Stroud Wills & Probate 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: Estate Administration, Living Wills, Wills

Owen T. Evans

Divorce & Family Law, Mediation, Labor Law, Wills & Probate

Status: In Good Standing

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P.O. Box 35925, Tulsa, OK 74153

Varley H. Taylor

International, Wills & Probate, Estate Planning, Business Organization

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Harry V. Rouse

Wills & Probate, Trusts, Estate Planning, Employment

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Stephan Scott Mathis

Wills & Probate, Construction, Corporate, Wills

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Jeffrey C. Rambach

Business Organization, Wills & Probate, Estate Planning, Mental Health

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Rohit Sharma

Securities, Corporate, Wills, Contract

Status: In Good Standing

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403 S. Cheyenne Avenue, # 1200, Tulsa, OK 74103

Kassandra M. Bentley

Business Organization, Wills & Probate, Corporate, Contract

Status: In Good Standing

CONTACT

320 South Boston Avenue, Tulsa, OK 74103

Justin B. Munn

Divorce & Family Law, Estate, Wills & Probate, Corporate

Status: In Good Standing

CONTACT

320 South Boston Avenue, Tulsa, OK 74103

Hal William Ellis

Mass Torts, Wills & Probate, Trusts, Estate

Status: In Good Standing

CONTACT

711 S. Husband St., Stillwater, OK 74074

Leann Drummond Ellis

Wills & Probate, Trusts, Gift Taxation, Estate Planning

Status: In Good Standing

CONTACT

711 S Husband Ave, Stillwater, OK 74074

800-923-0641

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LEGAL TERMS

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.

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.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

TRUSTEE POWERS

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

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

FAMILY POT TRUST

See pot trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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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Stroud Wills & Probate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Owen T. Evans

Varley H. Taylor

Harry V. Rouse

Stephan Scott Mathis

Jeffrey C. Rambach

Rohit Sharma

Kassandra M. Bentley

Justin B. Munn

Hal William Ellis

Leann Drummond Ellis

TIPS

LEGAL TERMS

PER STIRPES

ACCUMULATION TRUST

QTIP TRUST

INHERIT

RESIDUARY ESTATE

TRUSTEE POWERS

SELF-PROVING WILL

FAMILY POT TRUST

HEIR AT LAW

SAMPLE LEGAL CASES

In re Estate of Speers

Tucker v. New Dominion, LLC

In re Hyde

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