fairmarket value
1fairmarket value — fair market value n. The price, as of a commodity or service, at which both buyers and sellers agree to do business. * * * …
25 By 5 Power In Trust — 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 beneficiary power to withdraw the greater of: a) $5,000 or b) 5% of the trust s fairmarket… …
