STEP 1: ASSESS LIABILITIES |
Balance on Mortgage (including penalties and legal commissions and fees) |
$
|
Amount Required to Pay off Personal Debts (including credit cards, personal, tuition and car loans, etc.) |
$
|
Emergency Reserve Fund (including funding for extraordinary medical expenses and a reserve for emergency and unexpected expenses) (including credit cards, personal loans, tuition loans , car loans, etc.) |
$
|
Final Expenses (including income taxes, probate fees, lawyers' commissions and fees, accounting fees, other administrative commissions and fees and funeral costs) |
$
|
Immediate Cash Liabilities at Death |
$
|
|
CHILDRENS' EDUCATION FUND
|
Total Child Education Liability |
$
|
|
FUNDING FOR REPLACEMENT OF LOST INCOME
|
Total Lost Income Replacement Liability |
$
|
|
TOTAL LIABILITIES |
$
|