Kingston 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

Donald J. Chaffin

Oil & Gas, Litigation, Estate Planning, Environmental Law

Status: In Good Standing

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100 E Street S.W., Ardmore, OK 73402

Heather Jane Russell

Social Security, Elder Law, Adoption, Gift Taxation

Status: In Good Standing

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100 Plaza, Madill, OK 73446

James B Dolman

Commercial Real Estate, Estate Planning, Corporate

Status: Inactive Licensed: 34 Years

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Ardmore, OK 73402

Melissa Gale Mcpherson

Estate Planning, Bankruptcy, Construction, Personal Injury, Family Law

Status: In Good Standing Licensed: 18 Years

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Sulphur, OK 73086

Melissa Gale McPherson

Estate Planning, Bankruptcy, Construction, Personal Injury, Family Law

Status: In Good Standing Licensed: 18 Years

CONTACT

Sulphur, OK 73086

Michael J. Hester

Estate Planning, Civil Rights, Accident & Injury

Status: In Good Standing

CONTACT

Overbrook, OK 73453

Robert D. Long

Banking & Finance, Oil & Gas, Estate Planning, Corporate

Status: In Good Standing

CONTACT

100 E Street S.W., Ardmore, OK 73402

Stephen R. Taylor

Estate Planning, Family Law, Civil Rights, Criminal

Status: In Good Standing Licensed: 23 Years

CONTACT

119 N 3Rd Ave, Durant, OK 74701

Thomas Owen Criswell

Dispute Resolution, Adoption, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

Durant, OK 74702

800-923-0641

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LEGAL TERMS

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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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Kingston Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Donald J. Chaffin

Heather Jane Russell

James B Dolman

Melissa Gale Mcpherson

Melissa Gale McPherson

Michael J. Hester

Robert D. Long

Stephen R. Taylor

Thomas Owen Criswell

TIPS

LEGAL TERMS

TAKING AGAINST THE WILL

TRUST MERGER

PROBATE

FINAL BENEFICIARY

TRUSTEE

ABSTRACT OF TRUST

LETTERS TESTAMENTARY

WILL

TRUSTEE POWERS

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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