In this case, the cash flow and net worth statement
would show a start date of January 1 and an end date of December 31, of the previous year.
Once you have made a net worth statement
(assets minus liabilities), consult an estate-planning professional--not an insurance representative.
All investment income however, is automatically calculated based upon the asset values and the income percentages that are entered in the net worth statement
This process typically involves income verification such as Form W-2 or tax returns, net worth statements
, or third-party confirmation from a CPA or other source.
The vetting process by condo managers and owners of these individuals renting these condos is particularly cumbersome, time consuming and normally requires the receipt of two years tax returns, net worth statements
, bank statements and a credit report.