Broken Arrow Trusts 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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Let Baker Law Tulsa, PLLC handle all your legal needs today!

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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Valerie Leigh Blackstock

General Practice

Status: In Good Standing

CONTACT

P.O. Box 27068, Tulsa, OK 74146

Shannon Dale Taylor

Real Estate, Trusts, Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

7666 E. 61st Street, Tulsa, OK 74133

William E. Gaddis

Bankruptcy, Adoption, Bankruptcy & Debt, Trusts

Status: In Good Standing

CONTACT

5840 S Memorial Dr, Tulsa, OK 74145

A. Mark Smiling

Health Care, Trusts, Insurance, Personal Injury

Status: In Good Standing Licensed: 26 Years

CONTACT

9175 S Yale Avenue, Tulsa, OK 74137

Blake Allen Johnson

Gift Taxation, Estate Planning, Tax, Trusts

Status: In Good Standing

CONTACT

9175 S Yale Ave, Tulsa, OK 74137

Chris Economou

General Practice

Status: In Good Standing

CONTACT

4306 E 70Th St, Tulsa, OK 74136

Loren Riley Kern

Trusts, Estate Planning, Estate, Business & Trade

Status: In Good Standing

CONTACT

7377 S Sleepy Hollow Dr, Tulsa, OK 74136

Kathryn A. Herwig

Personal Injury, Workers' Compensation, Family Law, Trusts

Status: In Good Standing

CONTACT

5416 South Yale Avenue, Tulsa, OK 74135

Matthew Swan Farris

General Practice

Status: In Good Standing

CONTACT

5314 South Yale Ave, Tulsa, OK 74135

William A. Bowles

Estate, Guardianships & Conservatorships, Trusts, Wills

Status: In Good Standing

CONTACT

4148 E. 51St Street, Tulsa, OK 74135

800-923-0641

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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.

HEIR APPARENT

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

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

CERTIFICATION OF TRUST

See abstract of trust.

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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Broken Arrow Trusts Lawyer, Oklahoma, page 2

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Valerie Leigh Blackstock

Shannon Dale Taylor

William E. Gaddis

A. Mark Smiling

Blake Allen Johnson

Chris Economou

Loren Riley Kern

Kathryn A. Herwig

Matthew Swan Farris

William A. Bowles

TIPS

LEGAL TERMS

GROSS ESTATE

HEIR APPARENT

SWEARING MATCH

PER CAPITA

PER STIRPES

HEIR AT LAW

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

ACCUMULATION TRUST

CERTIFICATION OF TRUST

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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