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System and methods for computing to support decomposing property into separately valued components

  • US 5,802,501 A
  • Filed: 01/12/1994
  • Issued: 09/01/1998
  • Est. Priority Date: 10/28/1992
  • Status: Expired due to Term
First Claim
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1. A computer apparatus for changing digital electrical signals to separately value components temporally decomposed from property, the computer apparatus including:

  • an input device operable for converting input data representing property into input digital electrical signals representing the input data;

    a digital electrical computer having a processor, the processor electrically connected to the input device to receive the input digital electrical signals, the processor programmed to change the input digital electrical signals to produce modified digital electrical signals representing a separate market-based valuation, including taxation, of each of a plurality of components temporally decomposed from the property, the components including a term interest and a remainder interest;

    a memory electrically connected to the processor; and

    wherein;

    the processor manipulates further digital electrical signals to generate at least one document for one of the components by inserting at least one of the valuations in preexisting text data obtained from the memory; and

    an output device electrically connected to the processor to print the document.

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