Mo. Rev. Stat. § 442.530

Current with changes from the 2023 Legislative Session

Section 442.530 - Value of life estates - how computed

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

§ 442.530, RSMo

RSMo 1939 § 3522

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