Fair Market Value - Law Dictionary Search Results
Fair market value
Matched in: Term Fair market value
fair market value
Matched in: Term fair market value
value
Matched in: Term value
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basis
period when payment is received or made called also cash method 3 : the value (as cost or fair market value) of an asset used in calculating capital gains or losses for income tax purposes adjusted basis : the … fee) stepped-up basis [stept-əp-] : a basis (as a carryover or cost basis) that is increased (as to fair market value) by other than an improvement or depreciation adjustment sub·sti·tut·ed basis : the basis of property received in exchange
fair value
Matched in: Term fair value
true value
Matched in: Term true value
actual cash value
Matched in: Term actual cash value
County Courts
a year, and actions iin which the title to any corporeal or incorporeal hereditaents, or to any toll, fair, market, or franchise shall come in question' (ss. 40, 48). Also all actions by creditors or legtees for administration … is notmore than 100l. except libel, slander, seduction, or breach of promise of marriage, ejectment where either the value of the lands or the rent exceeds 100l. a year, and actions iin which the title to any
trust
trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market value of the original principal over the course of a specified period after which the remaining principal passes to
alternate valuation
alternate valuation : the appraisal of a deceased person's gross estate at the fair market value six months after the person's death
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