Get the free STATEMENT OF ASSETS - PARENT

Edu/eaeo Santa Fe College Financial Aid Office 3000 NW 83rd Street Bldg R Room 122 Gainesville FL 32606-6210 Phone 352 395-5480 Fax 352 381-7050 http //www. I understand that if I purposefully give false or misleading information on this form I may be fined sentenced to jail or both. Please be advised that your asset information must be correct as of the date you signed your student s original 2016-2017 FAFSA. FINANCIAL AID OFFICE 2016-2017 Verification STATEMENT OF ASSETS - PARENT Student...

How to fill out statement of assets

How to fill out statement of assets

1. Read the instructions carefully to understand the requirements for the statement of assets.
2. Gather all necessary financial documents such as bank statements, investment statements, real estate documents, and any other proof of assets you may have.
3. Organize the documents in a systematic manner so that it is easy to refer to them while filling out the statement.
4. Start filling out the statement by providing personal information such as your name, address, and contact details.
5. List all of your financial assets including cash, checking and savings accounts, investments, stocks, bonds, real estate, vehicles, etc.
6. Provide details of each asset including the current value, account numbers, and any other relevant information.
7. Include any liabilities or debts that you have such as mortgages, loans, credit card debt, etc.
8. Calculate the total value of your assets and liabilities separately.
9. Fill in additional information as required, such as any joint ownership or beneficiaries of your assets.
10. Review the completed statement for accuracy and ensure that all necessary information has been provided.
11. Sign the statement and date it to make it legally binding.
12. Make copies of the statement for your records and submit the original as required.

Who needs statement of assets?

1. Individuals who are going through a divorce or separation may need to fill out a statement of assets to determine the division of property.
2. People applying for loans or mortgages often need to provide a statement of assets to demonstrate their financial stability and ability to repay the loan.
3. Inheritance or estate planning may require individuals to prepare a statement of assets to determine the value of the estate and distribute assets to beneficiaries.
4. Business owners or entrepreneurs may need to provide a statement of assets when applying for funding or seeking partnerships.
5. Individuals involved in legal matters such as a lawsuit or settlement may be required to submit a statement of assets for disclosure purposes.
6. Government agencies or organizations may request a statement of assets for tax purposes or to determine eligibility for certain benefits or assistance.

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