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<a href="https://www.irs.gov/pub/irs-pdf/p1457.pdf">https://www.irs.gov/pub/irs-pdf/p1457.pdf</a><br>
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<blockquote type="cite">On Sep 16, 2021, at 11:37 AM, deborah@neillaw.com wrote:<br>
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<div dir="ltr"> Thank you!<br class="">
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Deborah Jameson</div>
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<i class=""><i class="">(</i>Pronouns: she/her/hers)</i></div>
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</i>Neil & Neil, P.S.<br class="">
5302 Pacific Avenue<br class="">
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253-475-8600<br class="">
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If your matter is urgent, please call my office. Also, this message is not encrypted and it may not be secure or protected by attorney-client privilege.<br class="">
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<div class="">On Sep 16, 2021, at 11:29 AM, Diane J. Kiepe <<a href="mailto:DJKiepe@depdslaw.com" class="">DJKiepe@depdslaw.com</a>> wrote:</div>
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<span style="font-size: 16pt;" class="">Hello<span class="Apple-converted-space"> </span><o:p class=""></o:p></span></div>
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<span style="font-size: 16pt;" class=""><o:p class=""> </o:p></span></div>
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<span style="font-size: 16pt;" class="">The IRS publishes actuarial charts with information required to calculate a life estates; the calculation is based on life expectancy and the AFR applicable at the time of transfer. It’s been a while since I have ran
this calculation but if you don’t find what you’re looking for, feel free to reach out to me.<o:p class=""></o:p></span></div>
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<span style="font-size: 16pt;" class=""><o:p class=""> </o:p></span></div>
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<i class=""><span style="font-family: "Script MT Bold";" class="">Diane J. Kiepe<o:p class=""></o:p></span></i></div>
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<i class=""><span style="font-family: "Script MT Bold";" class=""><o:p class=""> </o:p></span></i></div>
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Diane J. Kiepe<o:p class=""></o:p></div>
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Douglas Eden<o:p class=""></o:p></div>
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717 W. Sprague Ave.<o:p class=""></o:p></div>
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Suite 1500<o:p class=""></o:p></div>
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Spokane, WA 99201<o:p class=""></o:p></div>
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<a href="mailto:djkiepe@depdslaw.com" class="">djkiepe@depdslaw.com</a><o:p class=""></o:p></div>
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509-455-5300<o:p class=""></o:p></div>
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<b class="">From:</b><span class="Apple-converted-space"> </span><a href="mailto:wsbapt-bounces@lists.wsbarppt.com" class="">wsbapt-bounces@lists.wsbarppt.com</a><span class="Apple-converted-space"> </span><<a href="mailto:wsbapt-bounces@lists.wsbarppt.com" class="">wsbapt-bounces@lists.wsbarppt.com</a>><span class="Apple-converted-space"> </span><b class="">On
Behalf Of<span class="Apple-converted-space"> </span></b><a href="mailto:deborah@neillaw.com" class="">deborah@neillaw.com</a><br class="">
<b class="">Sent:</b><span class="Apple-converted-space"> </span>Thursday, September 16, 2021 11:11 AM<br class="">
<b class="">To:</b><span class="Apple-converted-space"> </span>WSBA Real Property Listserv <<a href="mailto:wsbarp@lists.wsbarppt.com" class="">wsbarp@lists.wsbarppt.com</a>><br class="">
<b class="">Cc:</b><span class="Apple-converted-space"> </span><a href="mailto:wsbapt@lists.wsbarppt.com" class="">wsbapt@lists.wsbarppt.com</a><br class="">
<b class="">Subject:</b><span class="Apple-converted-space"> </span>[WSBAPT] [WSBARP] Valuing a Life Estate Interest<o:p class=""></o:p></div>
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Hello,<o:p class=""></o:p></div>
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I have a situation where a person has a life estate in property held by a trust. The additional money in the trust is not sufficient to pay for the property long-term and the trustee is considering selling the property. As a part of that transaction, we would
want to know the value of the life estate interest so we could reach some agreement with the beneficiaries (post life estate). <o:p class=""></o:p></div>
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I saw something on the internet about valuing a life estate, but I thought it would be wise to see if anyone has a person or chart to recommend for valuing life estates.<o:p class=""></o:p></div>
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<o:p class=""> </o:p></div>
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Thank you.<o:p class=""></o:p></div>
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<span style="" class=""><br class="">
Deborah Jameson<o:p class=""></o:p></span></div>
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<i class=""><span style="" class="">(Pronouns: she/her/hers)</span></i><span style="" class=""><o:p class=""></o:p></span></div>
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<p class="MsoNormal" style="margin: 0in 0in 12pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<i class=""><span style="" class=""><br class="">
</span></i><span style="" class="">Neil & Neil, P.S.<br class="">
5302 Pacific Avenue<br class="">
Tacoma, WA 98408<br class="">
253-475-8600<br class="">
253-473-5746 FAX<br class="">
<br class="">
If your matter is urgent, please call my office. Also, this message is not encrypted and it may not be secure or protected by attorney-client privilege.<o:p class=""></o:p></span></p>
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<o:p class=""> </o:p></div>
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