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Appendix I
How to Calculate Your Estate Tax Liability

1. Calculate the value of your gross estate (fair market value of assets at time of death): liquid assets, investments and other. For insurance, use face value amount of term and whole life insurance.
2. Determine adjusted gross estate. Subtract last expense deductions from gross estate: taxes, last illness and funeral expenses, debts, casualty losses and estate settlement costs.
3. Determine taxable estate. Subtract estate planning deductions from adjusted gross estate. Estate planning deductions include the fair market value of charitable contributions and the marital deduction, the amount left outright to the surviving spouse.
4. Calculate the tentative estate tax liability. Use the estate tax table. Find taxable estate amount. Calculate additional tax and add to amount in your taxable transfer range
5. Determine estate tax liability. Subtract unified credit if available. The unified credit is $220,550 equivalent to a taxable estate of $675,000
6. Determine estate tax liability. Subtract unified credit from tentative estate tax liability.

Table 1-1. Estate and Gift Tax Rate Schedules

1. Any competent adult may execute a document directing that, should the declarant have a terminal condition, life-sustaining procedures be withheld or withdrawn. Such living will shall be signed by the declarant in the presence of at least two competent adults who, at the time of the execution of the living will, to the best of their knowledge:
   1. are not related to the declarant by blood or marriage;
   2. would not be entitled to any portion of the estate of the declarant upon the declarant's decease under any testamentary will of the declarant, or codicil thereto, and
   3. would not be entitled to any such portion by operation of law under the rules of descent and distribution of this state at the time of the execution of the living will;
   4. are neither the attending physician nor an employee of the attending physician nor an employee of the hospital or skilled nursing facility in which the declarant is a patient;
   5. are not directly financially responsible for the declarant's medical care; and
   6. do not have a claim against any portion of the estate of the declarant.
2. The declaration shall be a document, separate and self-contained. Any declaration that constitutes an expression of the declarant's intent shall be honored, regardless of the form used or when executed. Declarations executed on or after March 28, 1986, shall be valid indefinitely unless revoked. A declaration similar to the following form or in substantially the form specified under prior law shall be presumed on its face to be valid and effective.

Living Will

Living will made this ___________ day of , ____________________________, ________(month, year).

I, ______________________________________________, being of sound mind, willfully and voluntarily make known my desire that my life shall not be prolonged under the circumstances set forth below and do declare:

1. If at any time I should (check each option desired):

( ) have a terminal condition,

( ) become in a coma with no reasonable expectation of regaining consciousness, or

( ) become in a persistent vegetative state with no reasonable expectation of regaining significant cognitive function,

as defined in and established in accordance with the procedures set forth in paragraphs (2), (9), and (13) of Code Section 31-32-2 of the Official Code of Georgia Annotated, I direct that the application of life-sustaining procedures to my body (check the option desired):

( ) including nourishment and hydration;

( ) including nourishment but not hydration, or

( ) excluding nourishment and hydration,

be withheld or withdrawn and that I be permitted to die;

2. In the absence of my ability to give directions regarding the use of such life-sustaining procedures, it is my intention that this living will shall be honored by my family and physician(s) as the final expression of my legal right to refuse medical or surgical treatment and accept the consequences from such refusal;

3. I understand that I may revoke this living will at any time;

4. I understand the full import of this living will, and I am at least 18 years of age, and am emotionally and mentally competent to make this living will; and

5. If I am a female and I have been diagnosed as pregnant, this living will shall have no force and effect unless the fetus is not viable and I indicate by initialing after this sentence that I want this living will to be carried out.
(Initial)

Signed: ___________________________________________________________

____________________________________ (Residence) ___________________ (City) and

____________________________________ (County), and _________________ (State)

I hereby witness this living will and attest that:

1. The declarant is personally known to me and I believe the declarant to be at least 18 years of age and of sound mind;

2. I am at least 18 years of age;

3. To the best of my knowledge, at the time of the execution of this living will, I:

A. Am not related to the declarant by blood or marriage;
B. Would not be entitled to any portion of the declarant's estate by any will or by operation of law under the rules of descent and distribution of this state;
C. Am not the attending physician of declarant or an employee of the attending physician or an employee of the hospital or skilled nursing facility in which the declarant is a patient;
D. Am not directly financially responsible for the declarant's medical care; and
E. Have no present claim against any portion of the estate of the declarant;

4. Declarant has signed this document in my presence as above instructed, on the date above first shown.

Witness ___________________________________________________________

Address ___________________________________________________________

Witness ___________________________________________________________

Address ___________________________________________________________

Additional witness required when living will is signed in a hospital or skilled nursing facility.

I hereby witness this living will and attest that I believe the declarant to be of sound mind and to have made this living will willingly and voluntarily.

Witness: ___________________________________________________________

Medical director of skilled nursing facility or staff physician not participating in care of the patient or chief of the hospital medical staff or staff physician or hospital designee not participating in care of the patient.

This is a replication of the Living Will form as found in the Georgia Code §31-32-3 as of March 17, 1999. It is provided to the people of Georgia for their education and information and is not intended as legal advice.

Please check with a lawyer to make sure the law has not changed or if you have any questions.

Eleanor M. Crosby, J.D., M.A., Georgia Senior Hot Line

1. The agent is authorized to consent to and authorize or refuse or to withhold or withdraw consent to, any and all types of medical care, treatment, or procedures relating to the physical or mental health of the principal, including any medication program, surgical procedures, life-sustaining or death-delaying treatment, or provision of nourishment and fluids for the principal, but not including psychosurgery, sterilization, or involuntary hospitalization or treatment covered by Title 37;
2. The agent is authorized to admit the principal to or discharge the principal from any and all types of hospitals, institutions, homes, residential or nursing facilities, treatment centers, and other health care institutions providing personal care or treatment for any type of physical or mental condition, but not including psychosurgery, sterilization, or involuntary hospitalization or treatment covered by Title 37;
3. The agent is authorized to contract for any and all types of health care services and facilities in the name of and on behalf of the principal and to bind the principal to pay for all such services and facilities, and the agent shall not be personally liable for any services or care contracted for on behalf of the principal;
4. At the principalÕs expense and subject to reasonable rules of the health care provider to prevent disruption of the principalÕs health care, the agent shall have the same right the principal has to examine and copy and consent to disclosure of all the principalÕs medical records that the agent deems relevant to the exercise of the agentÕs powers, whether the records relate to mental health or any other medical condition and whether they are in the possession of or maintained by any physician, psychiatrist, psychologist, therapist, hospital, nursing home, or other health care provider, notwithstanding the provisions of any statute or other rule of law to the contrary; and
5. The agent is authorized to direct that an autopsy of the principalÕs body be made; to make a disposition of any part or all of the principalÕs body pursuant to Article 6 of Chapter 5 of Title 44, the "Georgia Anatomical Gift Act," as now or hereafter amended; and to direct the disposition of the principalÕs remains.

Appendix IV
Financial Power of Attorney

County of __________________________
State of Georgia

I, ___________________________________________, (hereinafter "principal"), a resident of _________________________________ County, Georgia, do hereby constitute and appoint_________________________________ my true and lawful attorney-in-fact (hereinafter "Agent") for me and give such person the power(s) specified below to act in my name, place, and stead in any way which I, myself, could do if I were personally present with respect to the following matters:

Directions: To give the Agent the powers described in paragraphs 1 through 13, place your initials on the blank line at the end of each paragraph. If you DO NOT want to give a power to the Agent, strike through the paragraph or a line within the paragraph and place your initials beside the stricken paragraph or stricken line. The powers described in any paragraph not initialed or which has been struck through will not be conveyed to the Agent. Both the Principal and the Agent must sign their full names at the end of the last paragraph.)

1. Bank and Credit Union Transactions: To make, receive, sign, endorse, execute, acknowledge, deliver, and possess checks, drafts, bills of exchange, letters of credit, notes, stock certificates, withdrawal receipts and deposit instruments relating to accounts or deposits in, or certificates of deposit of banks, savings and loans, credit unions, or other institutions or associations. __________
2. Payment Transactions: To pay all sums of money, at any time or times, that may hereafter be owing by me upon any account, bill or exchange, check, draft, purchase, contract, note, or trade acceptance made, executed, endorsed, accepted, and delivered by me or for me in my name, by my Agent.
   ___________

3. Real Property Transactions: To lease, sell, mortgage, purchase, exchange, and acquire, and to agree, bargain, and contract for the lease, sale, purchase, exchange, and acquisition of, and to accept, take, receive, and possess any interest in real property whatsoever, on such terms and conditions, and under such covenants, as my Agent shall deem proper; and to maintain, repair, tear down, alter, rebuild, improve, manage, insure, move, rent, lease, sell, convey, subject to liens, mortgages, and security deeds, and in any way or manner deal with all or any part of any interest in real property whatsoever, including specifically, but without limitation, real property lying and being situate in the State of Georgia, under such terms and conditions, and under such covenants, as my Agent shall deem proper and may for all deferred payments accept purchase money notes payable to me and secured by mortgages or deeds to secure debt, and may from time to time collect and cancel any of said notes, mortgages, security interests, or deeds to secure debt. ___________
4. Personal Property Transactions: To lease, sell, mortgage, purchase, exchange, and acquire, and to agree, bargain, and contract for the lease, sale, purchase, exchange, and acquisition of, and to accept, take, receive, and possess any personal property whatsoever, tangible or intangible, or interest thereto, on such terms and conditions, and under such covenants, as my Agent shall deem proper; and to maintain, repair, improve, manage, insure, rent, lease, sell, convey, subject to liens or mortgages, or to take any other security interests in said property which are recognized under the Uniform Commercial Code as adopted at that time under the laws of Georgia or any applicable state, or otherwise hypothecate, and in any way or manner deal with all or any part of any real or personal property whatsoever, tangible or intangible, or any interest therein, that I own at the time of execution or may thereafter acquire, under such terms and conditions, and under such covenants, as my Agent shall deem proper. ___________
5. Stock and Bond Transactions: To purchase, sell, exchange, surrender, assign, redeem, vote at any meeting, or otherwise transfer any and all shares of stock, bonds, or other securities in any business, association, corporation, partnership, or other legal entity, whether private or public, now or hereafter belonging to me. ___________
6. Safe Deposits: To have free access at any time or times to any safe deposit box or vault to which I might have access. ___________
7. Borrowing: To borrow from time to time such sums of money as my Agent may deem proper and execute promissory notes, security deeds or agreements, financing statements, or other security instruments in such form as the lender may request and renew said notes and security instruments from time to time in whole or in part. ___________
8. Business Operating Transactions: To conduct, engage in, and otherwise transact the affairs of any and all lawful business ventures of whatever nature or kind that I may now or hereafter be involved in. ___________
9. Insurance Transactions: To exercise or perform any act, power, duty, right, or obligation, in regard to any contract of life, accident, health, disability, liability, or other type of insurance or any combination of insurance; and to procure new or additional contracts of insurance for me and to designate the beneficiary of same; provided, however, that my Agent cannot designate himself or herself as beneficiary of any such insurance contracts. ___________
10. Disputes and Proceedings: To commence, prosecute, discontinue, or defend all actions or other legal proceedings touching my property, real or personal, or any part thereof, or touching any matter in which I or my property, real or personal, may be in any way concerned. To defend, settle, adjust, make allowances, compound, submit to arbitration, and compromise all accounts, reckonings, claims, and demands whatsoever that now are, or hereafter shall be, pending between me and any person, firm, corporation, or other legal entity, in such manner and in all respects as my Agent shall deem proper. ___________
11. Hiring Representatives: To hire accountants, attorneys at law, consultants, clerks, physicians, nurses, agents, servants, workmen and others and to remove them, and to appoint others in their place, and to pay and allow the persons so employed such salaries, wages, or other remunerations, as my Agent shall deem proper. ___________
12. Tax, Social Security, and Unemployment: To prepare, to make elections, to execute and to file all tax, social security, unemployment insurance, and informational returns required by the laws of the United States or of any state or subdivision thereof, or of any foreign government; to prepare, to execute, and to file all other papers and instruments which the Agent shall think to be desirable or necessary for safeguarding of me against excess or illegal taxation or against penalties imposed for claimed violation of any law or other governmental regulation; and to pay, to compromise, or to contest or to apply for refunds in connection with any taxes or assessments for which I am or may be liable. ___________
13. Broad Powers: Without, in any way, limiting the foregoing, generally to do, execute, and perform any other act, deed, matter, or thing whatsoever, that should be done, executed, or performed, including, but not limited to, powers conferred by Code Section 53-12-232 of the Official Code of Georgia Annotated, or that in the opinion of my Agent, should be done, executed, or performed, for my benefit or the benefit of my property, real or personal, and in my name of every nature and kind whatsoever, as fully and effectually as I could do if personally present. ___________
14. Effective Date: This document will become effective upon the date of the PrincipalÕs signature unless the Principal indicates that it should become effective at a later date by completing the following, which is optional. ___________

1. My Agent shall receive no compensation for services rendered. ______________
2. My Agent shall receive reasonable compensation for services rendered. ______________
3. My Agent shall receive $__________________ for services rendered. ______________

I owe a duty of loyalty and good faith to the Principal, and must use the powers granted to me only for the benefit of the Principal.

I must keep the PrincipalÕs funds and other assets separate and apart from my funds and other assets and titled in the name of the Principal. I must not transfer title to any of the PrincipalÕs funds or other assets into my name alone. My name must not be added to the title of any funds or other assets of the Principal, unless I am specifically designated as Agent for the Principal in the title.

I must protect and conserve, and exercise prudence and caution in my dealings with, the PrincipalÕs funds and other assets.

I must keep a full and accurate record of my acts, receipts, and disbursements on behalf of the Principal, and be ready to account to the Principal for such acts, receipts, and disbursements at all times. I must provide an annual accounting to the Principal of my acts, receipts, and disbursements, and must furnish an accounting of such acts, receipts, and disbursements to the personal representative of the PrincipalÕs estate within 90 days after the date of death of the Principal.

I have read the Compensation of Agent paragraph in the Power of Attorney and agree to abide by it.

I acknowledge my authority to act on behalf of the Principal ceases at the death of the Principal.

___________________________________
(Address)

Note: A notarized signature is not required unless the Principal initialed paragraph 3 or paragraph 4 regarding property transactions.

I, ___________________________________, a Notary Public, do hereby certify that ___________________________________ personally appeared before me this date and acknowledge the due execution of the foregoing Acceptance of Appointment.

___________________________________
Notary Public

____ full name of deceased
____ date and place of birth
____ nationality
____ occupation
____ Social Security number
____ marital status
____ full name of parents, siblings, and other survivors of deceased (including mother's maiden name)
____ full name of previous marriage partner(s)

Make funeral arrangements with funeral director and clergy.

____ specify when family members will be available
____ select casket
____ select calling hours
____ choose cremation, body donation, memorial service and burial service
____ select transportation (number of cars, limousines)

Full expenses may include coffin, flowers, clergy, honorariums, newspaper notices, use of church, clothing, transportation, funeral home space rental, certified death transcripts, opening the grave, cemetery plot, grave marker and cremation.

____ specify when family members will arrive
____ plan service including hymns and poems
____ provide biographical information
____ ask his choice of time for services

____ locate and probate will*

____ advise you as to what to sign and what not to sign

____ re-record deeds to real property*

____ disperse estate assets such as stocks, bonds, savings accounts, business assets*

____ write a will for you or review and update your will

____ advise you

*Some choose to do this themselves

____ cash on hand

____ savings accounts

____ checking accounts

____ money market certificates

____ life insurance cash value

____ safe deposit boxes
____ brief cases
____ strong boxes
____ office desk
____ lockers
____ safes

Locate:

____ life insurance policies
____ accidental death and health insurance policies
____ homeowner insurance polices
____ bankbooks
____ notes receivable and notes payable
____ real estate deeds
____ security certificates
____ wills
____ income tax return forms
____ W-2 forms and other records of earnings
____ marriage certificate
____ Social Security number
____ birth certificates of all family members to prove ages
____ military discharge papers
____ Veterans Administration claim number
____ automobile registration
____ installment payment books

____ death certificate (need at least 15 copies from funeral director to claim insurance, Social Security and veterans benefits)
____ birth certificate
____ marriage certificate
____ Social Security card

7. Contact life insurance agents.

____ file a claim using death certificate or attending physician's statement for proof of death
____ supply information including policy number(s) and amount(s), full name and address of deceased, deceased's occupation and date last worked, date and place of birth, date, place and cause of death, claimant's name, age, address and Social Security number

Your settlement options are:

____ lump sum Ð you may immediately be paid a lump sum
____ interest only Ð principal stays intact, interest paid periodically; this is a good option temporarily while you decide what to do with the money
____ life income or annuity Ð beneficiary receives stipulated benefit on set dates for the lifetime of the claimant
____ fixed installments Ð benefits are paid in agreed amounts over a period of time until the money is used up

8. Contact your nearest Social Security office to apply for spouse and dependent benefits. Bring the following information:

____ certified copy of death certificate
____ deceased's Social Security number
____ proof of age of deceased
____ marriage certificate
____ approximate earnings of deceased in year of death
____ deceasedÕs employer's name
____ record of deceased's earnings in year prior to death (use W-2 forms or self employment tax return)
____ Social Security number of spouse and dependent children, proof of age of spouse and dependents (birth certificate, baptism, certificate or grade school records if no birth certificate)

Note: Railroad Worker Benefits are available to the beneficiary rather than Social Security benefits, if the person was employed more than 10 years.

For veterans benefits, you should contact the VA office and take along service discharge papers, serial number, branch and dates of service. Also, the death certificate, marriage certificate, and birth certificates of dependent children.

____ group life insurance
____ pension fund contributions
____ accrued vacation and sick pay
____ terminal pay allowance
____ gratuity payments (tips)
____ service recognition awards
____ unpaid commissions
____ disability income
____ credit union balance
____ check to see if you and other dependents are still eligible for hospitalization and health insurance

10. Contact organizations to which deceased belonged.

11. After property title changes are complete, contact the insurance company that insures your property to inform them of changes in ownership.

12. Notify state and federal tax authorities.

13. Notify anyone connected with family finances such as attorney, insurance agent, banker, stockbroker, accountant or financial planner.

14. Gather and list all current bills deceased owes and money owed deceased.

Losing a loved one is one of the most stressful experiences of life! You can ease this difficult time in advance by preparing a will and a list of the locations for all financial and professional resource information.

Prepared by Esther M. Maddux, Extension Financial Management Specialist
Reviewed and edited by Wanda W. O'Callaghan, Fran Carmichael
March 1999

Appendix VI
Household Records: What to Keep and Where

Are your household records in order? If not, now is a good time to get organized. Record keeping isn't a well-liked task but can save you frustration, wasted time and financial loss.

Why Keep Records?

Organized records can mean the difference in financial gain or loss. Your personal finances are like a mini-business and deserve to be operated efficiently. You need organized records for the following reasons.

1. So your spouse, your children or your executor will have easy access to information needed to settle your estate if something happens to you. Then your heirs can claim benefits rightly theirs and avoid long waits.
2. So you can readily prove fire or theft losses and thus save time and money in processing your insurance claims
3. To provide proof of transactions
4. So you or other family members can find documents on short notice in case of an accident, illness or other emergency
5. To prove value, payment and cost of ownership
6. To provide a summary of your financial situation to aid in financial planning, preparation of estate plans, net worth statements, investment and retirement plans
7. For protection in case official records are destroyed
8. In a divorce, to prove which is separate and joint property
9. To prove ownership in a lawsuit or a fight over the inheritance of property
10. For income tax preparation. They can help save money on taxes, and may be needed during a tax audit.

This record-keeping guide can help you develop a personalized and efficient system for organizing and safeguarding important family papers. Also, use it as a guide for deciding what items to keep, the reason for keeping them, how long you need to keep them, and where they should be kept.

How to Organize Your Home Filing System

An organized filing system is essential to good record keeping. Just tossing receipts in a drawer or shoebox isnÕt always enough. An organized home bill-paying center will help you manage your family financial matters better. Keep all of your family records and business correspondence in one location. Have a specific place to keep bills until they are paid.

The bill-paying center may be elaborate or simple. The type doesn't matter as long as you can find what you need when you need it. Here are some items to keep in your bill-paying center that will make bill paying easier:

You must keep records so that you can prepare a complete and accurate income tax return. The law does not require any special form of records. However, you should keep all receipts, canceled checks or other proof of payment, and documentation to support any deductions or credits you claim.

If you file a claim for refund, you must be able to prove by your records that you have overpaid your tax (IRS 1999, p.19).

You must keep your records for as long as they are important for the federal tax law. Keep records that support an item of income or a deduction appearing on a return until the period of limitations for the return runs out. A period of limitations is the limited period of time after which no legal action can be brought. For assessment or collection of tax you owe, this is three years from the date you filed the return. For filing a claim for credit or refund, this is three years from the date you filed the original return or two years from the date you paid the tax, whichever is later. Returns filed before the due date are treated as filed on the due date.

If you did not report income that you should have reported on your return, and it is more than 25 percent of the income shown on the return, the period of limitations does not run out until six years after you filed the return. If a return is false or fraudulent with intent to evade tax, or if no return is filed, an action can generally be brought at any time.

In real property transactions, the basis of new or replacement property may depend on the basis of the old property. Keep the records of transactions relating to the basis of property for as long as they are important in figuring the basis of the original or replacement property.

You should keep copies of tax returns you have filed and the tax return documentation as part of your records. They may be helpful in amending filed returns or preparing futures ones.

1. Records that need to be kept in a safe deposit box or fireproof strong box
2. Current financial records that you keep at home
3. Permanent records that you keep at home
4. Records to carry with you

Certain records are difficult or impossible to replace. Keep them in a safe deposit box at a financial institution or at home in a fireproof box. You need to keep things like your car title, birth certificate, marriage certificate and will in your safe deposit box.

File current records in a metal file cabinet, accordion file or cardboard box. Choose a location to store your financial records that is convenient and easily located; a work place nearby is ideal.

At the end of your record-keeping year, clear your current files. Throw away items that are no longer of any value, such as sales receipts for groceries. Move important papers to your permanent file. A good time to clean your files is when you prepare your income tax return. As you look for tax items, throw away items you no longer need and transfer items you may need in the future to your permanent files. Keep items such as tax returns and bank statements.

Certain records need to be with you at all times. You need to carry records such as credit cards, driverÕs license and insurance card with you in your wallet. Your insurance card and emergency information in case of an accident can be placed in a storage compartment in your car.

* An explanation of each record follows this table.

Records to Keep in Safe Deposit Box or Fireproof Strong Box

Records to Keep at Home

Records to Carry With You

* Keep anything you can't replace or would be costly or troublesome to replace in your safe deposit box. Keep list of safe deposit box contents at home.

Summary

Take time to organize your household records now. You can save frustration, wasted time and financial loss in the future. Develop a system that works for you so you can safeguard your important papers. Organize a record-keeping system so you know what to keep, where to keep it and how long.

Resources Available

The Internal Revenue Service has free publications that you can order or view online.

• 17 Your Federal Income Tax (For Individuals)
• 508 Educational Expenses
• 551 Basis of Assets
• 552 Recordkeeping for Individuals

To order by phone, call 1-800-TAX-FORM (1-800-829-3676); online, visit www.irs.ustreas.gov.

Reference

• Internal Revenue Service. (1999). 1998 tax guide for individuals (Publication 17). Washington, D.C.

Acknowledgments

The author expresses special thanks to the following people who reviewed the manuscript and shared their suggestions: Ms. Betty Beaver, Internal Revenue Service; Dr. Nayda Torres, The University of Florida Cooperative Extension Service; and Mrs. Rose Simmons, Georgia Cooperative Extension Service.

Prepared by Esther M. Maddux, Ph.D., C.F.P., Extension Financial Management Specialist

Appendix VII
Financial Record Book

Instructions

The "Financial Record Book" provides a ready reference to your current financial situation. It should be placed in a convenient location. Let someone you trust Ñ a family member, your attorney, banker or executor Ñ know where it is in case of an emergency or death. Update it periodically to reflect any important changes.

If you need more spaces, duplicate the pages. You may want to start a financial notebook. A loose-leaf notebook would allow you to add pages as needed in certain sections. Use pencils so that forms can be easily updated. You may want to give a copy of a completed book to someone you trust so he or she will have it in case of an emergency.

Personal and Family Information

Professional and Personal Advisers*

*Many of these may not apply to your situation. The number of advisers you have will vary according to your financial situation and your stage in the family life cycle.

Where Are the Following Important Records?

List the location of these documents.

Sources of Income

* Choose one of these columns to reflect the amount of your income. You only have to fill in one of the income sources.

Determine Income

To find out what portion of gross pay is used for deductions, divide your deductions by gross pay and multiply by 100.

If your total deductions are $529.85 and your gross pay is $1,541.67, then 34.4% of your income goes for deductions and 65.6% or $1,011.82 is available to spend or save.

Paycheck Planning Sheet

This worksheet allows you to compare income and expenses as well as plan for the next pay period. Place the amount of income you have available for family living expenses at the top of the first "spent" column beside amount of check. Place the amount of your expenses beside each expense, under the "spent" column. Then you use the "plan" column to make adjustments for the next pay period.

Cash Flow Worksheet

Seasonal Expenses

Debts/Liabilities

Loans (Mortgages, car loan, installment debts, personal loans, life insurance loans, charge accounts, credit cards, taxes, notes payable, accounts payable, interest payable)

* Name of Borrowers Ð You, Your Spouse, You and Co-signer, Other (Specify)

Life Insurance

Disability Insurance

Dental Insurance

Health Insurance

Homeowner's/Renter's Insurance

Automobile Insurance