Fitzhugh Trusts Lawyer, Oklahoma

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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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Lori Lynn Jackson

Adoption, Bankruptcy & Debt, Trusts, Bankruptcy

Status: In Good Standing

CONTACT

327 Colton Way, Ada, OK 74820

Trae Gray

Oil & Gas, Energy, Industry Specialties, Trusts

Status: In Good Standing Licensed: 11 Years

CONTACT

37500 State Highway 31, Coalgate, OK 74538

Stephen Ezra Dyer

Wills & Probate, Corporate, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

Ardmore, OK 73402

Stacy S. Bateman-Woods

General Practice

Status: In Good Standing

CONTACT

Tecumseh, OK 74873

Stacy Sue Bateman

Adoption, Federal Appellate Practice, Trusts, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

Tecumseh, OK 74873

Teddy Wayne Haxel

Trusts, Criminal, Contract, Lending

Status: In Good Standing

CONTACT

108 N 2Nd St, Purcell, OK 73080

Esther Elaine Scott

Estate, Wills & Probate, Trusts, Divorce & Family Law, Elder Law

Status: In Good Standing

CONTACT

11038 Highway 76, Healdton, OK 73438

Christal Dianne Adair

Criminal, Wills, Family Law, Trusts, Estate

Status: In Good Standing

CONTACT

1712 Hazelwood Dr, Norman, OK 73071

Cyrus Dean Homayouni

Trusts, White Collar Crime, Corporate, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

711 Schulze Dr, Norman, OK 73071

Cyrus D. Homayouni

Trusts, White Collar Crime, Corporate, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

711 Schulze Dr, Norman, OK 73071

800-923-0641

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

SURROGATE COURT

See probate court.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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.

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.

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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Fitzhugh Trusts Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Lori Lynn Jackson

Trae Gray

Stephen Ezra Dyer

Stacy S. Bateman-Woods

Stacy Sue Bateman

Teddy Wayne Haxel

Esther Elaine Scott

Christal Dianne Adair

Cyrus Dean Homayouni

Cyrus D. Homayouni

TIPS

LEGAL TERMS

SUCCESSION

CONTINGENT BENEFICIARY

ABSTRACT OF TRUST

EXEMPTION TRUST

GRANT DEED

SURROGATE COURT

TAKING AGAINST THE WILL

GENERATION-SKIPPING TRUST

OFFICER

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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