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.
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- 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 ...
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5 By 5 Power In Trust A common clause included in many trusts allowing for beneficiary withdrawals from the trust.
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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 ...
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