If something happened to you tomorrow, could your family find your money? Not whether you have enough — whether the people you leave it to could locate it, claim it, and keep the household running while they tried.
Five questions cannot tell you much. The workbook asks about every account you own and works out the rest — including the one number most people get wrong.
The workbook does the rest
It asks about every account you own, not five questions — and works out the number most people get wrong.
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If Something Happens to Me
The Family Financial Emergency File — a seven-tab workbook you fill in once and review once a year. It scores how ready your family would be, and flags every account where the nominee is not the person you intend to inherit it.
Download the workbook
Free, no email required. Clicking "Get the workbook" above starts this automatically — or grab it directly any time below.
📊 Excel (.xlsx) · 43 KB🔒 No macros✅ Works in Excel, LibreOffice, Google Sheets, Numbers
The mistake almost every family makes
A nominee is not an heir
Most people believe that naming a nominee decides who gets the money. That is not always true, and it depends on the asset. For bank deposits, RBI guidance describes the nominee as receiving the amount as a trustee — holding it for whoever is legally entitled to inherit it, decided by a will or by succession law. Life insurance can work differently: under Section 39 of the Insurance Act, certain nominees (such as a parent, spouse or child) can in specified circumstances be beneficially entitled to the payout themselves, not merely holding it for someone else. Rules also vary by the personal law that applies to you.
Because the rules differ by asset type and by which nominee is named, a nominee and the person legally entitled to inherit can end up being two different people. When they are, families end up in court over money that was meant to make their lives easier.
A policy taken at twenty-five, with a parent as nominee, never updated after marriage.
That is the most common version, and it is almost never deliberate. It happens because nobody writes the nominee and the intended heir down next to each other. The workbook makes you do exactly that, on every account, then tells you where the two disagree.
What's inside
Seven tabs. Fill them one at a time.
Asset RegisterEvery account, policy, folio and property — with the nominee and the intended heir side by side.
Liabilities & RecurringLoans, cards, EMIs and every recurring payment, including the ones a family keeps paying for years.
Digital AssetsThe accounts that hold, earn or unlock your money. Routes in — never passwords.
Annual ReviewWhat to check each year, what to check after a life event, and a log of when you last did.
Nominee CheckReads everything else, scores your readiness out of 100, and flags every account needing attention.
For My FamilyThe page you print. Who to call, where the will is, the first week — and what happens if you are alive but unable to act.
Start HereHow to use it, and why there is deliberately nowhere to write a password.
The number most people get wrong
Your net worth is not what your family receives
On the day it matters, two things change at once. A life policy stops being worth its surrender value and becomes worth its sum assured. An insured loan stops being a debt and becomes nothing.
The workbook shows both. In its worked example, net worth today is ₹1.8 lakh and what the family would actually receive is ₹38.1 lakh — same file, same inputs. The gap runs both ways: some people are better covered than they assumed, others find their cover was set before a loan they have since taken.
Who this is for
Worth your time if
Someone depends on your income
You hold policies or folios opened years ago
Your investments sit on more than one platform
Your family would not know where to start
You have a loan running
Probably not, if
You want investment recommendations — there are none here
You want a net worth tracker; this is a different thing
You are looking for tax planning
Nobody depends on you and you hold one account
Questions
Is it really free?
Yes. It costs nothing and there is nothing to buy on this page. You give an email address, you get the file, and a short series explaining how to fill it in. Unsubscribe whenever you like.
Do I have to write my passwords in it?
No — and you should not. There is deliberately no password field anywhere in the workbook. A spreadsheet full of passwords is a single point of catastrophic failure. The file records the route by which an account can be reached, such as a password manager's emergency access or a platform's legacy tool, never the credentials themselves.
What software do I need?
Microsoft Excel, LibreOffice Calc, Google Sheets or Apple Numbers. It is a standard .xlsx file with no macros. Formulas calculate on their own; you only fill the yellow cells.
How long does it take?
Ten minutes for the first three rows, which is enough to see whether you have a problem. About an hour to complete properly, and most people do that across two or three sittings. Fifteen minutes a year after that.
Is this financial or legal advice?
No. It is an organising tool that does arithmetic on figures you supply. It does not recommend any product, policy or investment, and it is not a substitute for a will. Nomination and succession rules in India differ by asset type and by the personal law that applies to you, so a qualified lawyer should draft or review your will.
Important. Simply Wealth Creation is a publisher and educator, not a SEBI- or IRDAI-registered adviser. Nothing on this page or in the workbook is investment, insurance, tax or legal advice, or a recommendation to buy, sell, surrender or continue any product. Figures produced by the workbook depend entirely on the values you enter and ignore tax, disputed claims and anything not recorded. Confirm nomination and claim procedures with each institution directly.
Simply Wealth Creation
Wealth Building · Investing · Financial Freedom
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* This report is for informational purposes only and does not constitute financial advice. Returns are estimated and not guaranteed. Past performance is not indicative of future results. Please consult a SEBI-registered financial advisor before investing.
