Get the free 2014-2015 Asset Clarification Worksheet

Office of Financial Aid 315 Turnpike Street North Andover, MA 01845 Phone: 978-837-5186 Fax: 978-837-5067 e-mail: financial aid Merrimack.edu www.merrimack.edu/aid 2014-2015 Asset Clarification Worksheet

How to fill out 2014-2015 asset clarification worksheet

How to fill out 2014-2015 asset clarification worksheet:

1. Begin by gathering all the necessary financial information for the 2014-2015 period. This may include bank statements, investment statements, and any other relevant documents.
2. Start by filling out your personal information section on the worksheet. This includes your name, address, Social Security number, and other identifying details.
3. Proceed to the asset section of the worksheet. Here, you will need to provide information on each of your assets, such as bank accounts, stocks, bonds, real estate, and any other valuable possessions.
4. For each asset, fill in the requested information, including the type of asset, its current value, and any debts or liabilities associated with it.
5. Ensure that you provide accurate and up-to-date information for each asset. It may be helpful to refer to your financial statements or consult with a financial advisor if unsure about any of the details.
6. If you have any additional assets or liabilities that are not listed on the worksheet, make a note of them separately and attach them to the completed worksheet.
7. Once you have filled out the asset section, review all the information to ensure accuracy and completeness. Double-check any calculations and verify that no entries have been omitted.
8. After completing the asset section, move on to the liability section of the worksheet. Here, you will need to provide details on any debts or liabilities you may have, such as mortgages, loans, credit card debts, or any other financial obligations.
9. Fill in the requested information for each liability, including the type of liability, the outstanding balance, and any other relevant details.
10. Review and verify the accuracy of the liability section, just as you did with the asset section.
11. Finally, sign and date the worksheet to certify that all the information provided is true and accurate to the best of your knowledge.
12. Submit the completed 2014-2015 asset clarification worksheet to the appropriate party or organization that has requested it.

Who needs 2014-2015 asset clarification worksheet?

1. Individuals who are applying for financial aid for the 2014-2015 academic year may need to fill out the worksheet to provide detailed information about their assets and liabilities.
2. Some scholarship programs or institutions may also require applicants to complete the asset clarification worksheet to assess their financial need and eligibility.
3. It may be necessary for individuals who are undergoing a divorce or separation to fill out the worksheet to provide an accurate picture of their financial situation.
4. Financial institutions or lenders might ask applicants to complete the asset clarification worksheet as part of the loan application process to evaluate their financial stability and creditworthiness.
5. Individuals who are preparing their tax returns for the 2014-2015 tax year may need to fill out the worksheet to gather all the necessary information for reporting their assets and liabilities.

For pdfFiller’s FAQs

What is asset clarification worksheet?

Asset clarification worksheet is a document that provides a detailed inventory of an individual's assets.

Who is required to file asset clarification worksheet?

Individuals who have been requested to do so by the relevant authorities are required to file asset clarification worksheet.

How to fill out asset clarification worksheet?

Asset clarification worksheet can be filled out by listing each asset category and providing detailed information about each asset.

What is the purpose of asset clarification worksheet?

The purpose of asset clarification worksheet is to ensure transparency and accountability in reporting an individual's assets.

What information must be reported on asset clarification worksheet?

Information such as property, investments, bank accounts, vehicles, and other valuable assets must be reported on asset clarification worksheet.

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