The balance sheet is also known as a net worth statement. The value of a company's equity equals the difference between the value of total assets and total liabilities.
You have to provide names, dates of birth and current addresses for you, your spouse and your children. You also need to provide information about your job title and the name of your employer as well as your spouse's job title and employer's name. You MUST provide the MONTHLY amount for the expenses.
Who needs the New York Supreme Court Net Worth Statement Form? Individuals going through divorce proceedings need this form to disclose their financial status. Lawyers handling family law cases utilize this form during court proceedings. Tax preparers may require this form for accurate financial reporting.
Your Net Worth Statement should include assets or debts that are yours alone (I-Individual), assets or debts that are jointly (J-Joint) held by you and a spouse or significant other, assets or debts that are held by a spouse or significant other (S-Spouse or Significant Other) that you enjoy the benefits of or make ...
This affidavit is known as the Statement of Net Worth and it's the most important document you will complete in your New York divorce. In this document you will disclose your income, assets, expenses, and outstanding debts. This document is a sworn statement, so it is very important that it is complete and accurate.