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Clifton Baker
About | Practice Areas
Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
A Law Firm That Cares

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800-828-0670
1. Clifton Baker Tulsa, OK
  Attorney at Law, OK
  Oklahoma City University School of Law, J.D. 1975
2. AboutBaker Law Tulsa, PLLC
  A Law Firm That Cares
3. Practice AreasExpertise
  Divorce & Family Law
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Includes: Gift Taxation

Thomas B. McLemore

Bad Faith, Estate Administration, Estate Planning, Business Organization

Status: In Good Standing

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1900 Northwest Expressway, Oklahoma City, OK 73118

Joseph J. Reinke

Business Organization, Environmental Law, Estate Planning, Insurance

Status: In Good Standing

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6303 Waterford Blvd., Oklahoma City, OK 73118

Harold David Hanes

Bankruptcy, Estate Planning, Litigation, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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508 West Vandament, Yukon, OK 73099

Donald Crosby Fuller

International Tax, Gift Taxation, Bankruptcy & Debt

Status: In Good Standing

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7008 NW 63rd, Bethany, OK 73008

Mark Harold Price

Wills & Probate, Estate Planning, Guardianships & Conservatorships, Corporate

Status: In Good Standing

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6666 Nw 39Th Expwy, Bethany, OK 73008

Lisa Rene Haws

Elder Law, Gift Taxation, Trusts, Tax

Status: In Good Standing

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4407 N Hammond Ave, Bethany, OK 73008

Sarah Crystal Stewart

Estate Planning, Guardianships & Conservatorships, Adoption, Elder Law

Status: In Good Standing

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3901 N College Ave, Bethany, OK 73008

Mark Harold Price

Estate Planning, Employee Rights, Guardianships & Conservatorships, Corporate

Status: In Good Standing

CONTACT

6666 Nw 39Th Expwy, Bethany, OK 73008

James Lloyd Myles

Oil & Gas, Adoption, Estate Planning

Status: In Good Standing

CONTACT

16562 W Camp Dr, Cashion, OK 73016

John Gabriel Abbamondi

Bankruptcy & Debt, Estate Planning

Status: In Good Standing

CONTACT

13356 Fairway Dr, Choctaw, OK 73020

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

FAMILY POT TRUST

See pot trust.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

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.

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.

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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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Dover Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Thomas B. McLemore

Joseph J. Reinke

Harold David Hanes

Donald Crosby Fuller

Mark Harold Price

Lisa Rene Haws

Sarah Crystal Stewart

Mark Harold Price

James Lloyd Myles

John Gabriel Abbamondi

TIPS

LEGAL TERMS

FUNDING A TRUST

FAMILY POT TRUST

GROSS ESTATE

GRANT DEED

SPRINKLING TRUST

PUBLIC ADMINISTRATOR

SWEARING MATCH

GENERATION-SKIPPING TRUST

GRANTOR RETAINED INCOME TRUST

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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