What should you do before you complete your net worth statement?(1 point) Responses Redistribute the investments in your retirement account. Redistribute the investments in your retirement account. Decide what, if anything, you are going to leave to your children in your will. Decide what, if anything, you are going to leave to your children in your will. Complete your income statement. Complete your income statement. Determine or estimate the current value of everything you own.

Answer 1

Before you complete your net worth statement, the most appropriate action is to determine or estimate the current value of everything you own. This will provide you with an accurate picture of your assets, which is essential for calculating your net worth.