                                 CODE OF VIRGINIA

ANNUITY TABLE (§ 55.1-500)

When a party as tenant for life is entitled to the annual interests on a sum of
money, or is entitled to the use of any estate, or a 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 proceeding orders a gross sum to be paid
in lieu thereof, the sum shall be estimated according to the then value of an
annuity of eight percent on the principal sum during the probable life of such
person, according to the following table, showing in Column I the present value,
on the basis of eight percent interest, of an annuity of $1, payable at the end
of every year that a person of a given age may be living, for the ages therein
stated:
		PRESENT VALUE

HISTORY: 1973, c. 355, § 55-269.1; 1981, c. 612; 1990, c. 831; 2019, c. 712.