Example of how to use Table 11 to determine the value of the life estate:

Client is age 65 and current market value of the property is $100,000:

• Multiply the value of the property by the life estate value:

$100,000 X .67970 = $67,970 (Value of the life estate)

• Subtract the value of the property from the life estate value:

$100,000 - $67,970 = 32,030 (Uncompensated transfer)

Refer to Table 9 to determine the resource transfer penalty.