Get the free Sworn Statement of Assets, Liabilities and Net Worth - forestry denr gov

This document is required by R.A. 6713 for public officials and employees to declare their assets, liabilities, and net worth, including financial interests of their spouse and unmarried children under 18. It includes sections for both joint and separate filing.

How to fill out sworn statement of assets

How to fill out sworn statement of assets

1. Begin with the title 'Sworn Statement of Assets' at the top of the document.
2. Include your full legal name, address, and contact information.
3. State the purpose of the sworn statement clearly at the beginning.
4. Itemize all assets you own, such as real estate, vehicles, bank accounts, and investments.
5. For each asset, provide a description, estimated value, and location if applicable.
6. Include any liabilities, such as loans or debts, to provide a clear financial picture.
7. Ensure all information is accurate and complete to avoid legal issues.
8. Sign the document in the presence of a notary public or authorized official.
9. Include the date of signing and the notary's information for validation.

Who needs sworn statement of assets?

1. Individuals applying for loans or mortgages.
2. Public officials or candidates for public office to disclose their financial status.
3. Businesses requiring proof of assets for credit applications.
4. Participants in legal proceedings that require financial disclosures.

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What is sworn statement of assets?

A sworn statement of assets is a legal document wherein an individual declares their assets, liabilities, and net worth, usually under oath.

Who is required to file sworn statement of assets?

Generally, public officials, government employees, and individuals in certain positions of trust or responsibility are required to file a sworn statement of assets.

How to fill out sworn statement of assets?

To fill out a sworn statement of assets, an individual must provide details of all their assets, including property, bank accounts, investments, and debts, and then sign the document in front of an authorized official.

What is the purpose of sworn statement of assets?

The purpose of a sworn statement of assets is to promote transparency and accountability, helping to prevent corruption and conflicts of interest among officials and employees.

What information must be reported on sworn statement of assets?

The information that must be reported typically includes real estate, personal property, bank accounts, business interests, financial liabilities, and any other relevant assets.