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

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2604 W. Kenosha, Broken Arrow, OK 74012

Phyllis Ann Dewitt

General Practice

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22414 S Keetonville Rd, Claremore, OK 74019

April Denise Parnell

Corporate, Estate Planning, Criminal

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16246 E 81St Ct N, Owasso, OK 74055

Jerry Dean Lundy

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

Status: Licensed: 30 Years

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119 West Broadway Avenue, Broken Arrow, OK 74012

Matthew Joseph Ballard

Real Estate, Criminal, Family Law, Estate Planning, Commercial Real Estate

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200 S Lynn Riggs Blvd, Claremore, OK 74017

Deborah Ann Reed

Estate Planning, Pension & Benefits, Criminal, Administrative Law, Indians & Native Populations

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2408 W Detroit St, Broken Arrow, OK 74012

Laura H. Baysinger

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

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

Everett R. Buss

Elder Law, Gift Taxation, Corporate, Trusts

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11960 E 86Th St N, Owasso, OK 74055

Forrest Benjamin Hess

Mediation, Civil Rights, Divorce, Estate Planning

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8283 Owasso Expressway, Owasso, OK 74055

Richard K. Gradel

Gift Taxation, Contract, Tax, Estate

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6140 S 104Th East Ave, Tulsa, OK 74133

800-814-6700

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

LIFE BENEFICIARY

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

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

FAMILY POT TRUST

See pot trust.

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

Matthew Joseph Ballard

Deborah Ann Reed

Laura H. Baysinger

Everett R. Buss

Forrest Benjamin Hess

Richard K. Gradel

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

BEQUEATH

STATUTORY SHARE

DISTRIBUTEE

ALTERNATE BENEFICIARY

LIFE BENEFICIARY

ESTATE PLANNING

INCOMPETENCE

FAMILY POT TRUST

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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