| Immediate expenses and Post-Secondary Education Funding |
Amount |
| A- |
Final Expenses
For example, funeral costs |
|
|
$ |
| B- |
Financial Obligations
Debts that your estate will have to honor, for example mortgages, outstanding loans, credit card balances, income taxes, etc. (include legal and accounting fees required to settle your estate) |
|
$ |
| C- |
Education Fund
Amount required today to fund your children's post-secondary education |
|
|
$ |
| Your Family's Monthly Income Needs |
| D- |
Monthly Housing Expenses
Rent, property taxes, utilities, maintenance, furnishings and supplies |
|
$ /Month |
| E- |
Monthly Living Expenses
Food, clothing, childcare, telephone, car expenses, etc. |
|
$ /Month |
Assets |
| Your Estate's Value |
| F1- |
Your current Life Insurance Coverage
Total amount of Life Insurance coverage in force |
|
$ |
| F2- |
Your Spouse's current Life Insurance Coverage
Total amount of Life Insurance coverage in force |
|
$ |
| G- |
Your investments
Equity available to pay your debts and expenses, made up of savings, real estate (excluding the family home), RRSP's and other investments such as mutual funds, stocks, bonds and GIC's |
|
$ |
| Your Family's Net Income |
| H1- |
Your Monthly After-Tax Income |
|
$ /Month |
| H2- |
Your Spouse's Monthly After-Tax Income |
|
$ /Month |
| I- |
Other Income |
|
$ /Month |
Period Required |
| Years of protection for your family |
| J- |
For how many years would you like to provide an income for your loved ones?
(Enter a number between 1 and 99) |
|
|
