Code of Virginia — Title 55.1 (Property and Conveyances), Chapter 5 (Commutation and Valuation of Certain Estates and Interests)
§ 55.1-504. Makehamized mortality table.
When more than two parties as joint tenants for life, or three or more parties as tenants in successive estates, are entitled to the annual interest on a sum of money, or are entitled to the use of any estate, or a part thereof, and are 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 lives of such persons. Probable lives shall be computed from the Makehamized mortality table for total population in the United States, 1969-1971, published by the Bureau of the Census of the Department of Commerce.

a	X	Ax	Axx	Axxx	Axxxx	Cx
b	0	12.060	11.670	11.305	10.958	1.000
c	1	12.291	12.124	11.973	11.832	1.147
d	2	12.291	12.127	11.979	11.843	1.315
e	3	12.286	12.120	11.971	11.834	1.508
f	4	12.278	12.107	11.956	11.816	1.730
g	5	12.267	12.091	11.934	11.791	1.984
h	6	12.256	12.071	11.909	11.760	2.275
i	7	12.242	12.049	11.879	11.724	2.609
j	8	12.227	12.024	11.846	11.684	2.992
k	9	12.211	11.996	11.809	11.638	3.431
l	10	12.192	11.965	11.766	11.587	3.935
m	11	12.171	11.930	11.720	11.529	4.512
n	12	12.149	11.892	11.668	11.466	5.175
o	13	12.125	11.852	11.615	11.401	5.935
p	14	12.102	11.812	11.562	11.336	6.806
q	15	12.078	11.773	11.510	11.274	7.805
r	16	12.055	11.736	11.462	11.215	8.951
s	17	12.032	11.701	11.416	11.162	10.265
t	18	12.010	11.666	11.373	11.111	11.772
u	19	11.988	11.632	11.330	11.062	13.501
v	20	11.964	11.596	11.286	11.011	15.483
w	21	11.939	11.559	11.240	10.959	17.756
x	22	11.913	11.521	11.193	10.905	20.362
y	23	11.886	11.480	11.144	10.850	23.352
z	24	11.857	11.437	11.091	10.789	26.780
aa	25	11.824	11.389	11.032	10.723	30.712
ab	26	11.789	11.336	10.968	10.649	35.221
ac	27	11.751	11.278	10.896	10.567	40.392
ad	28	11.709	11.215	10.818	10.478	46.321
ae	29	11.664	11.148	10.734	10.382	53.122
af	30	11.615	11.075	10.645	10.279	60.921
ag	31	11.564	10.998	10.550	10.171	69.865
ah	32	11.510	10.917	10.450	10.056	80.122
ai	33	11.452	10.831	10.344	9.936	91.885
aj	34	11.391	10.741	10.233	9.809	105.375
ak	35	11.326	10.645	10.117	9.677	120.845
al	36	11.258	10.545	9.995	9.539	138.586
am	37	11.186	10.440	9.868	9.396	158.932
an	38	11.110	10.331	9.735	9.247	182.266
ao	39	11.031	10.217	9.599	9.094	209.024
ap	40	10.948	10.098	9.457	8.936	239.712
aq	41	10.861	9.975	9.311	8.773	274.904
ar	42	10.770	9.847	9.159	8.605	315.263
as	43	10.675	9.714	9.002	8.432	361.548
at	44	10.576	9.576	8.841	8.256	414.627
au	45	10.473	9.434	8.677	8.076	475.500
av	46	10.365	9.288	8.508	7.893	545.309
aw	47	10.254	9.138	8.336	7.707	625.367
ax	48	10.138	8.983	8.160	7.517	717.178
ay	49	10.018	8.824	7.979	7.234	822.468
az	50	9.893	8.661	7.796	7.129	943.217
ba	51	9.764	8.493	7.608	6.930	1081.692
bb	52	9.631	8.322	7.418	6.730	1240.497
bc	53	9.493	8.147	7.226	6.529	1422.617
bd	54	9.352	7.970	7.033	6.328	1631.475
be	55	9.207	7.790	6.838	6.127	1870.995
bf	56	9.057	7.608	6.643	5.927	2145.679
bg	57	8.904	7.423	6.447	5.727	2460.691
bh	58	8.747	7.237	6.250	5.529	2821.950
bi	59	8.586	7.048	6.053	5.331	3236.246
bj	60	8.421	6.856	5.855	5.133	3711.365
bk	61	8.252	6.662	5.656	4.936	4256.238
bl	62	8.078	6.466	5.457	4.740	4881.105
bm	63	7.900	6.267	5.257	4.544	5597.710
bn	64	7.718	6.067	5.056	4.349	6419.521
bo	65	7.532	5.865	4.857	4.157	7361.984
bp	66	7.343	5.663	4.659	3.967	8442.811
bq	67	7.150	5.460	4.462	3.780	9682.318
br	68	6.954	5.256	4.266	3.596	11103.798
bs	69	6.755	5.052	4.072	3.414	12733.969
bt	70	6.552	4.847	3.879	3.234	14603.468
bu	71	6.345	4.640	3.685	3.055	16747.432
bv	72	6.134	4.431	3.490	2.875	19206.157
bw	73	5.920	4.222	3.296	2.697	22025.851
bx	74	5.705	4.015	3.106	2.523	25259.510
by	75	5.491	3.812	2.922	2.356	28967.909
ba	76	5.279	3.615	2.745	2.197	33220.746
ca	77	5.069	3.424	2.577	2.047	38097.950
cb	78	4.861	3.239	2.415	1.905	43691.186
cc	79	4.654	3.057	2.258	1.768	50105.577
cd	80	4.448	2.879	2.106	1.636	57461.677
ce	81	4.244	2.706	1.959	1.509	65897.740
cf	82	4.044	2.538	1.818	1.389	75572.319
cg	83	3.846	2.376	1.684	1.276	86667.243
ch	84	3.652	2.217	1.554	1.166	99391.034
ci	85	3.459	2.061	1.425	1.058	113982.830
cj	86	3.272	1.911	1.302	0.955	130716.878
ck	87	3.097	1.774	1.192	0.863	149907.684
cl	88	2.934	1.651	1.095	0.784	171915.931
cm	89	2.780	1.537	1.007	0.713	197155.252
cn	90	2.630	1.426	0.922	0.645	226100.009
co	91	2.485	1.319	0.839	0.579	259294.204
cp	92	2.350	1.220	0.763	0.519	297361.704
cq	93	2.227	1.131	0.695	0.465	341017.971
cr	94	2.118	1.053	0.636	0.419	391083.501
cs	95	2.024	0.986	0.586	0.380	448499.252
ct	96	1.943	0.931	0.546	0.349	514344.324
cu	97	1.873	0.885	0.512	0.324	589856.243
cv	98	1.811	0.845	0.484	0.302	676454.218
cw	99	1.754	0.810	0.459	0.284	775765.815
cx	100	1.701	0.779	0.437	0.268	889657.545
cy	101	1.651	0.751	0.417	0.254	1020269.949
cz	102	1.602	0.726	0.400	0.241	1170057.821
da	103	1.550	0.703	0.385	0.230	1341836.349
db	104	1.492	0.682	0.372	0.221	1538834.028
dc	105	1.420	0.661	0.359	0.212	1764753.329
dd	106	1.322	0.637	0.348	0.205	2023840.295
de	107	1.178	0.602	0.335	0.197	2320964.336
df	108	0.955	0.535	0.312	0.188	2661709.752
dg	109	0.595	0.383	0.246	0.158	3052480.684

Example: Three persons, ages 30, 40, and 45, are joint tenants for life in the whole of an estate worth $10,500: the equivalent equal age, w, of these three persons is given by the following formula:

a

C30 + C40 + C45
b	Cw	=	---------------------	=	258.711 where
c

3

C30, C40, and C45 are found in column 6 of the above table.

A linear interpolation between x = 40 and x = 41 in the above table would yield the value of x = 40.540, which would be the equivalent equal age of the persons involved.

Finally, a linear interpolation between x = 40 and x = 41 would yield the value of A = 9.378 40.540:40.540:40.540.

This figure multiplied by $840 (the interest at eight percent on $10,500) gives $7,877.52 as the gross value of the joint life estate of such persons.

1946, p. 557; Michie Suppl. 1946, § 5133a3; Code 1950, § 55-274; 1973, c. 355; 1981, c. 612; 2019, c. 712.