Drumright 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

Monty Pritchett

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Estate Planning, Elder Law

E. Edd Pritchett, Jr. has been an attorney since 1995. His areas of concentration include Litigation, Insurance Law, and Personal Injury. ... (more)

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918-509-3891

126 West Needles Avenue, Bixby, OK 74008

J. Scott McWilliams

Bankruptcy, DUI-DWI, Estate Planning, Trusts

Status: In Good Standing

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1612 S. Cincinnati, Tulsa, OK 74119

Amanda Kay Smallwood

Family Law, Workers' Compensation, Estate Planning, Child Support

Status: In Good Standing

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601 S. Boulder Avenue, Tulsa, OK 74119

Jon E. Brightmire

Real Estate, Estate Planning, Employment, Family Law

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Varley H. Taylor

International, Wills & Probate, Estate Planning, Business Organization

Status: In Good Standing

CONTACT

320 South Boston Avenue, Tulsa, OK 74103

Harry V. Rouse

Wills & Probate, Trusts, Estate Planning, Employment

Status: In Good Standing

CONTACT

320 South Boston Avenue, Tulsa, OK 74103

Jeffrey C. Rambach

Business Organization, Wills & Probate, Estate Planning, Mental Health

Status: In Good Standing

CONTACT

320 South Boston Avenue, Tulsa, OK 74103

Karen M Goins

Estate Planning, Family Law, Medical Malpractice, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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2417 E Skelly Dr, Tulsa, OK 74105

Raymond Lahann

Business Organization, Estate Planning, Family Law, Personal Injury, Real Estate

Status: In Good Standing

CONTACT

1851 E. 71st. St., Tulsa, OK 74136

Steve Rouse

Social Security -- Disability, Estate Planning, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

CONTACT

2417 E Skelly Dr, Tulsa, OK 74105

800-923-0641

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LEGAL TERMS

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.

NET ESTATE

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

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

MARITAL LIFE ESTATE TRUST

See AB 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.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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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Drumright Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Monty Pritchett

J. Scott McWilliams

Amanda Kay Smallwood

Jon E. Brightmire

Varley H. Taylor

Harry V. Rouse

Jeffrey C. Rambach

Karen M Goins

Raymond Lahann

Steve Rouse

TIPS

LEGAL TERMS

SWEARING MATCH

NET ESTATE

MINERAL RIGHTS

NONPROBATE

ADMINISTRATION (OF AN ESTATE)

MARITAL LIFE ESTATE TRUST

GROSS ESTATE

SPECIFIC BEQUEST

INHERIT

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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