# Prepare a personal net worth statement (assets and liabilities)

A clear net worth statement listing what you own and owe, formatted for a loan, visa, estate, or financial planning review.

- Topic: Personal Life & Wellbeing
- Framework: Few-Shot
- Level: Standard
- Tags: Finance, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/prepare-a-personal-net-worth-statement-assets-and-liabilities

## Prompt

```text
Help me prepare a personal statement of assets and liabilities (net worth statement).

**What it's for:** [e.g. loan or mortgage application, visa or immigration file, estate planning, divorce disclosure, my own planning]
**As-of date:** [DATE]
**Currency:** [CURRENCY]
**Individual or joint:** [whose assets are included]
**Assets:** [cash and bank accounts, investments, retirement accounts, property, vehicles, business interests, money owed to me, valuable items, with values and how each was valued]
**Liabilities:** [mortgage, car loans, student loans, credit cards, personal loans, taxes owed, guarantees, with balances]

Steps:
1. Sort assets into liquid (cash, listed investments), long-term (retirement, property), and personal-use, and liabilities into current (due within 12 months) and long-term.
2. Note the valuation basis for each item (statement balance, recent appraisal, estimate) and flag estimates.
3. Match secured debts to the assets they're tied to (e.g. mortgage to home) so equity is clear.
4. Calculate total assets, total liabilities, and net worth. Show the math.
5. Flag anything commonly missed: contingent liabilities, co-signed loans, taxes on unrealized gains, jointly owned items.

Return:
- The statement as a table (category, description, ownership, value, valuation basis), with totals and net worth.
- A short notes section explaining estimates and assumptions.
- A list of supporting documents to attach for my stated purpose.

Use only the numbers I give; mark any gap [ADD AMOUNT]. Requirements for official filings vary, so I'll check the required format with the lender, agency, or a qualified adviser.
```

## What to fill in

- DATE
- CURRENCY
- whose assets are included
- ADD AMOUNT

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