2014 Missouri Revised Statutes
TITLE XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY (441-448)
Chapter 442 Titles and Conveyance of Real Estate
Section 442.530 Value of life estates--how computed.

442.530. When a party as tenant for life, or by the curtesy, or in dower, is entitled to the annual interest on a sum of money, or is entitled to the use of any estate, or part thereof, and is willing to accept a gross sum in lieu thereof, or the party liable for such interest, or affected by such claim, has the right to pay a gross sum in lieu thereof, or if the court in any legal proceedings adjudge or decree a gross sum to be paid in lieu thereof, the sum shall be estimated according to the then value of an annuity of six percent on the principal sum during the probable life of such person, according to the following table, showing the present value, on the basis of six percent interest, of an annuity of one dollar, according to the Carlisle tables of mortality, payable at the end of every year that a person of a given age may be living for the ages therein stated: TABLE______________________________________________

| || | Age | Present value || Age | Present value ______________________________________________

| || | 0 | $10.439 || 52 | 10.208 1 | 12.078 || 53 | 9.988 2 | 12.925 || 54 | 9.761 3 | 13.652 || 55 | 9.524 4 | 14.042 || 56 | 9.280 5 | 14.325 || 57 | 9.027 6 | 14.460 || 58 | 8.772 7 | 14.518 || 59 | 8.529 8 | 14.526 || 60 | 8.304 9 | 14.500 || 61 | 8.108 10 | 14.448 || 62 | 7.913 11 | 14.384 || 63 | 7.714 12 | 14.321 || 64 | 7.502 13 | 14.257 || 65 | 7.281 14 | 14.191 || 66 | 7.049 15 | 14.126 || 67 | 6.803 16 | 14.067 || 68 | 6.546 17 | 14.012 || 69 | 6.277 18 | 13.956 || 70 | 5.998 19 | 13.897 || 71 | 5.704 20 | 13.835 || 72 | 5.424 21 | 13.769 || 73 | 5.170 22 | 13.697 || 74 | 4.944 23 | 13.621 || 75 | 4.760 24 | 13.541 || 76 | 4.579 25 | 13.456 || 77 | 4.410 26 | 13.368 || 78 | 4.238 27 | 13.275 || 79 | 4.040 28 | 13.182 || 80 | 3.858 29 | 13.096 || 81 | 3.656 30 | 13.020 || 82 | 3.474 31 | 12.942 || 83 | 3.286 32 | 12.860 || 84 | 3.102 33 | 12.771 || 85 | 2.909 34 | 12.675 || 86 | 2.739 35 | 12.573 || 87 | 2.599 36 | 12.465 || 88 | 2.515 37 | 12.354 || 89 | 2.417 38 | 12.239 || 90 | 2.266 39 | 12.120 || 91 | 2.248 40 | 12.002 || 92 | 2.337 41 | 11.890 || 93 | 2.440 42 | 11.779 || 94 | 2.492 43 | 11.668 || 95 | 2.522 44 | 11.551 || 96 | 2.486 45 | 11.428 || 97 | 2.368 46 | 11.296 || 98 | 2.227 47 | 11.154 || 99 | 2.004 48 | 10.998 || 100 | 1.596 49 | 10.823 || 101 | 1.175 50 | 10.631 || 102 | 0.744 51 | 10.422 || 103 | 0.314 _____________________________________

(RSMo 1939 § 3522)

Prior revisions: 1929 § 3132; 1919 § 7547; 1909 § 8499