In 2019, the Pa. Department of Revenue published in the Pa. Bulletin a table of life estate and remainder factors to be used to determine the present value of a life estate or remainder that is being transferred subject to … Continue reading
Tag Archives: Remainder
When there is a transfer of a residence or other real estate with a retained life estate (which is usually not recommended, because it does not avoid any inheritance tax and can restrict the ability of the transferor to sell … Continue reading
In addition to the domain change that has been announced for Webcalculators, two new calculators have been added: Factors to determine the present value of the income interest and remainder for terms of years, one life, two lives, and the shorter … Continue reading