Peggs Estate Planning Lawyer, Oklahoma

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Clifton Baker
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Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
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800-828-0670
1. Clifton Baker Tulsa, OK
  Attorney at Law, OK
  Oklahoma City University School of Law, J.D. 1975
2. AboutBaker Law Tulsa, PLLC
  A Law Firm That Cares
3. Practice AreasExpertise
  Divorce & Family Law
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Includes: Gift Taxation

Shawn Scott Taylor

Real Estate, Election & Political, Estate Planning, Family Law

Status: In Good Standing

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2 South Adair Street, Pryor, OK 74361

Ben Sherrer

Estate Planning, Divorce, DUI-DWI, Personal Injury

Status: In Good Standing

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3 N. Adair, Pryor, OK 74361

Jeffrey Brian Kent

Social Security, Gift Taxation, Criminal, Bankruptcy & Debt, Estate

Status: In Good Standing

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306 N Orphan St, Pryor, OK 74361

Jerrold R. Dennis

Wills & Probate, Business, Estate Planning

Status: In Good Standing

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108 N. Adair Street, Pryor, OK 74361

Preston W. Jones

Wills & Probate, Trusts, Estate Planning, Business & Trade

Status: In Good Standing

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314 West Broadway, Muskogee, OK 74401

Paige Lane Frix

Oil & Gas, Social Security, Gift Taxation, Estate Planning

Status: In Good Standing

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Muskogee, OK 74402

Sofia Goodin

Estate Planning, Divorce, Adoption, Criminal

Status: In Good Standing

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Vinita, OK 74301

Carolyn A. Shuey

Estate Planning, Gift Taxation, Tax

Status: In Good Standing

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31740 S 604 Rd, Grove, OK 74344

Mark William Curnutte

Gift Taxation, Estate, Elder Law, Corporate

Status: In Good Standing

CONTACT

Vinita, OK 74301

800-923-0641

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

CREDIT SHELTER TRUST

See AB trust.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.'

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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Peggs Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Shawn Scott Taylor

Ben Sherrer

Jeffrey Brian Kent

Jerrold R. Dennis

Preston W. Jones

Paige Lane Frix

Sofia Goodin

Carolyn A. Shuey

Mark William Curnutte

TIPS

LEGAL TERMS

FAMILY POT TRUST

CREDIT SHELTER TRUST

ANCILLARY PROBATE

ACCUMULATION TRUST

POUR-OVER WILL

EXEMPTION TRUST

INTESTATE

GRANTOR

ABSTRACT OF TRUST

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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