Quitclaim Deed/Trust

[LdiJ]

Let's wait for the actual will or trust wording ....

A more problematic issue( very rough ) is that IF we jump ahead and presume a valid life estate ...and plug in say 56 as tenants age , then that suggests a mere 21% of value rests with trust as remainderman ....and roughly 20% of 700,000 / 7 is a modest $20,000 slice to each benificiary of paper value ....granted I'd still be royally annoyed and then some if trustee bungled my $20,000 value share .

Where do you come up with the formula for those figures? I have never seen a life estate that was valued at 4 times the remaindermen's shares. I am not saying that it cannot happen, but I would really like to know the formula you used.