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2. FAMILY WEALTH GOAL ACHIEVER™ - INITIAL
PREPARED FOR:
LARRY AND MEREDITH GRIFFIN
August 31, 2011
PRESENTED BY
Scott Hamilton
InKnowVision, LLC
715 Enterprise Dr.
Oakbrook, IL
scott@ikvllc.com
Phone: (630)596-5090
Copyright 2011 InKnowVision, LLC

3. YOUR GOALS AND OBJECTIVES
LARRY AND MEREDITH GRIFFIN
Maintain our customary lifestyle. This should take about $200,000 annually after taxes and gifts.
Provide for the financial security of the surviving spouse.
Maintain adequate liquidity for emergencies and investment opportunities. We prefer to keep at least
$1,000,000 in cash and readily marketable securities.
Assure we have sufficient liquid assets available at our deaths to eliminate the forced liquidation of our business
or real estate assets.
Give John a life interest in 50% of the gas/oil income, property and property rights and 25% of the residual of
our estate. The other 50% interest in the gas/oil income, property and property rights and the remaining 75%
residual of our estate we wish to pass to George.
Provide for our grandchildren's education.
Provide for a $100,000 gift to the Institute upon Larry's death and 10% to our church.
Protect our family's wealth, and future wealth, from potential creditors.
Reduce income taxes if possible.
Eliminate or reduce estate taxes.
Page 2

4. FAMILY INFORMATION
LARRY AND MEREDITH GRIFFIN
CLIENTS
Larry Griffin Date of Birth December 10, 1939
Meredith Griffin Date of Birth March 6, 1941
CHILDREN
CHILD'S NAME DATE OF BIRTH
John Griffin June 16, 1965
George Griffin May 6, 1973
GRANDCHILDREN
NAME DATE OF BIRTH
Jackie Griffin October 5, 2005
Jeff Griffin October 5, 2005
Page 3

5. PERIODIC TABLE OF ESTATE PLANNING ELEMENTS - CONSIDERED
LARRY AND MEREDITH GRIFFIN
In our planning process, we start with the universe of available planning tools. While this universe is constantly changing, the following chart
outlines many of the available tools. We examine each of these strategies and discard those that are not suitable for meeting your goals and
objectives.
Charitable Rental Home -
Family Limited Charitable Lead
Remainder Uni- 412(e) Private Annuity Limited Liability SCIN
Partnership Annuity Trust
Trust Company
Qualified Personal Sale for Installment Series Limited GDOT Owned Life
Family LLC TCLAT Flip CRT
Residence Trust Note Liability Company Insurance
Beneficiary
Preferred Limited Defective Maximized Gift to Corporate
Premium Finance 529 Plans ILIT
partnership Inheritor's Trust Trust Recapitalization
(BDIT)
Charitable Life Annuity
Walton GRAT Private Foundations NIMCRUT Asset Protection SPIA/Life Arbitrage
Estate Withdrawal
Revocable Living
Principal Protected International Irrevocable Non-
SPIA/Life in a CLAT Trusts, DPAs and Crummey Powers Dynasty Trust
Notes VUL Grantor Trust
POAs
International
Supporting IRA/Annuity to
Gift Annuity Remainder Sales Life Estates Business Risk LLC/CRTs
Organizations Charity
Management
Charitable
Succession Defined Benefit Qualified Plan
Bargain Sales Risk Management Remainder Annuity ESOP Planning
Planning Plans Limited Partnership
Trust
Page 4

6. PLAN ASSUMPTIONS
LARRY AND MEREDITH GRIFFIN
The plan is based on numerous assumptions. Important among these are the yield and growth assumptions
contained on the balance sheet in the Financial Analysis section. Other important assumptions are contained on
this Plan Assumptions page.
Tax Rate Assumptions
State Income Tax Rate 5.75%
State Inheritance - Estate Tax No state estate tax
Tax on IRD
Unless a qualified plan is given to charity, we assume the beneficiary designations are changed to provide for a
stretch out distribution.
7520 Rates
Highest rate 2.9% May, 2011
Current rate 2.4% August, 2011
Lowest rate 2.4% August, 2011
Long Term AFR Rate 3.9% August, 2011
Annual increase in Larry's earned income 0%
Number of years Larry's income is expected to continue 4
Lifestyle Need Assumptions
Net annual outlay for Larry and Meredith's lifestyle needs, not including gifts or income taxes $200,000
Annual cost of living increase used in the plan 2%
Settlement and Administrative Expenses
Fixed estate settlement costs $25,000
Variable estate settlement costs, 1st death 0.50% (of assets)
Variable estate settlement costs, 2nd death 2.00% (of assets)
Page 5

7. INTRODUCTION TO THE PLAN STRATEGIES ROADMAP
LARRY AND MEREDITH GRIFFIN
The following section of the plan contains a step by step roadmap for each of the strategies that we are recommending.
You will notice that the strategies are often interdependent; that is, in order for one strategy to be successful, you must
complete another strategy as well. It is the integration of each of these strategies that allows you to most efficiently
accomplish your goals.
Also keep in mind that there is often more than one way to get from point A to point B. This is true in wealth transfer
planning. If a particular strategy or combination of strategies is not acceptable to you, we may be able to reach the desired
result in a less efficient but perhaps more acceptable way.
The following pages are a conceptual road map only, there are numerous details contained in each strategy that are not
detailed in the overall plan that follows.
Figures shown in the following illustrations are projections and estimates only and not predictions or guarantees. Actual
results could be significantly different than the projected values contained in this analysis.
Page 6

8. GIFT LAND/ROYALTIES TO LARRY
LARRY AND MEREDITH GRIFFIN
Meredith makes an unlimited marital gift to Larry in 2011.
MEREDITH Gift land & royalties worth LARRY
$6,700,000
Now owns land & royalties worth $6,700,000
Page 7

9. CREATE AND FUND A FAMILY LIMITED PARTNERSHIP
LARRY AND MEREDITH GRIFFIN
Larry creates a limited partnership and a management LLC. He receives limited partnership shares and LLC
receives GP shares. The new entity is organized to develop new investments, protect family members,
streamline business succession planning, create a gifting mechanism and provide centralized management of
investments.
LARRY FAMILY LIMITED PARTNERSHIP
LP & 1/3 LLC interests
LLC GP SHARES LP SHARES
1/3 - Larry, 1/3 - 1% 99%
John, 1/3 - George
Page 8

10. CREATE AND FUND A FAMILY LIMITED PARTNERSHIP
LARRY AND MEREDITH GRIFFIN
Larry transfers $6,700,000 of assets to the limited partnership.
LARRY FAMILY LIMITED PARTNERSHIP
$6,700,000
Detail of Assets Transferred
Land - Gas wells/Oil Royalties 100,000
Land - Gas wells/Oil Royalties 6,600,000
Total Assets Contributed 6,700,000
Page 9

11. HAVE THE LIMITED PARTNERSHIP SHARES APPRAISED
LARRY AND MEREDITH GRIFFIN
Larry hires an appraiser to value the limited partnership shares he owns. The appraiser will value the shares taking all of the
following into account:
▪ Liquidity of the shares
▪ Transferability of the shares
▪ Degree of control that accompanies ownership of the shares
▪ The assets owned by the partnership
LARRY Appraisal FAMILY LIMITED PARTNERSHIP
Valuation adjustment
Appraised value of LP shares is $4,355,000 assumed to be 35% Inside value of assets is $6,700,000
The appraisal value of the LP units is assumed for illustration purposes only.
Note: Business appraisal is not an exact science. The IRS does not like valuation adjustments.
A well regarded appraiser should be retained to value the interests being sold.
Page 10

12. BUSINESS PURPOSE
LARRY AND MEREDITH GRIFFIN
The Family entity must have a legitimate business purpose for being organized and these purposes should be well documented. Legitimate business purposes examples are as
follows:
a. To Make a Profit – The primary reason for creating this Entity is to make a profit.
b. To Increase Wealth – This Entity will provide an effective legal vehicle to increase the wealth of the Members and their families.
c. To Provide Centralized Management of Investments – This Entity is designed to hold investment assets and allow for centralized management of those assets.
d. To Manage and Develop Real Estate – This Entity will provide the legal vehicle to effectively manage and/or develop any real estate owned or acquired by the Company.
e. To Avoid Two Layers of Taxation on Profits – This Entity provides flexibility in business planning not available to the Members through trusts, corporations, or other business
entities.
f. To Make Gifts Without Fractionalizing Assets – This Entity establishes a method by which annual gifts may be made without fractionalizing family assets.
g. To Make Gifts Without Causing a Loss of Incentive – This Entity provides a method of ownership which allows gifts to be made to children and other beneficiaries without
causing a loss of productivity or the incentive to strive to do well.
h. To Control Cash Flow to Members – This Entity provides a structure by which the Manager can control the assets and the cash flow to Members to achieve the legitimate
purposes of the Company.
i. To Provide a Buy-Sell Arrangement – This Entity provides an orderly buy-sell arrangement between the members of the families that own membership interests to keep the
ownership of Company assets in those families.
j. To Resolve Disputes Privately – This Entity provides for mediation and binding arbitration in disputes by Members that is intended to prevent expensive and embarrassing
public litigation of private family business matters.
k. To Require the Losers of Disputes to Pay the Dispute Costs – This Entity requires the loser in any dispute to pay for the costs of the dispute.
l. To Restrict the Right of Non-Members to Acquire Interests – This Entity restricts the right of non-Members to acquire interests in Company assets.
m. To Prevent Transfers of Membership Interests Because of Failed Marriages – This Entity prevents the transfer of a family member’s interest in the Company because of a failed
marriage.
n. To Prevent Commingling of the Assets of Gift Recipients – This Entity creates a method of ownership that will prevent gifts made to family members from being commingled
with assets owned by others.
o. To Make it Difficult to Withdraw – The restrictions in this Operating Agreement make it difficult for any of the parties to withdraw from the Company once they become a
Member.
p. To Protect Members from the Company’s Creditor Claims – This Entity limits the liability of Members from the Company’s creditors and further limits the liability of Members
holding particular Series of the Company from liability associated with other Series of the Company.
q. To Provide Asset Protection for Members – This Entity protects the family resource base from the claims of future creditors of Members.
The entity may conduct any lawful business and investment activity permitted under the laws of the State and/or country of organization in which it may have a business or
investment interest.
The entity may own, acquire, manage, develop, operate, sell, exchange, finance, refinance, lease and otherwise deal with real estate, personal property and any type of business
as the Manager may from time to time deem to be in the best interest of the entity.
The entity may engage in any other activities that are related or incidental to the foregoing purposes.
Page 11

13. CREATE AN IRREVOCABLE NON-GRANTOR TRUST
LARRY AND MEREDITH GRIFFIN
Larry creates an irrevocable non-grantor trust (Dynasty Trust).
The Trust can be drafted to provide asset protection and long term estate tax savings through the use of dynasty trust provisions.
LARRY NON-GRANTOR TRUST (DYNASTY
TRUST)
Note: Trust should be formed in a jurisdiction that
provides favorable GST planning and state income tax
planning. HEIRS
Potential Jurisdictions: Beneficiaries can include children,
- Alaska grandchildren and Meredith as a remote
- South Dakota beneficiary
- Wyoming
- Nevada
- Delaware
Page 12

14. GIFT TO DYNASTY TRUST
LARRY AND MEREDITH GRIFFIN
Larry makes a gift of $3,048,500 of his limited partnership interests (assumed to be 70%) from the Family Limited Partnership to the
Dynasty Trust. This gift is designed to maximize available gifting exemption with an appreciating asset.
Larry Griffin Gift of limited partnership NON-GRANTOR TRUST (DYNASTY
interests worth $3,048,500 TRUST)
Owns limited partnership interests worth
$3,048,500
HEIRS
Beneficiaries can include children,
grandchildren and Meredith as a remote
beneficiary
Planning Goals Accomplished:
- Controls assets so inheritance provides opportunities while minimizing problems for children, grandchildren and future generations.
- Reduces estate taxes on appreciating assets
- Provides enhanced asset protection
- Heirs can have access to income generated from assets in the trust, while not being burdened with asset management decisions
Page 13

15. DYNASTY TRUST/FAMILY BANK TO HOLD INHERITANCES
LARRY AND MEREDITH GRIFFIN
The Trust should be set-up as a Dynasty Trust. This trust would hold the inheritances for children and future generations
in a asset protected and tax advantaged trust, while protecting heirs from having too much too soon.
The example on this page assumes annual distributions of 3% of the total Trust principal. This payout could be higher or
lower. In addition, payments of principal could be made for health, education, maintenance, support or other items you
feel would be appropriate to allow.
DYNASTY TRUST/FAMILY BANK FOR CHILDREN
$12,323,377**
For example the Trust
could distribute annual
income to beneficiaries
JOHN GEORGE
$184,851 $184,851
The Trust, acting as a family bank, may lend money to an heir to purchase a home or to start a business but will first
assess the appropriateness of the transaction against a set of guidelines that have been drafted into the formation
documents.
** Assumed value of excess FLP interests and net equity of the Dynasty Trust in 2029.
Page 14

16. CREATE AN IRREVOCABLE LIFE INSURANCE TRUST
LARRY AND MEREDITH GRIFFIN
Meredith creates an Irrevocable Life Insurance Trust (ILIT).
MEREDITH ILIT
HEIRS
Beneficiaries can include children,
grandchildren and future generations
Page 15

17. GIFT TO IRREVOCABLE LIFE INSURANCE TRUST
LARRY AND MEREDITH GRIFFIN
Meredith makes a gift of the Rental Home property worth $750,000 to the Trust. This gift is designed to utilize available gifting
exemption with an appreciating asset.
MEREDITH GRIFFIN Gift of real estate worth ILIT
$750,000
Owns Rental Home property worth $750,000
Note: Consider placing the Rental Home property into its own
limited liability company prior to gifting it to the trust.
HEIRS
Page 16

18. PURCHASE LIFE INSURANCE IN TRUST
LARRY AND MEREDITH GRIFFIN
Annual premiums of $120,000
LARRY & MEREDITH are paid each year ** ILIT
Owns second to die life insurance with a
death benefit of $6,000,000
** Premium funding in order of priority:
- Rental income from Rental Home property owned by trust
- ILIT will be named a discretionary beneficiary of Larry's Dynasty Trust
- Annual cash gifts can be made by Larry & Meredith to pay premiums
HEIRS
$6,000,000 in assets are distributed
Premium Payment Details
according to the terms of the ILIT
Premiums in the amount of $120,000 are paid annually by
the ILIT. Premiums are scheduled to be paid for all years.
The premium is based on certain assumptions. This is for illustration purposes only. Actual insurance numbers can only be determined by
applying for insurance. Page 17

19. INTERNAL RATE OF RETURN ON LIFE INSURANCE
LARRY AND MEREDITH GRIFFIN
LARRY'S AGE MEREDITH'S AGE YEAR PREMIUM DEATH BENEFIT IRR
72 70 2011 120,000 6,000,000 4900.00%
73 71 2012 120,000 6,000,000 558.87%
74 72 2013 120,000 6,000,000 229.68%
75 73 2014 120,000 6,000,000 133.16%
76 74 2015 120,000 6,000,000 89.85%
77 75 2016 120,000 6,000,000 65.92%
78 76 2017 120,000 6,000,000 50.98%
79 77 2018 120,000 6,000,000 40.87%
80 78 2019 120,000 6,000,000 33.62%
81 79 2020 120,000 6,000,000 28.21%
82 80 2021 120,000 6,000,000 24.03%
83 81 2022 120,000 6,000,000 20.72%
84 82 2023 120,000 6,000,000 18.05%
85 83 2024 120,000 6,000,000 15.84%
86 84 2025 120,000 6,000,000 14.00%
87 85 2026 120,000 6,000,000 12.45%
88 86 2027 120,000 6,000,000 11.12%
89 87 2028 120,000 6,000,000 9.97%
90 88 2029 120,000 6,000,000 8.97%
91 89 2030 120,000 6,000,000 8.10%
92 90 2031 120,000 6,000,000 7.32%
93 91 2032 120,000 6,000,000 6.64%
94 92 2033 120,000 6,000,000 6.03%
95 93 2034 120,000 6,000,000 5.48%
Page 18

20. CREATE AND FUND A QUALIFIED PERSONAL RESIDENCE TRUST
LARRY AND MEREDITH GRIFFIN
Larry creates a qualified personal residence trust (QPRT) with a term of 5 years.
LARRY Deed LARRY's QPRT
Larry gifts an undivided interest in property Meredith gifts a 1/2 undivided interest in property
123 Main St. 1,000,000 123 Main St. 500,000
Sub Total 1,000,000 Sub Total 500,000
Note: If you die before the QPRT term ends, the property is back in your estate.
Page 19

21. QPRT APPRAISAL - GIFT OF REAL ESTATE
LARRY AND MEREDITH GRIFFIN
Larry hires an appraiser to value the real estate.
LARRY Appraisal of Gift LARRY's QPRT
The value of Larry's QPRT gift is expected
to be $743,060
QPRT ASSUMPTIONS
Term (years) 5
7520 Rate 2.40%
Larry's age 72
Page 20

22. AFTER THE QPRT TERM ENDS (I)
LARRY AND MEREDITH GRIFFIN
Larry's QPRT will name Meredith as a beneficiary. As such, Meredith can continue to use the residence without
rent.
LARRY LARRY's QPRT
Meredith is a beneficiary of Larry's
QPRT
Page 21

23. AFTER THE QPRT TERM ENDS (II)
LARRY AND MEREDITH GRIFFIN
At death, the real estate and any accumulated rental income, passes to your heirs without estate tax. The trusts
can be structured for distributions according to your particular goals and objectives.
LARRY'S QPRT HEIRS
The value of the real estate is assumed to
be $1,719,336 as of 2029
Note: This illustration assumes no rent is paid; however, under certain circumstances fair market rent may need to be paid.
For example, if Larry outlives Meredith and wants to continue to use their home, he will need to pay fair market rent. The
advantage to this is that rent is a very effective way to move additional assets outside of the taxable estate.
Page 22

24. LEAVE YOUR IRA/ANNUITY TO CHARITY
LARRY AND MEREDITH GRIFFIN
At the 2nd death, leave your qualified plans and annuity to charity.
IRA/ANNUITY $298,787 GRIFFIN FAMILY TRUST
Advantages
No estate tax
No income in respect of a decedent tax
Most efficient asset to satisfy charitable intent
Page 23

25. TESTAM TESTAMENTARY CHARITABLE LEAD ANNUITY TRUST (Part I)
LARRY AND MEREDITH GRIFFIN
Include language in your trust or Will that creates a testamentary charitable lead trust (TCLAT) at the second death.
LARRY & MEREDITH TCLAT
At death $1,463,079 of the assets taxable
TCLAT owns assets with a value of
in your estate will pass to the TCLAT.
$1,463,079 after your death.
This should bring your estate tax to $0.
Note: Assets passing to the TCLAT reflect today's favorable tax law.
Future funding to TCLAT could be greater in years with less favorable
tax laws.
GRIFFIN FAMILY CHARITY
TCLAT Assumptions The charity will receive payments of
Asset growth rate 5.00% $78,504 each year for a period of 25 years
TCLAT payout rate 5.37% totaling $1,962,611.
Present value discount rate 5.00%
Assumed date of death 2011
Page 24

26. TESTAMENTARY CHARITABLE LEAD ANNUITY TRUST (Part II)
LARRY AND MEREDITH GRIFFIN
At the end of the TCLAT term, your heirs will receive all of the remaining trust assets.
TCLAT HEIRS
The amount passing to beneficiaries is
entirely dependent on the rate of return of
At the end of the 25 year term, the TCLAT the assets in the trust. A higher rate of
assets will be distributed to your heirs. return means more passing to heirs and a
lower rate of return could mean that
nothing passes to heirs.
Based on the plan assumptions, your heirs could expect to inherit $392,125 from the TCLAT. The amount passing
to heirs is a present value number using a discount rate of 5%.
Page 25

27. PERIODIC TABLE OF ESTATE PLANNING ELEMENTS - RECOMMENDED
LARRY AND MEREDITH GRIFFIN
The highlighted tools are those we have determined are most suited to achieving your goals and objectives.
Charitable Rental Home -
Family Limited Charitable Lead
Remainder Uni- 412(e) Private Annuity Limited Liability SCIN
Partnership Annuity Trust
Trust Company
Qualified Personal Sale for Installment Series Limited GDOT Owned Life
Family LLC TCLAT Flip CRT
Residence Trust Note Liability Company Insurance
Beneficiary
Preferred Limited Maximized Gift to Corporate
Premium Finance Defective Inheritor's 529 Plans ILIT
partnership Trust Recapitalization
Trust (BDIT)
Annuity
Walton GRAT Private Foundations Charitable Life Estate NIMCRUT Asset Protection SPIA/Life Arbitrage
Withdrawal
Revocable Living
Principal Protected International Irrevocable Non-
SPIA/Life in a CLAT Trusts, DPAs and Crummey Powers Dynasty Trust
Notes VUL Grantor Trust
POAs
International
Supporting IRA/Annuity to
Gift Annuity Remainder Sales Life Estates Business Risk LLC/CRTs
Organizations Charity
Management
Charitable
Succession Defined Benefit Qualified Plan
Bargain Sales Risk Management Remainder Annuity ESOP Planning
Planning Plans Limited Partnership
Trust
Green equals a new Blue equals a social Yellow equals an
planning tool for capital or existing planning
family charitable tool tool
Page 26

28. LARRY AND MEREDITH GRIFFIN
LIFETIME SPENDING
AND LIQUIDITY
Page 27

29. YOUR LIQUID ASSETS - PROPOSED PLAN
LARRY AND MEREDITH GRIFFIN
$5,000,000
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000 -
$2,000,000
$1,500,000
$1,000,000
$500,000
$-
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20
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20
20
Liquid Assets Proposed Total Living Expenses
Most of our clients want to know that they have sufficient income and liquid assets to pay their living expenses for the rest of their lives. This chart
assumes full implementation of the proposed plan and shows your liquid assets over your life expectancy compared with your annual living expenses.
Liquid assets include cash, stocks, bonds, annuities and qualified retirement accounts but do not include any other assets you might own such as
promissory notes, businesses or real estate.
Page 28

30. LARRY AND MEREDITH GRIFFIN
INCOME TAX RESULTS
Page 29

31. TOTAL INCOME TAXES - CURRENT VS. PROPOSED
LARRY AND MEREDITH GRIFFIN
$600,000
$550,000
$500,000
$450,000
$400,000
$350,000 -
$300,000
$250,000
$200,000
$150,000
$100,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Current Plan Proposed Plan
This chart compares the income tax liability in the existing plan as against the proposed plan. The proposed plan includes both personal income taxes
and trust income taxes.
Page 30

32. INCOME TAXES - PROPOSED PLAN
LARRY AND MEREDITH GRIFFIN
YEAR Personal Income Taxes Dynasty Trust Income Taxes ILIT Income Taxes
2011 200,239 253,765 65,468
2012 184,526 222,160 65,521
2013 191,718 193,715 65,680
2014 177,180 168,115 65,844
2015 66,995 156,595 66,013
2016 61,639 145,651 66,186
2017 56,541 135,254 66,366
2018 51,640 125,377 66,550
2019 47,013 115,994 66,740
2020 42,896 107,080 66,936
2021 38,950 98,612 67,138
2022 35,166 90,567 67,345
2023 33,125 82,924 67,559
2024 31,469 75,664 67,780
2025 29,897 68,766 68,007
2026 28,403 62,214 68,240
2027 26,983 55,989 68,481
2028 25,632 50,075 68,729
2029 24,310 44,457 68,985
Page 31

33. LARRY AND MEREDITH GRIFFIN
INCREASE INHERITANCE
AND REDUCE ESTATE TAX
Page 32

34. COMPARISON OF PLAN RESULTS - PLAN YEAR 2011
LARRY AND MEREDITH GRIFFIN
Existing Plan Proposed Plan Advantage
Estate Value $ 13,834,712 $ 7,527,868
Heirs Receive Immediately $ 11,026,110 $ 17,491,665 $ 6,465,555
Heirs Receive from Deferred Inheritance $ - $ 392,125 $ 392,125
Total Benefits to Family $ 11,026,110 $ 17,883,790 $ 6,857,680
Family Charity $ 100,000 $ 1,907,430 $ 1,807,430
Estate and Income Tax $ 2,393,646 $ - $ 2,393,646
This chart assumes that you both die this year and compares the results of the current plan with the proposed plan.
Deferred Inheritance is a general approximation based on the long term performance of the TCLAT.
Page 33

35. COMPARISON OF PLAN RESULTS - PLAN YEAR 2011
LARRY AND MEREDITH GRIFFIN
CURRENT PLAN PROPOSED PLAN
1%
10%
81%
18% 0%
90%
Heirs Estate Tax Charity Heirs Estate Tax Charity
Heirs $11,026,110 Heirs $17,883,790
Estate Tax $2,393,646 Estate Tax $0
Charity $100,000 Charity $1,907,430
In the current plan, a portion of the benefit to heirs is qualified plan money. Withdrawals from these plans will be treated as ordinary income.
Page 34

36. COMPARISON OF PLAN RESULTS - PLAN YEAR 2029
LARRY AND MEREDITH GRIFFIN
Existing Plan Proposed Plan Advantage
Estate Value $ 23,670,319 $ 5,006,263
Heirs Receive Immediately $ 11,233,629 $ 21,773,405 $ 10,539,776
Heirs Receive from Deferred Inheritance $ - $ 1,058,254 $ 1,058,254
Total Benefits to Family $ 11,233,629 $ 22,831,659 $ 11,598,030
Family Charity $ 100,000 $ 4,609,540 $ 4,509,540
Estate and Income Tax $ 11,797,639 $ - $ 11,797,639
Present Value of total to Heirs $6,598,573 $13,411,193
Discount rate for PV calculation 3.00%
This chart assumes that you both die at life expectancy and compares the results of the current plan with the proposed plan.
Deferred Inheritance is a general approximation based on the long term performance of the TCLAT.
Page 35

37. COMPARISON OF PLAN RESULTS - PLAN YEAR 2029
LARRY AND MEREDITH GRIFFIN
CURRENT PLAN PROPOSED PLAN
49%
0%
83%
17%
0%
51%
Heirs Estate Tax Charity Heirs Estate Tax Charity
Heirs $11,233,629 Heirs $21,773,405
Estate Tax $11,797,639 Estate Tax $0
Charity $100,000 Charity $4,609,540
In the current plan, a portion of the benefit to heirs is qualified plan money. Withdrawals from these plans will be treated as ordinary income.
Page 36

38. ASSETS PASSING TO YOUR FAMILY - CURRENT VS. PROPOSED
LARRY AND MEREDITH GRIFFIN
$25,000,000
$22,000,000
$19,000,000
$16,000,000
-
$13,000,000
$10,000,000
$7,000,000
nt
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re
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ur
C
Current Plan Proposed Plan Proposed Plan w/out Life Ins
This chart compares the amount of your assets that will pass to heirs immediately, after estate taxes and costs of implementation in the current plan as
against the proposed plan. The proposed plan inheritances do not include any potential deferred inheritances because of the uncertainty surrounding
the remainder value at the termination of the TCLAT 25 years out.
Page 37

39. LARRY AND MEREDITH GRIFFIN
INCREASE IN
CHARITABLE GIVING
Page 38

40. COMPARISON OF CHARITY RESULTS - PLAN YEAR 2011
LARRY AND MEREDITH GRIFFIN
Existing Plan Proposed Plan Increase in Charity
Charity receives from TCLAT $ - $ 1,600,000 $ 1,600,000
Charitable gift of IRA/Annuity assets $ - $ 300,000 $ 300,000
Outright gift to charity $ 100,000 $ - $ (100,000)
Family Charity $ 100,000 $ 1,900,000 $ 1,800,000
Page 39

41. COMPARISON OF CHARITY RESULTS - PLAN YEAR 2029
LARRY AND MEREDITH GRIFFIN
Existing Plan Proposed Plan Increase in Charity
Charity receives from TCLAT $ - $ 4,300,000 $ 4,300,000
Charitable gift of IRA/Annuity assets $ - $ 300,000 $ 300,000
Outright gift to charity $ 100,000 $ - $ (100,000)
Family Charity $ 100,000 $ 4,600,000 $ 4,500,000
Page 40

42. COST BENEFIT ANALYSIS
LARRY AND MEREDITH GRIFFIN
All strategies have an element of risk; a chance that the program adopted does not work as planned. Estate planning strategies carry an element of
risk as well. Many advisors warn their clients of risk but do not make an effort to quantify those risks. We have taken the position in our planning
that if a risk is quantifiable, it should be identified as such and the cost of the risk should be disclosed to our client. When the risk is not
quantifiable, this should also be disclosed.
Any risk analysis begins with two questions:
What is the reward to be gained by taking the risk?
What is the cost of the potential loss if the plan fails totally?
If you are satisfied that the reward is worth the risk and that the risk of loss is acceptable, it would then make sense to pursue the strategy. If
the risk is such that you could not comfortably accept the loss, then the risk should not be taken.
Is the reward worth the risk?
The reward of the proposed plan results in an advantage to your heirs today of $6,857,680 over your existing plan.
The reward of the proposed plan results in an advantage to your heirs at life expectancy of $11,598,030 over your existing plan.
What if the Plan fails totally?
There are 4 basic areas of potential risk involved in this comprehensive plan. We assume total failure of all planning techniques in order to
provide a worst case analysis.
Transaction costs
Planning Fees 40,000
Attorneys Fees 95,000
Valuation Fees 15,000
Total $ 150,000
Annual Maintenance Fee $ 6,500
Taxes
This represents the taxes that will have to be paid if the plan fails entirely. Note that this is the same amount that would be paid without the
planning.
Total additional tax over current plan = $0
Page 41

43. COST BENEFIT ANALYSIS (Continued)
Interest (cost of money)
Interest is charged on late tax payments by the IRS at the rate of the applicable federal rate plus 3%. You must invest at a rate less than this rate
to lose money. Assuming that assets earn in excess of that rate, there should be no risk of loss due to cost of money.
Nonetheless, we assume that assets actually earn 2% less than the IRS interest rates, and the risk of loss would be $41,962.
Penalties
Assuming the plan is implemented with the help of knowledgeable advisors, the only potential penalty is for substantial undervaluation. The
penalty comes into play in the case of a challenge to asset valuation. If the value reported for a transaction is less than 65% of the value as
finally determined for tax purposes (by the IRS or the courts) then there is a 25% substantial undervaluation penalty.
The valuation adjustment assumed in this plan is 35.00%. Therefore, an adjustment should not result in a substantial valuation
penalty.
Risk Analysis
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$-
Benefit to Heirs 2011 Benefit to Heirs 2029 Potential Loss (Total Failure)
Page 42

44. DETAILED FINANCIAL ANALYSIS
LARRY AND MEREDITH GRIFFIN
INTRODUCTION
The following section of the plan contains all of the financial analysis used to show you where you
stand with your current plan and what is possible with the proposed plan.
All of the numbers are based on information provided by you or gleaned from statements and tax
returns. If numbers do not look correct, please let us know so that we can make appropriate
changes.
Assumed growth and yield numbers are all listed on the Net Worth pages contained in these sections.
Figures shown in the following financials are projections and estimates only and not predictions or
guarantees. Actual results could be significantly different than the projected values contained in this
analysis.
Page 43

45. DETAILED FINANCIAL ANALYSIS
LARRY AND MEREDITH GRIFFIN
CURRENT PLAN FINANCIALS
In the Current Plan Section you will find a Net Worth Statement and a detailed cash flow and asset
value projection analysis.
Page 44

46. CURRENT NET WORTH STATEMENT
LARRY AND MEREDITH GRIFFIN
LARRY MEREDITH JOINT TOTAL YIELD GROWTH
CASH AND EQUIVALENTS
Savings - - 100,000 100,000 0.0% 0.0%
Cash 3,000 - - 3,000 0.0% 0.0%
Cash - - 25,179 25,179 0.0% 0.0%
Cash - - 730,450 730,450 0.0% 0.0%
Cash - - 875,491 875,491 0.0% 0.0%
Total of Cash and Equivalents 3,000 - 1,731,120 1,734,120 0.0% 0.0%
MARKETABLE SECURITIES - FIXED INCOME
Merrill Lynch 314,431 - - 314,431 4.1% 0.0%
Total of Fixed Income 314,431 - - 314,431 4.1% 0.0%
NON-TAXABLE MARKETABLE SECURITIES
Merrill Lynch Cash - - 240,970 240,970 0.0% 0.0%
Merrill Lynch Cash - - 33,050 33,050 0.0% 0.0%
Merrill Lynch Cash 237,665 - - 237,665 0.0% 0.0%
Merrill Lynch 199,611 - - 199,611 1.9% 0.0%
Merrill Lynch Munis 750,333 - - 750,333 4.1% 0.0%
Total of Non-Taxable Marketable Securities 1,187,609 - 274,020 1,461,629 2.4% 0.0%
ANNUITIES/DEFERRED COMPENSATION
Annuity - 15,177 - 15,177 4.0%
Total of Annuities - 15,177 - 15,177 4.0%
Page 45

47. CURRENT NET WORTH STATEMENT (Page 2)
LARRY AND MEREDITH GRIFFIN
LARRY MEREDITH JOINT TOTAL YIELD GROWTH
OTHER INVESTMENTS
Land - Gas wells/Oil Royalties - 100,000 - 100,000 22.4% -5.0%
Land - Gas wells/Oil Royalties - 6,600,000 - 6,600,000 22.4% -5.0%
Total of Other Investments - 6,700,000 - 6,700,000 22.4% -5.0%
RETIREMENT PLANS/IRAs
ML IRA 82,711 - 82,711 0.0% 5.0%
ML SEP 207,258 - 207,258 0.0% 5.0%
Total Retirement Plans 289,969 - 289,969 0.0% 5.0%
Page 46

48. CURRENT NET WORTH STATEMENT (Page 3)
LARRY AND MEREDITH GRIFFIN
LARRY MEREDITH JOINT TOTAL YIELD GROWTH
INVESTMENT REAL ESTATE
Rental Home - - 750,000 750,000 2.0% 3.0%
Vacation Home - - 310,000 310,000 0.0% 3.0%
Total of Real Estate Holdings - - 1,060,000 1,060,000 1.4% 3.0%
RESIDENTIAL REAL ESTATE
123 Main St. - - 1,000,000 1,000,000 0.0% 3.0%
Total of Personal Residences - - 1,000,000 1,000,000 0.0% 3.0%
PERSONAL PROPERTY
Personal Property - - 250,000 250,000 0.0% 0.0%
Total of Personal Property - - 250,000 250,000 0.0% 0.0%
TOTAL ASSETS 1,795,009 6,715,177 4,315,140 12,825,326
TOTAL LIABILITIES - - - -
NET WORTH 1,795,009 6,715,177 4,315,140 12,825,326
Page 47

49. FINANCIAL ANALYSIS - EXISTING PLAN ASSET VALUE PROJECTIONS - EXISTING PLAN
3,910,000 ($2,000,000) -20.00%
5% -5.00% -10.00%
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Asset Values
Cash and cash equivalents 1,734,120 1,734,120 1,734,120 1,734,120 1,734,120 1,734,120 1,734,120 1,734,120 1,734,120
Marketable securities - Fixed Income 314,431 314,431 314,431 314,431 314,431 314,431 314,431 314,431 314,431
Municipal bonds 1,461,629 1,461,629 1,461,629 1,461,629 1,461,629 1,461,629 1,461,629 1,461,629 1,461,629
Annuities 15,177 15,377 15,992 16,632 17,297 17,989 21,887 26,628 31,152
Other investments 1 6,700,000 6,700,000 6,365,000 6,046,750 5,744,413 5,457,192 4,222,671 3,267,422 2,661,336
2
Excess Cash Flow - Growth Securities - 995,291 1,935,278 2,764,997 3,556,204 4,208,573 7,428,626 10,693,484 13,438,783
Retirement plans/IRAs 289,969 283,410 286,106 288,390 290,216 291,535 289,478 268,985 237,036
Investment real estate 1,060,000 1,070,525 1,102,640 1,135,720 1,169,791 1,204,885 1,396,792 1,619,265 1,822,497
Personal residences 1,000,000 1,009,929 1,040,227 1,071,434 1,103,577 1,136,684 1,317,728 1,527,608 1,719,336
Personal property 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
Total assets in estate 12,825,326 13,834,712 14,505,423 15,084,102 15,641,678 16,077,038 18,437,361 21,163,572 23,670,319
Combined net worth $ 12,825,326 $ 13,834,712 $ 14,505,423 $ 15,084,102 $ 15,641,678 $ 16,077,038 $ 18,437,361 $ 21,163,572 $ 23,670,319
1
Beginning in 2012, we assume a 5% value decrease in the oil/gas land.
2
5% Growth.
Page 48

50. TAXABLE INCOME PROJECTIONS - EXISTING PLAN
14%
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Sources of taxable income
Marketable securities - Fixed Income 12,860 12,860 12,860 12,860 12,860 12,860 12,860 12,860
Other investments 1 1,500,000 1,350,000 1,215,000 1,093,500 1,038,825 803,823 621,983 506,609
Depletion (@ 14%) (210,000) (189,000) (170,100) (153,090) (145,436) (112,535) (87,078) (70,925)
Retirement plans/IRAs 11,327 11,474 12,021 12,593 13,192 16,267 19,485 21,608
Investment real estate 15,011 15,160 15,615 16,083 16,566 19,204 22,263 25,057
Client earned income 250,641 250,641 250,641 250,641 250,641 - - - -
Social security income 33,323 33,323 33,323 33,323 33,323 33,323 33,323 33,323
Gross income $ 1,613,163 $ 1,484,459 $ 1,369,361 $ 1,265,911 $ 969,331 $ 772,943 $ 622,837 $ 528,532
1
Decreases by 10% for the first 3 years. Beginning in 2015, we assume an annual decrease in income of 5%.
Page 49

51. INCOME TAX PROJECTIONS - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Income tax Estimation
Adjusted gross income:
Earned and other income 1,613,163 1,484,459 1,369,361 1,265,911 969,331 772,943 622,837 528,532
Adjusted gross income 1,613,163 1,484,459 1,369,361 1,265,911 969,331 772,943 622,837 528,532
Deductions
Real estate tax 11,192 11,192 11,416 11,644 11,877 12,115 13,375 14,768 15,985
State income taxes 92,757 85,356 78,738 72,790 55,737 44,444 35,813 30,391
Charitable gifts 100,000 100,000 102,000 104,040 106,121 108,243 119,509 131,948 142,825
Charitable Deduction available 100,000 102,000 104,040 106,121 108,243 119,509 131,948 142,825
Charitable Deduction allowed 100,000 102,000 104,040 106,121 108,243 119,509 131,948 142,825
Deduction carried over - - - - - - - -
Total deductions 203,949 198,772 194,422 190,788 176,094 177,329 182,529 189,200
Reductions - - (36,077) (32,973) (24,076) (18,184) (13,681) (10,852)
Deductions allowed 203,949 198,772 158,346 157,814 152,018 159,145 168,847 178,348
Taxable income 1,409,214 1,285,687 1,211,015 1,108,097 817,312 613,798 453,989 350,184
Federal and State income tax $ 555,853 $ 505,218 $ 522,367 $ 475,663 $ 343,459 $ 251,575 $ 179,660 $ 134,173
Page 50

52. CASH FLOW PROJECTIONS - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Sources of income for Lifestyle
Distribution from Marketable Securities - - - - - - - -
Depletion Add Back 210,000 189,000 170,100 153,090 145,436 112,535 87,078 70,925
Non-taxable Social Security Income 5,881 5,881 5,881 5,881 5,881 5,881 5,881 5,881
Consumable income (taxable) 1,613,163 1,484,459 1,369,361 1,265,911 969,331 772,943 622,837 528,532
Consumable income (tax exempt) 34,701 34,701 34,701 34,701 34,701 34,701 34,701 34,701
Total income available for lifestyle 1,863,744 1,714,040 1,580,042 1,459,583 1,155,348 926,060 750,496 640,039
Uses of Cash
Living expenses 200,000 204,000 208,080 212,242 216,486 239,019 263,896 285,649
Income tax 555,853 505,218 522,367 475,663 343,459 251,575 179,660 134,173
Cash gifts to family 12,600 12,600 12,600 12,600 12,600 12,600 12,600 12,600
Cash gifts to charity 100,000 102,000 104,040 106,121 108,243 119,509 131,948 142,825
Total uses of cash 868,453 823,818 847,087 806,626 680,789 622,703 588,104 575,247
Surplus $ 995,291 $ 890,222 $ 732,955 $ 652,957 $ 474,559 $ 303,357 $ 162,392 $ 64,792
Page 51

53. FIRST ESTATE TAX ESTIMATION AND DISTRIBUTION - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Tax calculation on Larry's death
Combined net worth 12,825,326 13,834,712 14,505,423 15,084,102 15,641,678 16,077,038 18,437,361 21,163,572 23,670,319
Larry's estimated estate 3,952,579 4,263,657 4,470,361 4,648,701 4,820,538 4,954,709 5,682,127 6,522,305 7,294,848
Total gross estate 3,952,579 4,263,657 4,470,361 4,648,701 4,820,538 4,954,709 5,682,127 6,522,305 7,294,848
Settlement expenses (44,763) (46,318) (47,352) (48,244) (49,103) (49,774) (53,411) (57,612) (61,474)
Joint, personal and IRA to Meredith (2,447,539) (2,610,786) (2,726,314) (2,825,948) (2,921,573) (2,996,132) (3,391,145) (3,829,276) (4,219,030)
Outright or in trust to Meredith - - - (794,510) (869,862) (928,804) (1,257,571) (1,655,418) (2,034,344)
Taxable estate 1,460,277 1,606,553 1,696,694 980,000 980,000 980,000 980,000 980,000 980,000
Plus Larry's lifetime taxable gifts 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Tax base 1,480,277 1,626,553 1,716,694 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Federal Estate Tax - - - - - - - - -
Distribution of Larry's estate
Settlement expenses 44,763 46,318 47,352 48,244 49,103 49,774 53,411 57,612 61,474
To family trust 1,460,277 1,606,553 1,696,694 980,000 980,000 980,000 980,000 980,000 980,000
Joint, personal and IRA to Meredith 2,447,539 2,610,786 2,726,314 2,825,948 2,921,573 2,996,132 3,391,145 3,829,276 4,219,030
Outright or in trust to Meredith - - - 794,510 869,862 928,804 1,257,571 1,655,418 2,034,344
Total $ 3,952,579 $ 4,263,657 $ 4,470,361 $ 4,648,701 $ 4,820,538 $ 4,954,709 $ 5,682,127 $ 6,522,305 $ 7,294,848
Assumptions
We assume that Larry dies first, followed immediately by Meredith.
Taxes under "Distribution of First Estate" include estate and income taxes.
Page 52

54. SECOND ESTATE TAX ESTIMATION AND DISTRIBUTION - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Tax Calculation on Meredith's death
Meredith's assets 8,872,747 9,571,055 10,035,063 10,435,401 10,821,140 11,122,329 12,755,235 14,641,267 16,375,471
Plus assets from Larry's estate 2,447,539 2,610,786 2,726,314 3,620,457 3,791,435 3,924,936 4,648,716 5,484,694 6,253,374
Meredith's estimated estate 11,320,286 12,181,840 12,761,377 14,055,859 14,612,575 15,047,265 17,403,951 20,125,961 22,628,845
Gift to Charity (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
Settlement expenses (251,406) (268,637) (280,228) (306,117) (317,251) (325,945) (373,079) (427,519) (477,577)
Meredith's taxable estate 10,968,880 11,813,204 12,381,150 13,649,741 14,195,323 14,621,319 16,930,872 19,598,442 22,051,268
Plus Meredith's lifetime taxable gifts 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Tax base 10,988,880 11,833,204 12,401,150 13,669,741 14,215,323 14,641,319 16,950,872 19,618,442 22,071,268
Federal Estate Tax 2,096,108 2,391,621 2,590,402 6,996,845 7,324,194 7,579,792 8,965,523 10,444,343 11,793,397
Tax on IRD 1,973 2,025 2,185 1,447 1,553 1,664 2,288 3,427 4,241
Total Estate Tax Due 2,098,081 2,393,646 2,592,587 6,998,292 7,325,747 7,581,456 8,967,811 10,447,770 11,797,639
Distribution of Meredith's estate
Settlement expenses 251,406 268,637 280,228 306,117 317,251 325,945 373,079 427,519 477,577
Taxes 2,098,081 2,393,646 2,592,587 6,998,292 7,325,747 7,581,456 8,967,811 10,447,770 11,797,639
Qualified plan to heirs 289,969 283,410 286,106 288,390 290,216 291,535 289,478 268,985 237,036
Gift to Charity 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Residual estate to heirs 8,580,830 9,136,148 9,502,456 6,363,059 6,579,360 6,748,328 7,673,583 8,881,686 10,016,594
Total $ 11,320,286 $ 12,181,840 $ 12,761,377 $ 14,055,859 $ 14,612,575 $ 15,047,265 $ 17,403,951 $ 20,125,961 $ 22,628,845
Assumptions
We assume that Larry dies first, followed immediately by Meredith.
Taxes under "Distribution of Second Estate" include estate and income taxes.
Page 53

55. SUMMARY OF BENEFITS TO FAMILY - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Benefits to Family
Family trust 1,460,277 1,606,553 1,696,694 980,000 980,000 980,000 980,000 980,000 980,000
Residual estate 8,580,830 9,136,148 9,502,456 6,363,059 6,579,360 6,748,328 7,673,583 8,881,686 10,016,594
Qualified plan assets 289,969 283,410 286,106 288,390 290,216 291,535 289,478 268,985 237,036
Total assets to heirs $ 10,331,076 $ 11,026,110 $ 11,485,257 $ 7,631,450 $ 7,849,576 $ 8,019,864 $ 8,943,061 $ 10,130,672 $ 11,233,629
Page 54

56. DETAILS OF LARRY'S QUALIFIED PLAN - EXISTING PLAN
YEAR Current 2011 2012 2013 2014 2015 2020 2025 2029
Larry's Qualified Plans
Larry's Age 72 73 74 75 76 81 86 90
Meredith's Age 70 71 72 73 74 79 84 88
Minimum distribution factor 25.6 24.7 23.8 22.9 22.0 17.9 14.1 11.4
Plan contributions - - - - - - - -
Plan balance 289,969 283,410 286,106 288,390 290,216 291,535 289,478 268,985 237,036
Minimum distribution 11,327 11,474 12,021 12,593 13,192 16,267 19,485 21,608
Preferred distribution - - - - - - - -
Actual distribution 11,327 11,474 12,021 12,593 13,192 16,267 19,485 21,608
Page 55

57. DETAILED FINANCIAL ANALYSIS
LARRY AND MEREDITH GRIFFIN
PROPOSED PLAN FINANCIALS
In the Proposed Plan Section you will find a balance sheet which reflects the repositioning of assets
as set out in the step by step roadmap in the proceeding section. You will also find detailed cash
flow and asset projection information on each of the proposed planning strategies.
Page 56

58. NET WORTH STATEMENT AFTER PLAN IMPLEMENTATION
LARRY AND MEREDITH GRIFFIN
LARRY MEREDITH JOINT TOTAL YIELD GROWTH
CASH AND EQUIVALENTS
Savings - - 100,000 100,000 0.0% 0.0%
Cash 3,000 - - 3,000 0.0% 0.0%
Cash - - 25,179 25,179 0.0% 0.0%
Cash ** - 730,450 - 730,450 0.0% 0.0%
Cash ** - 875,491 - 875,491 0.0% 0.0%
Total of Cash and Equivalents 3,000 1,605,941 125,179 1,734,120 0.0% 0.0%
MARKETABLE SECURITIES - FIXED INCOME
Merrill Lynch 314,431 - - 314,431 4.1% 0.0%
Total of Fixed Income 314,431 - - 314,431 4.1% 0.0%
NON-TAXABLE MARKETABLE SECURITIES
Merrill Lynch Cash ** - 240,970 - 240,970 0.0% 0.0%
Merrill Lynch Cash ** - 33,050 - 33,050 0.0% 0.0%
Merrill Lynch Cash 237,665 - - 237,665 0.0% 0.0%
Merrill Lynch 199,611 - - 199,611 1.9% 0.0%
Merrill Lynch Munis 750,333 - - 750,333 4.1% 0.0%
Total of Non-Taxable Marketable Securities 1,187,609 274,020 - 1,461,629 2.4% 0.0%
ANNUITIES/DEFERRED COMPENSATION
Annuity - 15,177 - 15,177 4.0%
Total of Annuities - 15,177 - 15,177 0.0% 4.0%
** Previous joint asset accounts moved into Meredith's name alone to help equalize estate values for tax efficiency.
Page 57

59. REVISED NET WORTH STATEMENT (Page 2)
LARRY AND MEREDITH GRIFFIN
LARRY MEREDITH JOINT TOTAL YIELD GROWTH
RETIREMENT PLANS/IRAs
ML IRA 82,711 - 82,711 0.0% 5.0%
ML SEP 207,258 - 207,258 0.0% 5.0%
Total Retirement Plans 289,969 - 289,969 0.0% 5.0%
INVESTMENT REAL ESTATE
Vacation Home - - 310,000 310,000 0.0% 3.0%
Total of Real Estate Holdings - - 310,000 310,000 0.0% 3.0%
PERSONAL PROPERTY
Personal Property - - 250,000 250,000 0.0% 0.0%
Total of Personal Property - - 250,000 250,000 0.0% 0.0%
OTHER STRATEGY ASSETS
Family Limited Partnership 2,010,000 - 2,010,000
QPRT Property 1,000,000 - - 1,000,000
Total of Other Strategy Assets 3,010,000 - - 3,010,000
TOTAL ASSETS 4,805,009 1,895,138 685,179 7,385,326
TOTAL LIABILITIES - - - -
NET WORTH 4,805,009 1,895,138 685,179 7,385,326
Page 58