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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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Courtney L. Eagan

Bankruptcy, Divorce, Estate Planning, Indians & Native Populations

Status: In Good Standing

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150 Foley Ave, Eufaula, OK 74432

Deborah Leigh Hackler

General Practice

Status: In Good Standing

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Mcalester, OK 74502

Jeffrey Edwards

Industry Specialties, Estate, Personal Injury, Accident & Injury

Status: In Good Standing

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Roland, OK 74954

Jeffrey Philip Herrick

Bankruptcy, Estate Planning, Wills & Probate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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426 E Wyandotte Ave, Mcalester, OK 74501

Joy Renee Maxwell

Oil & Gas, Employee Rights, Immigration, Bankruptcy & Debt, Estate

Status: In Good Standing

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106 E Main Street, Keota, OK 74941

Joyce Elaine Green

Oil & Gas, Adoption, Estate Planning, Commercial Real Estate

Status: In Good Standing

CONTACT

Mcalester, OK 74502

Kimberly Dianne Adams

Bankruptcy, Estate Planning, Child Custody

Status: In Good Standing

CONTACT

800 S. Main St., McAlester, OK 74501

M. Todd Konsure

Divorce & Family Law, Criminal, Estate, Accident & Injury, Workers' Compensation

Status: In Good Standing Licensed: 35 Years

CONTACT

36 E Choctaw, McAlester, OK 74502

Matthew Bray

Immigration, Estate, Criminal, Medical Malpractice

Status: In Good Standing Licensed: 18 Years

CONTACT

112604 South 4710 Road, Muldrow, OK 74948

Paul Michael Northcutt

Estate Planning, Divorce, Insurance, Medical Malpractice

Status: In Good Standing

CONTACT

321 S 3Rd St, Mcalester, OK 74502

800-923-0641

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LEGAL TERMS

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.

TRUSTEE POWERS

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

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.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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Panola Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Courtney L. Eagan

Deborah Leigh Hackler

Jeffrey Edwards

Jeffrey Philip Herrick

Joy Renee Maxwell

Joyce Elaine Green

Kimberly Dianne Adams

M. Todd Konsure

Matthew Bray

Paul Michael Northcutt

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LEGAL TERMS

PROBATE

TRUSTEE POWERS

RULE AGAINST PERPETUITIES

PROBATE COURT

ABATEMENT

GENERATION-SKIPPING TRANSFER TAX

BANKRUPTCY ESTATE

LETTERS TESTAMENTARY

IRREVOCABLE TRUST

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