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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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Fletcher D Handley

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Criminal, Accident & Injury, Divorce & Family Law, Estate, Oil & Gas

Fletcher Dal Handley, Jr., is a civil justice attorney with The Handley Law Center in Oklahoma. His practice is focused on Personal Injury Law, repres... (more)

CONTACT

800-714-5951

111 South Rock Island, El Reno, OK 73036

Harold David Hanes

Bankruptcy, Estate Planning, Litigation, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

508 West Vandament, Yukon, OK 73099

Margarett Laverna Prestidge

Real Estate, Estate, Oil & Gas, Wills & Probate, Foreclosure

Status: In Good Standing Licensed: 22 Years

FREE CONSULTATION

CONTACT

520 Pointe Parkway Blvd., Yukon, OK 73099

Khristan K. Strubhar

Divorce & Family Law, Adoption, Wills & Probate

Status: In Good Standing

CONTACT

403 West Vandament Avenue, Yukon, OK 73099

Fenton R. Ramey

Estate, Wrongful Termination, Criminal, Credit & Debt

Status: In Good Standing

CONTACT

5 South Fifth, Yukon, OK 73085

James Carter Bass

Corporate, Contract, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

El Reno, OK 73036

Matthew Lynn Wheatley

Accident & Injury, Estate, Lawsuit & Dispute, Employment

Status: In Good Standing

CONTACT

Yukon, OK 73085

Steven A. Barker

Bankruptcy, Divorce, Estate Planning, State Appellate Practice

Status: In Good Standing

CONTACT

508 W. Vandament, Yukon, OK 73099

800-923-0641

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LEGAL TERMS

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

GRANTOR

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

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.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

BENEFICIARY

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

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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Canadian County, OK Estate Lawyers

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Fletcher D Handley

Harold David Hanes

Margarett Laverna Prestidge

Khristan K. Strubhar

Fenton R. Ramey

James Carter Bass

Matthew Lynn Wheatley

Steven A. Barker

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LEGAL TERMS

RULE AGAINST PERPETUITIES

ABATEMENT

GRANTOR

PER STIRPES

CONTINGENT BENEFICIARY

PUBLIC ADMINISTRATOR

LIFE BENEFICIARY

BENEFICIARY

IRREVOCABLE TRUST

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