Catoosa Estate Planning 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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Includes: Gift Taxation

Brittany Littleton

Estate Planning, Trusts, Wills & Probate, Business

Status: In Good Standing

CONTACT

2604 W. Kenosha, Broken Arrow, OK 74012

Phyllis Ann Dewitt

General Practice

Status: In Good Standing

CONTACT

22414 S Keetonville Rd, Claremore, OK 74019

April Denise Parnell

Corporate, Estate Planning, Criminal

Status: In Good Standing

CONTACT

16246 E 81St Ct N, Owasso, OK 74055

Jerry Dean Lundy

Bankruptcy & Debt, Consumer Bankruptcy, Estate Planning, Trusts, Wills & Probate

Status: In Good Standing Licensed: 29 Years

FREE CONSULTATION

CONTACT

119 West Broadway Avenue, Broken Arrow, OK 74012

Robert Wayne Jones

Estate Administration, Wills & Probate, Estate Planning, Estate, Trusts

Status: In Good Standing Licensed: 36 Years

CONTACT

Owasso, OK 74055

Robert Wayne Jones

General Practice

Status: In Good Standing

CONTACT

Owasso, OK 74055

Matthew Joseph Ballard

Real Estate, Criminal, Divorce, Estate Planning

Status: In Good Standing

CONTACT

200 S Lynn Riggs Blvd, Claremore, OK 74017

Matthew Joseph Ballard

General Practice

Status: In Good Standing

CONTACT

200 S Lynn Riggs Blvd, Claremore, OK 74017

Deborah Ann Reed

Estate Planning, Pension & Benefits, Criminal

Status: In Good Standing

CONTACT

2408 W Detroit St, Broken Arrow, OK 74012

Laura H. Baysinger

Juvenile Law, Estate Planning, Divorce, Contract, Personal Injury

CONTACT

8414A North 123rd East Avenue, Owasso, OK 74055

800-923-0641

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LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

FUNDING A TRUST

Transferring ownership of property to a trust.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

SAMPLE LEGAL CASES

In re Marriage of Murphy

... Id. Joint revocable trusts are an alternative estate planning technique which have become popular in common-law property states because they avoid probate and the need to sever jointly owned assets into separate trusts for each spouse. Id. at 346-347. ...

Edwards v. Urice

... 22 The evidence in the record establishes the following facts. Urice was not related to Bowers by blood and was not a natural object of her bounty. Prior to 1997, Bowers had never mentioned Urice in her estate planning or wanted him to be involved in her financial affairs. ...

Friedman v. Craig

... The motion included affidavits to support Appellant's defense against a fraudulent conveyance, ie, the transfer of the joint tenancy interest in Appellant's home to Craig in 2001 was an estate planning device necessitated by her heart surgery and a concurrently-executed second ...

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Catoosa Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Brittany Littleton

Phyllis Ann Dewitt

April Denise Parnell

Jerry Dean Lundy

Robert Wayne Jones

Robert Wayne Jones

Matthew Joseph Ballard

Matthew Joseph Ballard

Deborah Ann Reed

Laura H. Baysinger

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LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

AB TRUST

MINERAL RIGHTS

FUNDING A TRUST

SPRINKLING TRUST

GRANT DEED

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

LIFE BENEFICIARY

HEIR AT LAW

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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