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§ 55-1-500 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 55-1-500

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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:\nPRESENT VALUE\n---------------------------------------------------------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

\n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

n---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

\n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

n---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------------\nAge last birthday\nI life\nII lives\nLess than one

----------------------\nAge last birthday\nI life\nII lives\nLess than one

---------------------\nAge last birthday\nI life\nII lives\nLess than one

--------------------\nAge last birthday\nI life\nII lives\nLess than one

-------------------\nAge last birthday\nI life\nII lives\nLess than one

------------------\nAge last birthday\nI life\nII lives\nLess than one

-----------------\nAge last birthday\nI life\nII lives\nLess than one

----------------\nAge last birthday\nI life\nII lives\nLess than one

---------------\nAge last birthday\nI life\nII lives\nLess than one

--------------\nAge last birthday\nI life\nII lives\nLess than one

-------------\nAge last birthday\nI life\nII lives\nLess than one

------------\nAge last birthday\nI life\nII lives\nLess than one

-----------\nAge last birthday\nI life\nII lives\nLess than one

----------\nAge last birthday\nI life\nII lives\nLess than one

---------\nAge last birthday\nI life\nII lives\nLess than one

--------\nAge last birthday\nI life\nII lives\nLess than one

-------\nAge last birthday\nI life\nII lives\nLess than one

------\nAge last birthday\nI life\nII lives\nLess than one

-----\nAge last birthday\nI life\nII lives\nLess than one

----\nAge last birthday\nI life\nII lives\nLess than one

---\nAge last birthday\nI life\nII lives\nLess than one

--\nAge last birthday\nI life\nII lives\nLess than one

-\nAge last birthday\nI life\nII lives\nLess than one

\nAge last birthday\nI life\nII lives\nLess than one

nAge last birthday\nI life\nII lives\nLess than one

Age last birthday\nI life\nII lives\nLess than one

ge last birthday\nI life\nII lives\nLess than one

e last birthday\nI life\nII lives\nLess than one

last birthday\nI life\nII lives\nLess than one

last birthday\nI life\nII lives\nLess than one

ast birthday\nI life\nII lives\nLess than one

st birthday\nI life\nII lives\nLess than one

t birthday\nI life\nII lives\nLess than one

birthday\nI life\nII lives\nLess than one

birthday\nI life\nII lives\nLess than one

irthday\nI life\nII lives\nLess than one

rthday\nI life\nII lives\nLess than one

thday\nI life\nII lives\nLess than one

hday\nI life\nII lives\nLess than one

day\nI life\nII lives\nLess than one

ay\nI life\nII lives\nLess than one

y\nI life\nII lives\nLess than one

\nI life\nII lives\nLess than one

nI life\nII lives\nLess than one

I life\nII lives\nLess than one

life\nII lives\nLess than one

life\nII lives\nLess than one

ife\nII lives\nLess than one

fe\nII lives\nLess than one

e\nII lives\nLess than one

\nII lives\nLess than one

nII lives\nLess than one

II lives\nLess than one

I lives\nLess than one

lives\nLess than one

lives\nLess than one

ives\nLess than one

ves\nLess than one

es\nLess than one

s\nLess than one

\nLess than one

nLess than one

Less than one

ess than one

ss than one

s than one

than one

than one

han one

an one

n one

one

one

ne

e

year\n12.060\n11.670\n1\n12.291\n12.124\n2\n12.291\n12.127\n3\n12.286\n12.120\n4\n12.278\n12.107\n5\n12.267\n12.091\n6\n12.256\n12.071\n7\n12.242\n12.049\n8\n12.227\n12.024\n9\n12.211\n11.996\n10\n12.192\n11.965\n11\n12.171\n11.930\n12\n12.149\n11.892\n13\n12.125\n11.852\n14\n12.102\n11.812\n15\n12.078\n11.773\n16\n12.055\n11.736\n17\n12.032\n11.701\n18\n12.010\n11.666\n19\n11.988\n11.632\n20\n11.964\n11.596\n21\n11.939\n11.559\n22\n11.913\n11.521\n23\n11.886\n11.480\n24\n11.857\n11.437\n25\n11.824\n11.389\n26\n11.789\n11.336\n27\n11.751\n11.278\n28\n11.709\n11.215\n29\n11.664\n11.148\n30\n11.615\n11.075\n31\n11.564\n10.998\n32\n11.510\n10.917\n33\n11.452\n10.831\n34\n11.391\n10.741\n35\n11.326\n10.645\n36\n11.258\n10.545\n37\n11.186\n10.440\n38\n11.110\n10.331\n39\n11.031\n10.217\n40\n10.948\n10.098\n41\n10.861\n9.975\n42\n10.770\n9.847\n43\n10.675\n9.714\n44\n10.576\n9.576\n45\n10.473\n9.434\n46\n10.365\n9.288\n47\n10.254\n9.138\n48\n10.138\n8.983\n49\n10.018\n8.824\n50\n9.893\n8.661\n51\n9.764\n8.493\n52\n9.631\n8.322\n53\n9.493\n8.147\n54\n9.352\n7.970\n55\n9.207\n7.790\n56\n9.057\n7.608\n57\n8.904\n7.423\n58\n8.747\n7.237\n59\n8.586\n7.048\n60\n8.421\n6.856\n61\n8.252\n6.662\n

\n51\n9.764\n8.493\n52\n9.631\n8.322\n53\n9.493\n8.147\n54\n9.352\n7.970\n55\n9.207\n7.790\n56\n9.057\n7.608\n57\n8.904\n7.423\n58\n8.747\n7.237\n59\n8.586\n7.048\n60\n8.421\n6.856\n61\n8.252\n6.662\n62\n8.078\n6.466\n63\n7.900\n6.267\n64\n7.718\n6.067\n65\n7.532\n5.865\n66\n7.343\n5.663\n67\n7.150\n5.460\n68\n6.954\n5.256\n69\n6.755\n5.052\n70\n6.552\n4.847\n71\n6.345\n4.640\n72\n6.134\n4.431\n73\n5.920\n4.222\n74\n5.705\n4.015\n75\n5.491\n3.812\n76\n5.279\n3.615\n77\n5.069\n3.424\n78\n4.861\n3.239\n79\n4.654\n3.057\n80\n4.448\n2.879\n81\n4.244\n2.706\n82\n4.044\n2.538\n83\n3.846\n2.376\n84\n3.652\n2.217\n85\n3.459\n2.061\n86\n3.272\n1.911\n87\n3.097\n1.774\n88\n2.934\n1.651\n89\n2.780\n1.537\n90\n2.630\n1.426\n91\n2.485\n1.319\n92\n2.350\n1.220\n93\n2.227\n1.131\n94\n2.118\n1.053\n95\n2.024\n0.986\n96\n1.943\n0.931\n97\n1.873\n0.885\n98\n1.811\n0.845\n99\n1.754\n0.810\n100\n1.701\n0.779\n101\n1.651\n0.751\n102\n1.602\n0.726\n103\n1.550\n0.703\n104\n1.492\n0.682\n105\n1.420\n0.661\n106\n1.322\n0.637\n107\n1.178\n0.602\n108\n0.955\n0.535\n109\n0.595\n0.383\n1973, c. 355, § 55-269.1; 1981, c. 612; 1990, c. 831; 2019, c. 712.