Computing your net worth can be a very helpful exercise, especially if you want to get a sense of your overall financial situation.
The calculation of net worth is not as simple as it seems at first glance. In order to get an accurate reading, you need to understand what assets and liabilities are included in the computation.
Once you have computed your net worth, or the net worth of your aging family member , you will have a better understanding of where you stand financially. Then you will know what steps you may need to take in order to help your aging senior remain in their home or be placed in an alternative setting.
Follow the steps outlined in this article to calculate your net worth today!