you to determine your total net worth by subtracting total liabilities from total assets.
8. Complete the program exclusions section with information regarding retirement accounts, ownership in the applicant business, and eligible equity in your residential home.
9. Fill out Schedule A and Schedule B if applicable, providing additional details on any real estate or other personal property owned.
10. Finally, review the entire document for accuracy, sign, date it, and submit your completed form as required. You may save changes, download, print, or share the form.

Complete your Personal Net Worth Statement online today to ensure a smooth certification process.