Templates
Wealth Management
Personal Assets and Liabilities Template
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Personal Assets and Liabilities Template

Manage and assess your financial health with our comprehensive Personal Assets and Liabilities Template, providing an accurate calculation of net worth.
1
Identify all personal assets
2
Record each asset's purchase price and date
3
Determine the current market value of each asset
4
Identify all personal liabilities
5
Document each liability's initial amount and date incurred
6
Calculate the current amount owed for each liability
7
Collate documents supporting the value of the assets
8
Collate documents supporting the value of the liabilities
9
Create a spreadsheet to track all personal assets
10
Update the spreadsheet with the details of all liabilities
11
Factor in all the asset and liability documentation information into the spreadsheet
12
Calculate the total value of all assets
13
Calculate the total value of all liabilities
14
Subtract total liabilities from total assets to calculate net worth
15
Review accuracy of all financial data entered into the spreadsheet
16
Approval: Personal Assets and Liabilities document
17
Edit the document based on any feedback from the approval process
18
Finalize and save the Personal Assets and Liabilities Template
19
Print and store the finalized document in a secure place