This bid is for actuarial services to update a multiple life estate Excel calculator for a project at 501 High Street, Frankfort, KY 40601.
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What the job is
Deliverable: Update the existing Excel worksheet to calculate multiple life estate factors and applicable inheritance tax.
Life expectancy data: Use the current National Center for Health Statistics “Table 1. Life Table for Total Population: United States” prescribed as of January 1.
Scenarios: Cover eight configurations: two-life successive and joint survivorship; three-life successive and joint survivorship, life interest followed by joint survivorship or equal life interests, and joint survivorship followed by a third life interest; and four-life joint survivorship.
Pricing: Include activity descriptions and hourly rates for actuarial services and clerical support.