Question 615670: My Estate of $250,000.00 is divided for 7 people, 40%, (35%), 6%, 6%, 5%, 5%, 3%.
If one passes away first, say the 35%, how do I figure, by initial value of the others, what each of the others gain from the $87,500
Thank you
AMT.
Answer by MathTherapy(10858)   (Show Source):
You can put this solution on YOUR website! My Estate of $250,000.00 is divided for 7 people, 40%, (35%), 6%, 6%, 5%, 5%, 3%.
If one passes away first, say the 35%, how do I figure, by initial value of the others, what each of the others gain from the $87,500
Thank you
AMT.
If the 35% share is divided among the remaining 6 people, then:
Person with 40%: Increase of 21.54% to 61.54%, or $153,846.09
Person with 6%: Increase of 3.23% to 9.23%, or $23,076.91
Person with 6%: Increase of 3.23% to 9.23%, or $23,076.91
Person with 5%: Increase of 2.69% to 7.69%, or $19,230.76
Person with 5%: Increase of 2.69% to 7.69%, or $19,230.76
Person with 3%: Increase of 1.62% to 4.62%, or $11,538.46
Total distribution: $249,999.89
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