Buffalo Trusts Lawyer, Oklahoma

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Monty Pritchett
About | Practice Areas
Pritchett Law Group
126 West Needles Avenue Bixby, OK 74008» view map
Estate Law
A Focus On Results

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918-509-3891
1. Monty Pritchett Bixby, OK
  Attorney at Law, OK
  University of Oklahoma College of Law, J.D.
2. AboutPritchett Law Group
  A Focus On Results
3. Practice AreasExpertise
  Estate Law
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Aric Ammaron Alley

General Practice

Status: Inactive Licensed: 17 Years

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Buffalo, OK 73834

Jim Neil Harkins

Insurance, Oil & Gas, Elder Law, Adoption

Status: In Good Standing

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Buffalo, OK 73834

Erin Nicole Kee Kirksey

Oil & Gas, Adoption, Federal Appellate Practice

Status: In Good Standing

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Woodward, OK 73802

Ivan Duke Halley

Insurance, Oil & Gas, Workers' Compensation, Employment

Status: In Good Standing

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Woodward, OK 73802

Erin Nicole Kee Kirksey

Business, Adoption, Federal Appellate Practice, Contract

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Woodward, OK 73802

John Russell Meinders

Tax, Oil & Gas, Gift Taxation, Elder Law

Status: In Good Standing

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2204 Sw Main St, Woodward, OK 73801

Alvin Craig Yarborough

Elder Law, Employee Rights, Bankruptcy, Adoption, Immigration

Status: In Good Standing

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1108 15Th St, Woodward, OK 73801

Vickie Leigh Cook

Mediation, Banking & Finance, Estate, Lending

Status: In Good Standing

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3242 Osage Dr, Woodward, OK 73801

Justin Paul Eilers

Real Estate, Criminal, Contract, Divorce

Status: In Good Standing

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1600 Main Street, Woodward, OK 73801

Susan Kotowski Meinders

Oil & Gas, Employee Rights, Bankruptcy, Adoption

Status: In Good Standing

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1600 Main St, Woodward, OK 73801

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LEGAL TERMS

NET ESTATE

The value of all property owned at death less liabilities or debts.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

FAMILY POT TRUST

See pot trust.

SAMPLE LEGAL CASES

In re Estate of Jackson

... in which, relying on Thomas v. Bank of Okla., NA, 1984 OK 41, 684 P.2d 553, he argued that in the September 3, 2003 order, the trial court found him to be Jackson's son and Jackson's sole surviving heir at law; that the terms of title 84, section 132 applied to trusts, as well as ...

In re Lorice T. Wallace Revocable Trust

... of the No-Contest Provisions of the Lorice T. Wallace Revocable Trust and the Lorice T. Wallace Irrevocable Trust." After a hearing the trial court found that the respondent-appellant, Mary Roma Wallace Jage, had violated the no-contest provisions included in the two trusts. ...

Welch v. Crow

... [13]. A. Title 84 OS 2001 Â§132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that Â§132 applies only to wills, and not to trusts. Our recent opinion in In re Estate of Jackson, 2008 OK 83, 194 P.3d 1269, is dispositive of the question. ...

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Buffalo Trusts Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Aric Ammaron Alley

Jim Neil Harkins

Erin Nicole Kee Kirksey

Ivan Duke Halley

Erin Nicole Kee Kirksey

John Russell Meinders

Alvin Craig Yarborough

Vickie Leigh Cook

Justin Paul Eilers

Susan Kotowski Meinders

TIPS

LEGAL TERMS

NET ESTATE

PUBLIC ADMINISTRATOR

FINAL BENEFICIARY

ABATEMENT

HEIR APPARENT

PER CAPITA

SPECIAL ADMINISTRATOR

INVENTORY

FAMILY POT TRUST

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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