# Interest Value Table by lwl12230

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Interest Value Table document sample

• pg 1
```									The following spreadsheet is one that the author has found useful in his practice in the Common
Even if the laws of Virginia are uniform, practice from one area to another (and one judge to anot
And forget any relationship to the laws of any other state. Therefore, use of this sheet or any of t
is at the sole risk and responsibility of the user, and in no way creates or implies an attorney clie
with the author, his firm, staff, or even his dog. And isn't it silly that we have to cover our *(&%\$
in case some fool wants to blame us when they screw up? Oh, using this spreadsheet means y

Single Life, life estate calculator

Simple spreadsheet to calculate the value of a life estate and the remainder interest.
This table follows the formula and table provided in 55-269, Code of Virginia.
Simply enter the age of the life in being, and the value (usually today) of the property
(the green areas); the Spreadsheet calculates the annual value at 8% interest, then the
value of the life estate and the value of the remainder interest.

READ THE CODE OF VIRGINIA BEFORE USING!!

NOTE: THIS TABLE IS "SINGLE LIFE" ONLY!

Age in years, LAST Birthday                        30 <<---

TOTAL Value of Property subject
to Life Estate                           100,000.00 <<---

8% interest per Code VA                     8,000.00

Factor from 55-269.1                         11.6150

Value of Life Estate Interest              92,920.00

Value of Remainder Interest                 7,080.00

Technical note: the table is reproduced in column "O" to the right of here.
None of this sheet is "protected" which means you can modify and screw it up if you want to.

Please email comments to Ross C. Hart, Hart & Hart Attorneys, rch at hhatty.com"
found useful in his practice in the Commonwealth of Virginia.
one area to another (and one judge to another) varies.
tate. Therefore, use of this sheet or any of the stuff on the web-site
n no way creates or implies an attorney client relationship
sn't it silly that we have to cover our *(&%\$ with disclaimers
w up? Oh, using this spreadsheet means you agree.

tate and the remainder interest.
5-269, Code of Virginia.
e (usually today) of the property
nual value at 8% interest, then the

WARNING NOTE: THE TABLE

Minimum Age, 30

Usually, value is as of now

O" to the right of here.
an modify and screw it up if you want to.

Attorneys, rch at hhatty.com"
55-269.1 single life only table

30   11.615
31   11.564
32    11.51
33   11.452
34   11.391
35   11.326
36   11.258
37   11.186
38    11.11
39   11.031
40   10.948
41   10.861
42    10.77
43   10.675
44   10.576
45   10.473
46   10.365
47   10.254
48   10.138
49   10.018
50    9.893
51    9.764
52    9.631
53    9.493
54    9.352
55    9.207
56    9.057
57    8.904
58    8.747
59    8.586
60    8.421
61    8.252
62    8.078
63    7.900
64    7.718
65    7.532
66    7.343
67    7.150
68    6.954
69    6.755
70    6.552
71    6.345
72    6.134
73    5.920
74    5.705
75    5.491
76    5.279
77    5.069
78    4.861
79    4.654
80    4.448
81    4.244
82    4.044
83    3.846
84    3.652
85    3.459
86    3.272
87    3.097
88    2.934
89   2.780
90   2.630
91   2.485
92   2.350
93   2.227
94   2.118
95   2.024
96   1.943
97   1.873
98   1.811
99   1.754
100   1.701

```
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