Ramona 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

Sean Skyler Cote

Oil & Gas, Commercial Real Estate, Wills, Gift Taxation

Status: In Good Standing Licensed: 11 Years

CONTACT

2625 Claremont Dr, Bartlesville, OK 74006

Ray E. Harris

International Tax, Wills, Estate Planning

Status: In Good Standing

CONTACT

1800 Se Hampden Rd, Bartlesville, OK 74006

Zachary David Hyden

Corporate, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

CONTACT

2718 Cherokee Hills Dr, Bartlesville, OK 74006

Zachary David Hyden

General Practice

Status: In Good Standing

CONTACT

2718 Cherokee Hills Dr, Bartlesville, OK 74006

Peter Scott Buhlinger

Estate Planning, Wills & Probate, Business Organization, Estate

Status: In Good Standing

CONTACT

Bartlesville, OK 74005

Bruce W. Robinett

Litigation, Agriculture, Estate Planning, Corporate

Status: In Good Standing

CONTACT

Bartlesville, OK 74005

Kyle Andrew Persaud

Immigration, Federal Appellate Practice, Estate Planning, Family Law, Civil Rights

Status: In Good Standing

CONTACT

501 Se Frank Phillips Blvd, Bartlesville, OK 74003

Amy Kay Hart

Insurance, Workers' Compensation, Social Security, Gift Taxation, Mass Torts

Status: In Good Standing

CONTACT

Bartlesville, OK 74006

Christina Meyer Deaton

Oil & Gas, Environmental Law, Environmental Law Other, Estate Planning

Status: In Good Standing

CONTACT

420 S. Keeler, Bartlesville, OK 74003

Tiffany Anne Huss

Adoption, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

16442 E 115Th St N, Owasso, OK 74055

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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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Ramona Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Sean Skyler Cote

Ray E. Harris

Zachary David Hyden

Zachary David Hyden

Peter Scott Buhlinger

Bruce W. Robinett

Kyle Andrew Persaud

Amy Kay Hart

Christina Meyer Deaton

Tiffany Anne Huss

TIPS

LEGAL TERMS

FUNDING A TRUST

PER STIRPES

PUBLIC ADMINISTRATOR

IN TERROREM

ABATEMENT

TESTAMENTARY TRUST

QTIP TRUST

GRANT DEED

NET ESTATE

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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