In most families, only one of the spouses manages the finances. That’s certainly the case in my family. When that is the case, often times the spouse who does not manage the finances is unintentionally left in the dark.
Last year, my husband and I drafted an up to date will as both our children are now grown. In doing so, I told both our children that I would put the wills in a book with who to contact in the event their dad and I passed or became incapacitated at the same time. Yes, I know that’s kind of morbid, but I lost both my parents by the time I was in my early thirties.
My husband asked, if while I was putting the book together for the kids, that I also put our bills in it along with passwords, credit card information, banking accounts and anything else I thought he would need if for some reason such things fell to him. You guessed it; I’m the one who manages the finances for us.
So I did just that! You are welcome to download a copy of a blank Family Book below.
Tab 1 – Family Information
This section should include copies of your marriage certificate, birth certificates, social security cards, passports, driver’s licenses, etc. You may want to include any pertinent information as well, such as childhood diseases or medical information like immunizations, allergies, diagnoses and the like.
Tab 2 – Banking
This section lists all of your bank accounts; checking, savings, money markets, etc. You may also include a paper copy of a statement with account numbers and toll free numbers to call. This is also where you could list your credit cards and the numbers to call if lost or stolen.
Tab 3 – Bills
This section should have a paper copy of statements and how the bill is paid.
Tab 4 – Business / Business Interest
This section would contain any information about your business(es).
Tab 5 – Important Contacts
This section would included family members, friends, pastor, CPA, attorney, retirement contact and insurance agents, etc.
Tab 6 – Insurance
This section should contain a paper copy of your policies including life insurance, health insurance, etc. along with a contact phone number.
Tab 7 – Property
This section should list all types of property you own, particularly those you pay taxes on.
Tab 8 – Retirement Information
This section would contain a paper copy of all of your retirement accounts, including contact phone numbers.
Tab 9 – Wills
This section should contain your most current will(s).
Tab 10 – Funeral Information
This would section list (and have paper copies) of any burial polices, a list of pallbearers, songs you’d like as well as who you’d want to officiate, etc.
Tab 11 – Letters
This section is for any letters that you may want to write to the kids and/or each other.
Of course, you can pick and choose what tabs you’d like to use and you can add more or less detail to them all.
I hope you find this helpful.
Commit your work to the Lord, and your plans will be established. Proverbs 16:3 (ESV)