Appendix 2 - Determining the Value of Life Estate
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Revised March 25, 2011
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Purpose:
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DETERMINING THE VALUE OF LIFE ESTATE
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To determine the value of the life estate
- First find the line for the person's age as of the last birthday.
- Then multiply the figure in the life estate column for that age by the current market value of the property.
- The result is the value of the life estate.
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Age
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LifeEstate
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Age
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Life Estate
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Age
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Life Estate
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| 0 |
.97188 |
37 |
.93026 |
74 |
.53862 |
| 1 |
.98988 |
38 |
.92567 |
75 |
.52149 |
| 2 |
.99017 |
39 |
.92083 |
76 |
.50441 |
| 3 |
.99008 |
40 |
.91571 |
77 |
.48742 |
| 4 |
.98981 |
41 |
.91030 |
78 |
.47049 |
| 5 |
.98938 |
42 |
.90457 |
79 |
.45357 |
| 6 |
.98884 |
43 |
.89855 |
80 |
.43659 |
| 7 |
.98822 |
44 |
.89221 |
81 |
.41967 |
| 8 |
.98748 |
45 |
.88558 |
82 |
.40295 |
| 9 |
.98663 |
46 |
.87863 |
83 |
.38642 |
| 10 |
.98565 |
47 |
.87137 |
84 |
.36998 |
| 11 |
.98453 |
48 |
.86374 |
85 |
.35359 |
| 12 |
.98329 |
49 |
.85578 |
86 |
.33764 |
| 13 |
.98198 |
50 |
.84743 |
87 |
.32262 |
| 14 |
.98066 |
51 |
.83674 |
88 |
.30859 |
| 15 |
.97937 |
52 |
.82969 |
89 |
.29526 |
| 16 |
.97815 |
53 |
.82028 |
90 |
.28221 |
| 17 |
.97700 |
54 |
.81054 |
91 |
.26955 |
| 18 |
.97590 |
55 |
.80046 |
92 |
.25771 |
| 19 |
.97480 |
56 |
.79006 |
93 |
.24692 |
| 20 |
.97365 |
57 |
.77931 |
94 |
.23728 |
| 21 |
.97245 |
58 |
.76822 |
95 |
.22887 |
| 22 |
.97120 |
59 |
.75675 |
96 |
22181 |
| 23 |
.96986 |
60 |
.74491 |
97 |
.21550. |
| 24 |
.96841 |
61 |
.73267 |
98 |
.21000 |
| 25 |
.96678 |
62 |
.72002 |
99 |
.20486 |
| 26 |
.96495 |
63 |
.70696 |
100 |
.19975 |
| 27 |
.96290 |
64 |
.69352 |
101 |
.19532 |
| 28 |
.96062 |
65 |
.67970 |
102 |
.19054 |
| 29 |
.95813 |
66 |
.66551 |
103 |
.18437 |
| 30 |
.95543 |
67 |
.65098 |
104 |
.17856 |
| 31 |
.95254 |
68 |
.63610 |
105 |
.16962 |
| 32 |
.94942 |
69 |
.62086 |
106 |
.15488 |
| 33 |
.94608. |
70 |
.60522 |
107 |
.13409 |
| 34 |
.94250 |
71. |
.58914 |
108 |
.10068 |
| 35 |
.93868 |
72 |
.57261 |
109 |
.04545 |
| 36 |
.93460 |
73 |
.55571 |
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Modification Date: March 25, 2011