Waurika 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

Valerie N. Behrnes

Estate, Litigation, Wills & Probate

Status: In Good Standing

CONTACT

1881 West Spruce Avenue, Duncan, OK 73533

Esther Elaine Scott

Estate, Wills & Probate, Trusts, Divorce & Family Law, Elder Law

Status: In Good Standing

CONTACT

11038 Highway 76, Healdton, OK 73438

John C. Mackey

Power of Attorney, Lawsuit & Dispute, Wills & Probate, Insurance, Lending

Status: In Good Standing

CONTACT

431 Sw C Avenue, Lawton, OK 73501

Ana H Basora

Family Law, Wills & Probate, Wills, Divorce

Status: In Good Standing

CONTACT

527 Sw C Ave, Lawton, OK 73501

Ana Basora

Family Law, Real Estate, Immigration, Wills & Probate

Status: In Good Standing Licensed: 25 Years

CONTACT

601 SW C Ave, Lawton, OK 73501

Shon T Erwin

Real Estate, Military, Personal Injury, Wills & Probate

Status: In Good Standing

CONTACT

802 SW C Ave, Lawton, OK 73501

Edward T. Tillery

Estate, Wills & Probate

Status: In Good Standing

CONTACT

210 West Grant Ave., Pauls Valley, OK 73075

Brett Agee

Patent, Wills & Probate, Insurance, Personal Injury, Car Accident

Status: In Good Standing

CONTACT

101 East Grant Avenue, Pauls Valley, OK 73075

Paul Anthony Tortorici

Energy, Wills, Contract, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

101 E Grant Ave, Pauls Valley, OK 73075

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

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.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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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Waurika Wills & Probate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Valerie N. Behrnes

Esther Elaine Scott

John C. Mackey

Ana H Basora

Ana Basora

Shon T Erwin

Edward T. Tillery

Brett Agee

Paul Anthony Tortorici

TIPS

LEGAL TERMS

GROSS ESTATE

GENERATION-SKIPPING TRUST

REMAINDERMAN

IN TERROREM

INHERIT

BYPASS TRUST

AUGMENTED ESTATE

LIVING TRUST

SUCCESSOR TRUSTEE

SAMPLE LEGAL CASES

In re Estate of Speers

Tucker v. New Dominion, LLC

In re Hyde

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