Tiger Tables 2009

St. Louis attorney Larry Katzenstein's Tiger Tables for Windows will calculate a wide variety of actuarial factors. Tiger Tables has been completely revised with the new mortality data which is effective May 1, 2009.  Click on one of the links at the left on this page to download a free demo or to order Tiger Tables.

The program acquired a completely new look in 2006.  Besides an improved look and feel, and all of the new features added since 1999, the 2006 and now the 2009 version featured several totally new and useful features: Download the demo and take a look at them! New features added in 2006 included:

1. Complete help screens for every page. See author Larry Katzenstein's explanations of the techniques and find help for every entry or answer field; and
2. Automatic, in the background updating of section 7520 rates. If a charitable deduction is involved, Tiger Tables will provide a range of three months' rates and recommend the best rate.

Other new features: the private annuity calculator will now calculate private annuities which are deferred or graduated (or both). Charitable lead trusts have been added. The lead annuity trust calculator will calculate the value of an annuity in an eroding corpus trust as provided in the section 7520 regulations (wrong as the author believes those regulations to be!) Variable annuity ("shark fin") charitable lead trusts have been added.  The includible amount of a trust with a retained annuity or unitrust interest can now be calculated with Tiger Tables.

Among the most often used factors calculated by Tiger Tables are the following:

Qualified Personal Residence Trust.

Qualified Personal Residence Trust calculator allows direct input of dollar amounts for the value of the residence and produces printouts suitable for client conferences.

Grantor Retained Annuity Trusts (GRATs).

Grantor Retained Annuity Trust (GRAT) calculator allows the user to calculate the GRAT gift taking into account mortality or ignoring mortality, and taking into account trust exhaustion per Revenue Ruling 77-454 or ignoring trust exhaustion. GRATs can also be calculated on a graduated basis as permitted by the regulations. The GRAT calculator permits input of an assumed rate of growth so you can see how your trust would perform at various assumed growth rates. The GRAT calculator alone will be worth the cost of the new program for many users.

Charitable Factors.

The charitable factors calculator allows direct input of dollar amounts for calculation of the remainder interests in an annuity trust, unitrust, pooled income fund, personal residence with reserved life estate and so forth. Most of these factors can be calculated for up to 10 lives. The gift annuity calculator will calculate both current and deferred gift annuities, including the charitable deduction, the excluded portion of each annuity payment and, if appreciated property is used to purchase the annuity, the capital gain reportable each year over the life of the annuitant. The charitable lead annuity trust calculator calculates the value of an annuity taking into account the eroding corpus rule of the section 7520 regulations.

A complete listing of Tiger Tables calculations follows:

1. Annuity, life estate and remainder factors for from one to ten lives
2. Term of years annuity, term and remainder factors
3. Charitable contribution of gift of a remainder in a personal residence or farm with reserved legal life estate--one or two lives
4. Charitable unitrust deduction and factors for from one to ten lives
5. Charitable unitrust deduction and factors for terms of years
6. Charitable unitrust deduction and factors for the shorter of a life or lives or a term of years.
7. Charitable annuity trust deductions and factors for from one to ten lives
8. Charitable annuity trust deduction and factors for terms of years
9. Charitable annuity trust deductions and factors for the shorter of a life or lives or a term of years
10. Pooled income fund contribution deduction and factors for from one to ten lives
11. Charitable gift annuities for one or two lives
12. Deferred charitable gift annuities for one or two lives
13. Charitable lead trusts
14. Charitable remainder trusts
15. 5% probability of exhaustion test for a charitable remainder annuity trust
16. Grantor retained annuity trust (GRAT) computations
17. Qualified personal residence trust (QPRT) computations
18. Life expectancy calculation for one or two lives
19. The value of income or an annuity for a term of X years or until the prior death of a person aged Y
20. The value of income or an annuity for a term of X years or until the first to die of two persons aged Y and Z
21. The value of income or an annuity for a term of X years or until the last to die of two persons aged Y and Z
22. The worth of $1.00 due at the death of a person aged X if the death occurs within Y years
23. The probability of survival from age X to age Y
24. The value at age X of the right to receive $1.00 at age Y
25. A table of L(x) mortality values
26. The value of an income beneficiary's interest in a trust where the beneficiary also holds a 5 and 5 power of withdrawal
27. Commutation Tables--D-,M-,N- and R-factors
28. Self-Cancelling installment note calculation of interest or principal risk premium
29. The probability one person will survive another person.
30. The value of $1.00 at the death of Y if X survives Y.
31. Private annuities.
32. Nearest age calculator.
33. Includible amount of a trust with a retained annuity or unitrust interest.
34. Interrelated estate tax calculator (also works if tax not interrelated) with rates and exemptions through 2009.
35. Amortization schedules...solves for any variable (payment, principal amount, interest rate or term).  Print a complete amortization table or a year by year summary.

Cost

The cost of Tiger Tables is only $299.00 for a single user. (Everyone pays this.) If Tiger Tables is installed on a network, the site license fee is an additional $50.00 for each user in excess of one.

System Requirements

Modest. You'll need Windows (no Mac version is available) and about 5 Mgb of space on your hard drive for the download file. The fully installed program requires less.