Personal Financial Statements
Ideally, everyone should have a personal financial statement so that an individual can back important financial decisions. It is especially imperative for high net worth individuals to support their critical decisions.
Our services include:
- Assessment of the cash and cash equivalent
- Compilation of current assets, such as real estate, receivables and other personal property
- Identification of all liabilities, such as notes due to banks, relatives & friends, and rent, mortgages & liens payable
- Estimation of annual income and expenses
- Identification of any contingent liabilities
- Preparation of cash in different bank accounts
- List of life insurance policies and securities, such as stocks & bonds owned
- Assistance with bank reconciliation and other financial activities
