Muskogee Wills & Probate Lawyer, Oklahoma, page 4

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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
1. Contact
2. Email
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Includes: Estate Administration, Living Wills, Wills

Carrie Anne House

Wills & Probate, Wills

Status: In Good Standing

CONTACT

9175 S. Yale Ave, Tulsa, OK 74137

Todd Hudgins

International, Estate, Wills, Gift Taxation

Status: In Good Standing Licensed: 21 Years

CONTACT

9315 S Toledo Ave, Tulsa, OK 74137

Todd F. Hudgins

International, Wills, Gift Taxation, Estate

Status: In Good Standing Licensed: 21 Years

CONTACT

9315 S Toledo Ave, Tulsa, OK 74137

Todd F. Hudgins

Power of Attorney, Wills, Gift Taxation, Contract

Status: In Good Standing Licensed: 21 Years

CONTACT

9315 S Toledo Ave, Tulsa, OK 74137

Joe Dan Byars

Litigation, Personal Injury, Employee Rights, Wills

Status: In Good Standing Licensed: 36 Years

CONTACT

9125 S Toledo Ave, Tulsa, OK 74137

Robert Bridges

Administrative Law, Wills & Probate, Business

Status: In Good Standing

CONTACT

7666 E 61St St, Tulsa, OK 74133

Joe B. Francis

Wills & Probate

Status: In Good Standing

CONTACT

7666 E 61St St, Tulsa, OK 74133

Steven Chris Wyers

Divorce & Family Law, Wills & Probate

Status: In Good Standing

CONTACT

8301 E 51St St, Tulsa, OK 74145

Seth Alan Caywood

Adoption, Divorce, Family Law, Wills & Probate

Status: In Good Standing

CONTACT

7170 S. Braden Avenue, Tulsa, OK 74136

James Mercer Lamb

Insurance, Elder Law, Personal Injury, Wills

Status: In Good Standing

CONTACT

5435 S Oxford Ave, Tulsa, OK 74135

800-923-0641

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LEGAL TERMS

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

SAMPLE LEGAL CASES

In re Estate of Speers

... Mark Morrison, Durant, OK, for Appellee. KAUGER, J. Â¶ 1 The issue presented is whether the trial court erred in admitting the contested will to probate. We find that it did. FACTS. ... She filed her petition on June 2, 2005, seeking to admit it to probate. ...

Tucker v. New Dominion, LLC

... Ms. Hrdy died in 1987. This mineral estate was not included in the final probate order, leaving Ms. Hrdy as the record owner and leaving the probate order unindexed against the subject property in the Pottawatomie County clerk's office. [1]. ...

In re Hyde

... 12 Employer argues that the district court's judgment is not applicable to it because it was not a party to the probate proceedings. ... The issue of Decedent and Wife's marital status was resolved by the district court in Lincoln County during the probate proceedings. ...

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Muskogee Wills & Probate Lawyer, Oklahoma, page 4

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Carrie Anne House

Todd Hudgins

Todd F. Hudgins

Todd F. Hudgins

Joe Dan Byars

Robert Bridges

Joe B. Francis

Steven Chris Wyers

Seth Alan Caywood

James Mercer Lamb

TIPS

LEGAL TERMS

RULE AGAINST PERPETUITIES

INTESTATE SUCCESSION

PROBATE

PER STIRPES

REAL ESTATE AGENT

INHERITANCE TAXES

AB TRUST

REMAINDERMAN

TRUSTEE

SAMPLE LEGAL CASES

In re Estate of Speers

Tucker v. New Dominion, LLC

In re Hyde

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