Wright City Estate Planning Lawyer, Oklahoma, page 2

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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

Not enough matches for Wright City Estate Planning lawyer.
Below are all Wright City lawyers.

James P. Longacre

Traffic, Insurance, Personal Injury, Workers' Compensation, Social Security

Status: In Good Standing Licensed: 22 Years

CONTACT

117 North Central Ave, Idabel, OK 74745

James P. Longacre

Car Accident, Insurance, Personal Injury, Workers' Compensation, Social Security

Status: In Good Standing Licensed: 22 Years

CONTACT

117 North Central Ave, Idabel, OK 74745

James P. Longacre

Workers' Compensation, Insurance, Personal Injury, Social Security, Elder Law

Status: In Good Standing Licensed: 22 Years

CONTACT

117 North Central Ave, Idabel, OK 74745

John Roger Milton

General Practice

Status: In Good Standing

CONTACT

808 SE Jefferson St, Idabel, OK 74745

Allen Robinson Malone

General Practice

Status: In Good Standing

CONTACT

113 N. Central, Idabel, OK 74745

James P. Longacre

Administrative Law, Oil & Gas, Workers' Compensation, Social Security, Elder Law

Status: In Good Standing

CONTACT

117 N Central Ave, Idabel, OK 74745

Donald Ray Shaw

Adoption, Bankruptcy & Debt

Status: In Good Standing

CONTACT

101 NE 3rd, Idabel, OK 74745

Michael Dan Deberry

General Practice

Status: In Good Standing

CONTACT

1624 Boss Road, Idabel, OK 74745

Jon Ed Brown

Litigation, Patent, Federal Trial Practice, Wrongful Death

Status: In Good Standing Licensed: 17 Years

CONTACT

2100 E Washington Ave, Idabel, OK 74745

Charles Gordon Harris

General Practice

Status: In Good Standing

CONTACT

301 N. Central, Idabel, OK 74745

800-923-0641

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LEGAL TERMS

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

FUNDING A TRUST

Transferring ownership of property to a trust.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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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Wright City Estate Planning Lawyer, Oklahoma, page 2

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

James P. Longacre

James P. Longacre

James P. Longacre

John Roger Milton

Allen Robinson Malone

James P. Longacre

Donald Ray Shaw

Michael Dan Deberry

Jon Ed Brown

Charles Gordon Harris

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

ENDOWMENT INSURANCE

ESTATE TAXES

BENEFICIARY

FUNDING A TRUST

CONTINGENT BENEFICIARY

KINDRED

FAMILY ALLOWANCE

STATUTORY SHARE

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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