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Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people ...
If so, you should consider retaining your own private attorney to examine your assets and liabilities ... unprotected assets into a protected form (depending on the state). They may also help ...
The left column of the account form balance sheet lists assets, while the right column lists liabilities and equity. Naturally, the last line in each column lists the total value of all assets and ...
Net worth is the value of your assets, which is basically everything you own, such as your retirement savings and real estate, minus your liabilities — the total of everything you owe.
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