103 KAR 2:005. Life expectancy table.
RELATES TO: KRS 140.100
STATUTORY AUTHORITY: KRS Chapter 13A
NECESSITY, FUNCTION, AND CONFORMITY: KRS 140.100(2) requires the application of the appropriate United States life mortality tables when ascertaining the value of a future, contingent or limited estate, income or interest which includes life estates and annuities. The purpose of this administrative regulation is to establish the appropriate United States life mortality table as required by KRS 140.100(2).
Section 1. The United States Decennial Life Tables for the period 1979-81 published by the United States Department of Health and Human Services, National Center for Health Statistics, shall be utilized when computing the value of a beneficiary's life estate, annuity, remainder interest or any other interest in the estate which is based on the life expectancy of the beneficiary or some other person.
Section 2. Table 1, Life Table for the Total Population: United States, 1979-81, as published in Volume 1, Number 1, United States Decennial Life Tables for 1979-81, shall be the appropriate table from within the various tables printed and published in the decennial life tables when computed an interest as specified in Section 1 of this administrative regulation for inheritance tax purposes.
Section 3. Pursuant to Section 2 of this administrative regulation, the following table represents the average number of years remaining at the beginning of the age listed:
|
Age |
Average Remaining Lifetime |
|
0 |
73.88 |
|
1 |
73.82 |
|
2 |
72.89 |
|
3 |
71.93 |
|
4 |
70.97 |
|
5 |
70.00 |
|
6 |
69.02 |
|
7 |
68.05 |
|
8 |
67.07 |
|
9 |
66.08 |
|
10 |
65.10 |
|
11 |
64.11 |
|
12 |
63.12 |
|
13 |
62.14 |
|
14 |
61.16 |
|
15 |
60.19 |
|
16 |
59.24 |
|
17 |
58.28 |
|
18 |
57.34 |
|
19 |
56.40 |
|
20 |
55.46 |
|
21 |
54.53 |
|
22 |
53.60 |
|
23 |
52.67 |
|
24 |
51.74 |
|
25 |
50.81 |
|
26 |
49.87 |
|
27 |
48.94 |
|
28 |
48.00 |
|
29 |
47.06 |
|
30 |
46.12 |
|
31 |
45.18 |
|
32 |
44.24 |
|
33 |
43.30 |
|
34 |
42.36 |
|
35 |
41.43 |
|
36 |
40.49 |
|
37 |
39.56 |
|
38 |
38.63 |
|
39 |
37.71 |
|
40 |
36.79 |
|
41 |
35.87 |
|
42 |
34.96 |
|
43 |
34.06 |
|
44 |
33.16 |
|
45 |
32.27 |
|
46 |
31.39 |
|
47 |
30.51 |
|
48 |
29.65 |
|
49 |
28.79 |
|
50 |
27.94 |
|
51 |
27.10 |
|
52 |
26.28 |
|
53 |
25.46 |
|
54 |
24.65 |
|
55 |
23.85 |
|
56 |
23.06 |
|
57 |
22.29 |
|
58 |
21.52 |
|
59 |
20.76 |
|
60 |
20.02 |
|
61 |
19.29 |
|
62 |
18.58 |
|
63 |
17.88 |
|
64 |
17.19 |
|
65 |
16.51 |
|
66 |
15.85 |
|
67 |
15.20 |
|
68 |
14.56 |
|
69 |
13.93 |
|
70 |
13.32 |
|
71 |
12.72 |
|
72 |
12.14 |
|
73 |
11.58 |
|
74 |
11.02 |
|
75 |
10.48 |
|
76 |
9.95 |
|
77 |
9.44 |
|
78 |
8.93 |
|
79 |
8.45 |
|
80 |
7.98 |
|
81 |
7.53 |
|
82 |
7.11 |
|
83 |
6.70 |
|
84 |
6.32 |
|
85 |
5.96 |
|
86 |
5.61 |
|
87 |
5.29 |
|
88 |
4.99 |
|
89 |
4.70 |
|
90 |
4.43 |
|
91 |
4.17 |
|
92 |
3.93 |
|
93 |
3.71 |
|
94 |
3.51 |
|
95 |
3.34 |
|
96 |
3.19 |
|
97 |
3.05 |
|
98 |
2.93 |
|
99 |
2.82 |
|
100 |
2.73 |
|
101 |
2.64 |
|
102 |
2.57 |
|
103 |
2.50 |
|
104 |
2.44 |
|
105 |
2.38 |
|
106 |
2.33 |
|
107 |
2.29 |
|
108 |
2.24 |
|
109 |
2.20 |
(16 Ky.R. 2614; eff. 7-12-90; Recodified from 103 KAR 7:025, 10-12-2006.)