Bluejacket Trusts Lawyer, Oklahoma

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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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Kim Ellis Ritchie

Family Law, Wills & Probate, Corporate, Workers' Compensation

Status: In Good Standing

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2 South Adair Street, Pryor, OK 74361

R. Scott Williams

Business Organization, Family Law, Eminent Domain, Wills & Probate

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2 South Adair Street, Pryor, OK 74361

Shawn Scott Taylor

Real Estate, Election & Political, Estate Planning, Family Law

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2 South Adair Street, Pryor, OK 74361

Mark William Curnutte

Gift Taxation, Estate, Elder Law, Corporate

Status: In Good Standing

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Vinita, OK 74301

Sofia Goodin

Estate Planning, Divorce, Adoption, Criminal

Status: In Good Standing

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Vinita, OK 74301

Carolyn A. Shuey

Estate Planning, Gift Taxation, Tax

Status: In Good Standing

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31740 S 604 Rd, Grove, OK 74344

Erin Jay Lanway

Estate

Status: In Good Standing

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Grove, OK 74345

Ben Sherrer

Estate Planning, Divorce, DUI-DWI, Personal Injury

Status: In Good Standing

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3 N. Adair, Pryor, OK 74361

Jeffrey Brian Kent

Social Security, Gift Taxation, Criminal, Bankruptcy & Debt, Estate

Status: In Good Standing

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306 N Orphan St, Pryor, OK 74361

Jerrold R. Dennis

Wills & Probate, Business, Estate Planning

Status: In Good Standing

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108 N. Adair Street, Pryor, OK 74361

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LEGAL TERMS

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.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

NET ESTATE

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

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.

SAMPLE LEGAL CASES

In re Estate of Jackson

... in which, relying on Thomas v. Bank of Okla., NA, 1984 OK 41, 684 P.2d 553, he argued that in the September 3, 2003 order, the trial court found him to be Jackson's son and Jackson's sole surviving heir at law; that the terms of title 84, section 132 applied to trusts, as well as ...

In re Lorice T. Wallace Revocable Trust

... of the No-Contest Provisions of the Lorice T. Wallace Revocable Trust and the Lorice T. Wallace Irrevocable Trust." After a hearing the trial court found that the respondent-appellant, Mary Roma Wallace Jage, had violated the no-contest provisions included in the two trusts. ...

Welch v. Crow

... [13]. A. Title 84 OS 2001 Â§132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that Â§132 applies only to wills, and not to trusts. Our recent opinion in In re Estate of Jackson, 2008 OK 83, 194 P.3d 1269, is dispositive of the question. ...

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Bluejacket Trusts Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Kim Ellis Ritchie

R. Scott Williams

Shawn Scott Taylor

Mark William Curnutte

Sofia Goodin

Carolyn A. Shuey

Erin Jay Lanway

Ben Sherrer

Jeffrey Brian Kent

Jerrold R. Dennis

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

NONPROBATE

HEIR APPARENT

RULE AGAINST PERPETUITIES

REMAINDERMAN

GRANT DEED

LAPSE

NET ESTATE

RESIDUARY ESTATE

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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