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Nielson, Hoover & Company, Inc. PERSONAL FINANCIAL STATEMENT www.nasbp.org/toolkit15050 NW 79th Court Ste. 200 Miami Lakes FL 33016 Phone: 305.722.2663 Fax: 305.558.9650 Web: http://www.nielsonbonds.comDate
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01
Gather all necessary financial documents including bank statements, investment accounts, mortgage statements, etc.
02
List all your assets such as real estate, vehicles, savings accounts, retirement accounts, etc.
03
List all your liabilities such as mortgages, car loans, student loans, credit card debts, etc.
04
Calculate your total assets and total liabilities.
05
Calculate your net worth by subtracting total liabilities from total assets.
06
Fill out the form accurately, including all the required information and signatures.

Who needs personal-financial-statement?

01
Lenders may require a personal financial statement when applying for a loan.
02
Investors may ask for a personal financial statement before investing in a business.
03
Individuals managing their finances may find it useful to track their assets and liabilities.
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A personal financial statement is a document that outlines an individual's financial position at a specific point in time.
Certain individuals such as government officials, employees in sensitive positions, and candidates for public office are required to file a personal financial statement.
To fill out a personal financial statement, individuals typically need to provide information about their assets, liabilities, income, and expenses.
The purpose of a personal financial statement is to provide transparency and accountability regarding an individual's financial situation.
Information such as assets, liabilities, income sources, business interests, and additional sources of income must be reported on a personal financial statement.
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