The contents of this balance sheet should reflect, as accurately as possible, your current financial situation, which is the information and location of your assets and liabilities as well as a summary to determine your net worth.
The personal balance sheet should be established to the best of your knowledge to avoid exaggerating or underestimating the value of your assets or liabilities. A realistic valuation of your assets will also make the tasks of your liquidator or your mandatary easier at the right moment.
The personal balance sheet is of critical importance to help the administrator of your property in case of illness or incapacity, or to facilitate the tasks of your liquidator for the settlement of your estate.
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