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16/17 INVST2 / SINVST2INVESTMENT NET WORTH Student Name: (please print full legal name) Banner ID: 900 STATEMENT OF PARENTS INVESTMENT NET WORTH Please indicate below the net worth of your investments
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01
To fill out parents investment net worth, follow these steps:
02
Gather all relevant and accurate information about your parents' investments. This includes details of stocks, bonds, mutual funds, real estate properties, retirement accounts, savings accounts, etc.
03
Calculate the current market value of each investment. This can be done by checking recent statements, online accounts, or consulting with financial advisors.
04
Sum up the market values of all investments to determine the total investment net worth.
05
Make sure to provide precise and up-to-date information on the investment types and their corresponding values.
06
Double-check the accuracy of the filled-out details before submitting the parents' investment net worth form.

Who needs parents investment net worth?

01
Various individuals or entities may require parents' investment net worth for different purposes, including:
02
- Financial institutions: Banks, lenders, or mortgage providers may request this information to assess the parents' financial stability and repayment capacity when applying for loans or mortgages.
03
- Estate planners or lawyers: When conducting estate planning or drafting wills, knowing the investment net worth helps in determining asset distribution or tax planning strategies.
04
- Financial advisors: Advisors may use this information to provide appropriate investment or financial planning recommendations tailored to the parents' financial situation.
05
- Government agencies: Some government programs or benefits may require disclosure of investment net worth to determine eligibility or assess financial need.
06
- Potential business partners or investors: In business partnerships or investment opportunities, individuals may be interested in knowing the financial standing of the parents before committing to any financial arrangements.
07
- Individuals: Parents themselves may want to keep track of their investment net worth as part of their overall financial management and planning.
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Parents investment net worth is the total value of all investments owned by parents.
Parents are required to file their investment net worth if it meets the specified threshold.
Parents can fill out their investment net worth by listing all their investments and their respective values.
The purpose of parents investment net worth is to provide information on their financial assets.
Parents must report all their investments, including stocks, bonds, real estate, and other financial assets.
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