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A Statement of Net Worth is a crucial document in a New York divorce, providing a detailed overview of each spouse's financial situation. It is a requirement in all New York divorce cases and is essential in determining the division of marital assets, spousal support, and child support. The document includes a list of assets, liabilities, income, and expenses. To complete a Statement of Net Worth, gather necessary financial documents, complete the form, sign and notarize the form, and attach supporting documents.
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