Gould Trusts Lawyer, Oklahoma, page 3

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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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Mark T. Coke

Real Estate, Trusts, Estate, Corporate, Banking & Finance

Status: In Good Standing

CONTACT

205 West Cypress, Altus, OK 73522

Stephen Earl Booker

General Practice

Status: In Good Standing

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101 N Main, Altus, OK 73521

Antoinette Terese Quinn

General Practice

Status: In Good Standing Licensed: 16 Years

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1804 Javelina Dr, Altus, OK 73521

Antoinette Terese Quinn

General Practice

Status: In Good Standing Licensed: 16 Years

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1804 Javelina Dr, Altus, OK 73521

Morgan Rebecca Harkins Christie

Military

Status: In Good Standing Licensed: 11 Years

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308 N 1st Street, Altus Afb, OK 73523

Ryan C. Ditchkofsky

General Practice

Status: In Good Standing Licensed: 13 Years

CONTACT

308 N 1st St Bldg 52, Altus Afb, OK 73523

Diann McMahan

General Practice

Status: Inactive Licensed: 43 Years

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Altus, OK 73522

Carylee Katharine Eisenberg

General Practice

Status: In Good Standing

CONTACT

Erick, OK 73645

Nicole Renae Prichard

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

97 Amw/Ja, Altus Afb, OK 73523

Norman La Russell

General Practice

Status: Inactive Licensed: 35 Years

CONTACT

Hobart, OK 73651

800-923-0641

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LEGAL TERMS

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

CURATOR

See conservator.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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 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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Gould Trusts Lawyer, Oklahoma, page 3

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Mark T. Coke

Stephen Earl Booker

Antoinette Terese Quinn

Antoinette Terese Quinn

Morgan Rebecca Harkins Christie

Ryan C. Ditchkofsky

Diann McMahan

Carylee Katharine Eisenberg

Nicole Renae Prichard

Norman La Russell

TIPS

LEGAL TERMS

INVESTOR

GENERATION-SKIPPING TRUST

CURATOR

SUCCESSION

STATUTORY SHARE

SUCCESSOR TRUSTEE

SPRINKLING TRUST

AUGMENTED ESTATE

INHERIT

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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