Claremore Wills & Probate Lawyer, Oklahoma, page 2

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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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Includes: Estate Administration, Living Wills, Wills

Jerrold R. Dennis

Wills & Probate, Business, Estate Planning

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108 N. Adair Street, Pryor, OK 74361

Jeffry Conner Steen

Real Estate, Wills & Probate, Trusts, Estate

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404 West Broadway Avenue, Broken Arrow, OK 74012

Bruce N Powers

Accident & Injury, Wills & Probate, Personal Injury, Contract

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4845 S Sheridan Rd, Tulsa, OK 74145

David Alan Guten

Wills & Probate, Divorce, DUI-DWI, Personal Injury, Dispute Resolution

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1825 E. 15th St., Tulsa, OK 74104

Catherine Zilahy Welsh

Social Security, Wills & Probate, Guardianships & Conservatorships, Elder Law

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2615 E. 15th St., Tulsa, OK 74104

Philip J. Eller

Health Care Other, Wills & Probate, Consumer Rights, Transactions

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2727 East 21St Street, Tulsa, OK 74114

Catherine Zilahy Welsh

Elder Law, Criminal, Family Law, Wills

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2727 E 21St St, Tulsa, OK 74114

L. Michele Nelson

Estate Planning, Guardianships & Conservatorships, Estate, Wills

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Tulsa, OK 74104

Maureen J Knudson

Dispute Resolution, Wills & Probate, Estate Planning, Elder Law

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1861 E 15Th St, Tulsa, OK 74104

R. Louis Reynolds

Land Use & Zoning, Litigation, Oil & Gas, Wills & Probate

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2727 East 21St Street, Tulsa, OK 74114

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LEGAL TERMS

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

FAMILY POT TRUST

See pot trust.

NET ESTATE

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

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

SAMPLE LEGAL CASES

In re Estate of Speers

... Mark Morrison, Durant, OK, for Appellee. KAUGER, J. Â¶ 1 The issue presented is whether the trial court erred in admitting the contested will to probate. We find that it did. FACTS. ... She filed her petition on June 2, 2005, seeking to admit it to probate. ...

Tucker v. New Dominion, LLC

... Ms. Hrdy died in 1987. This mineral estate was not included in the final probate order, leaving Ms. Hrdy as the record owner and leaving the probate order unindexed against the subject property in the Pottawatomie County clerk's office. [1]. ...

In re Hyde

... 12 Employer argues that the district court's judgment is not applicable to it because it was not a party to the probate proceedings. ... The issue of Decedent and Wife's marital status was resolved by the district court in Lincoln County during the probate proceedings. ...

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Claremore Wills & Probate Lawyer, Oklahoma, page 2

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Jerrold R. Dennis

Jeffry Conner Steen

Bruce N Powers

David Alan Guten

Catherine Zilahy Welsh

Philip J. Eller

Catherine Zilahy Welsh

L. Michele Nelson

Maureen J Knudson

R. Louis Reynolds

TIPS

LEGAL TERMS

BEQUEATH

OFFICER

INHERITANCE TAXES

NONPROBATE

POUR-OVER WILL

FAMILY POT TRUST

NET ESTATE

TRUST MERGER

ESTATE TAXES

SAMPLE LEGAL CASES

In re Estate of Speers

Tucker v. New Dominion, LLC

In re Hyde

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