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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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Ed Cadenhead

Title Insurance, Real Estate, Federal Appellate Practice, Estate

Status: In Good Standing

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223 E. Evans, Seminole, OK 74818

Bradley Mac Carter

Bed Bug, Corporate, Divorce, Estate Planning

Status: In Good Standing

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Seminole, OK 74818

T Walter Newmaster

Real Estate, Corporate, Contract, Estate Planning

Status: In Good Standing

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Ada, OK 74821

Dale Vance Beard

Elder Law, Gift Taxation, Tax

Status: In Good Standing

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Shawnee, OK 74802

Bonnie Schomp

Commercial Real Estate, Lawsuit & Dispute, Oil & Gas, Wills

Status: In Good Standing

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11973 Highway 3E, Earlsboro, OK 74840

Shelley Lynne Levisay

Lawsuit & Dispute, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

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318 N. Broadway, Shawnee, OK 74801

Robert Samuel Duran (Rob)

Dispute Resolution, Oil & Gas, Wills & Probate, Securities

Status: In Good Standing Licensed: 23 Years

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128 N. Broadway, Shawnee, OK 74802

James Ernest Palinkas

Insurance, Bankruptcy, Adoption, Gift Taxation

Status: In Good Standing

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320 N Broadway Ave, Shawnee, OK 74801

William Wayne Speed

Wills, Estate, Insurance, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

Ada, OK 74821

Mathew Lee Thomas

Commercial Real Estate, Wills, Family Law, Administrative Law

Status: In Good Standing Licensed: 20 Years

CONTACT

411 E Main St, Shawnee, OK 74801

800-923-0641

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LEGAL TERMS

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

GRANTOR

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

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

CURATOR

See conservator.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

FUNDING A TRUST

Transferring ownership of property to a trust.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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Saint Louis Estate Lawyer, Oklahoma

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Pritchett Law Group

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Ed Cadenhead

Bradley Mac Carter

T Walter Newmaster

Dale Vance Beard

Bonnie Schomp

Shelley Lynne Levisay

Robert Samuel Duran (Rob)

James Ernest Palinkas

William Wayne Speed

Mathew Lee Thomas

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LEGAL TERMS

DOWER AND CURTESY

GRANTOR RETAINED INCOME TRUST

GRANTOR

ENDOWMENT INSURANCE

CURATOR

HEIR AT LAW

FUNDING A TRUST

POWER OF APPOINTMENT

NONPROBATE

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