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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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William B. Cook

Oil & Gas, Industry Specialties, Public Utilities, Wills

Status: In Good Standing Licensed: 15 Years

CONTACT

Ada, OK 74821

William Wayne Speed

Wills, Estate, Insurance, Personal Injury

Status: In Good Standing Licensed: 32 Years

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Ada, OK 74821

T Walter Newmaster

Real Estate, Corporate, Contract, Estate Planning

Status: In Good Standing

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Ada, OK 74821

Kimmy Don Ashley

Gift Taxation, Family Law, Estate Planning, Tax

Status: In Good Standing

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10051 Flat Armadillo Rd, Lexington, OK 73051

David Howard San Martin

Military, Estate Planning, Native People, Limited Liability Companies

Status: In Good Standing

CONTACT

220 Maple St, Noble, OK 73068

Cheryl Ann Clayton

General Practice

Status: In Good Standing

CONTACT

110 S Main St, Noble, OK 73068

Zachary Thomas Ball

Landlord-Tenant, Estate, Business, Estate Planning

Status: In Good Standing

CONTACT

3201 S Berry Rd, Norman, OK 73072

Christal Dianne Adair

Criminal, Wills, Family Law, Trusts, Estate

Status: In Good Standing

CONTACT

1712 Hazelwood Dr, Norman, OK 73071

David L Nimmo

Lending, Indians & Native Populations, Contract, Estate Planning

Status: In Good Standing

CONTACT

2600 John Saxon Blvd, Norman, OK 73071

William Calvin Henley

Tax, Gift Taxation, Estate Planning, Corporate

Status: In Good Standing

CONTACT

3280 Marshall Ave, Norman, OK 73072

800-923-0641

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LEGAL TERMS

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).

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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Byars Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

William B. Cook

William Wayne Speed

T Walter Newmaster

Kimmy Don Ashley

David Howard San Martin

Cheryl Ann Clayton

Zachary Thomas Ball

Christal Dianne Adair

David L Nimmo

William Calvin Henley

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LEGAL TERMS

PER CAPITA

WILL

GENERATION-SKIPPING TRUST

GROSS ESTATE

PETITION

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

DISCHARGE (OF PROBATE ADMINISTRATOR)

GRANTOR

SURVIVING SPOUSE'S TRUST

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