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Another term often used to refer to family wealth is
Current Liabilities
Obligations or debts that a company must pay within a year, including accounts payable, short-term loans, and accrued expenses.
Balance Sheet
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.
Probable Contingencies
Potential liabilities that are likely to occur as a result of past events, and their financial impacts can be reasonably estimated.
Outcome Estimates
Predictions or projections of the financial results and conditions based on current trends, economic conditions, and known variables.
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