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OCR: Form 706 [Rev 6.93 Part l1 Grandfather Election Was grandfather election made on a previously filed Farm 53297 ] Yes No If "Yes complete lines belcw. You may noi make or revoke the grandtather election after the due date {with extensions) for fiting the decedent's 1988 income tax return tf "No enter -0 line and skip Part III Initial grandfather amount Total amount previously recoverec Remaining unused grand ather amount (subtract line 3 from line Enter here and on Part I, line 14. uo page 0 Part Computation of Hypothetical Life Annuity Decedent's attained age a date of death {in whole years rounded [umop Applicable annual annuity amount (see instructions) 150 000 Present value multiplier (see instructions) 8.5505 Present value of hypothetical life annuity {multiply line 2 by line 31. Ente ...