Coyle Estate Lawyer, Oklahoma

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Daniel  Loeliger Lawyer

Daniel Loeliger

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Accident & Injury, Estate, Wills & Probate, Trusts, Car Accident

Daniel Loeliger is a practicing lawyer in the state of Oklahoma. Mr. Loeliger received his J.D. from the University of Oklahoma.

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Cecil W. Heaton

Immigration, Estate, Adoption, Bankruptcy, Family Law
Status:  In Good Standing           

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Patrick Aaron Thompson

Bankruptcy & Debt, Criminal, Divorce & Family Law, Estate
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Derrick Dale Davies

Oil & Gas, Gift Taxation, Tax
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Leann Drummond Ellis

Wills & Probate, Trusts, Gift Taxation, Estate Planning
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James D. Thomas

Tax, Wills, Gift Taxation, Business & Trade
Status:  In Good Standing           Licensed:  54 Years

Jared Harrison

International Tax, Wills & Probate, Estate Planning, Business
Status:  In Good Standing           

Sally Wright Cohea

Gift Taxation, Tax
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Richard Scott Winblad

Oil & Gas, Wills & Probate, Estate Planning, Elder Law, Banking & Finance
Status:  In Good Standing           

Leann Drummond Ellis

Gift Taxation, Estate Planning, Business, Property Damage
Status:  In Good Standing           

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LEGAL TERMS

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

MARITAL LIFE ESTATE TRUST

See AB trust.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)
Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)
The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)
A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.