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A net worth statement is typically presented in the following circumstances:

1. Personal Financial Planning: It's a key tool for understanding one's current financial situation, identifying areas for improvement, and setting realistic financial goals.

2. Loan Applications: Lenders may request a net worth statement to assess an applicant's ability to repay a loan and to make informed decisions about loan terms.

3. Retirement Planning: It helps individuals determine how much they need to save and invest to achieve their desired retirement lifestyle.

4. Investment Management: A net worth statement provides a clear picture of an individual's financial position, which is crucial for managing investments.

5. Tracking Financial Progress: Regularly updating a net worth statement can help track financial progress over time.

6. Divorce Proceedings: In some cases, a net worth statement may be required to list all assets and debts as part of the legal process.

Creating and analyzing a net worth statement can be beneficial even if you're not currently looking to borrow money or plan for retirement, as it gives insight into your overall financial health.