Exchange Currency

5 by 5 power in trust

A type of clause found in some trust documents that allows power to the beneficiary in the withdrawal of either $5,000 or 5 percent of the fair market value of that trust annually - whichever amount is more.

Related information about 5 by 5 power in trust:
  1. 5 By 5 Power In Trust Definition | Investopedia
    A common clause included in many trusts allowing for beneficiary withdrawals from the trust. Specifically, '5 by 5 Power' or the '5 by 5 clause', gives the ...
     
  2. 5 By 5 Power In Trust: Definition from Answers.com
    5 By 5 Power In Trust A common clause included in many trusts allowing for beneficiary withdrawals from the trust.
     
  3. What is 5 by 5 power in trust? definition and meaning
    Definition of 5 by 5 power in trust: A type of clause found in some trust documents that allows power to the beneficiary in the withdrawal of either $5000 or 5 ...
     
  4. What is trust? definition and meaning
    ... trustee's deed · Financial Asset Securitisation Investment Trust · trust deed · crummey trust · 5 by 5 power in trust · inter vivos trust · living trust · rabbi trust ...
     
  5. What is 5 C's of credit? definition and meaning
    5 C's of credit. 5 by 5 power in trust · 501-(C)(3) bond. Definition. The five key elements a borrower should have to obtain credit: character (integrity), capacity ...
     
  6. What is 4868 Form? definition and meaning
    4868 Form. 457 plan · 5 by 5 power in trust. Definition. Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. This form is used to ...
     
  7. Browse InvestorWords.com: Law & Estate Planning terms
    5 by 5 power in trust · abeyance · abstract of title · Academy Of Financial Divorce Practitioners · accept · Accounting and Auditing Organization for Islamic ...
     
  8. Subjectmoney.com - Financial Dictionary, Financial Articles ...
    5 by 5 Power In Trust · 5-1 Hybrid Adjustable-Rate Mortgage - 5-1 Hybrid ARM · 5 -6 Hybrid Adjustable-Rate Mortgage - 5-6 Hybrid ARM · 500 Investor Rule ...