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Value of Life Estate and Obligations-

Florida |

How do you determine the value of a Life Estate and what are the Financial, Rules/Guidelines and Legal obligations ?

Attorney Answers 1


  1. One method of determining a life estate value is to use a table developed by the IRS.
    Theses tables can be found on the web site-irs.gov
    The table is based on life expectancy and value of the property involved.
    This method can be used to devalue the value of property or the value of a gift.