Fitzhugh Trusts Lawyer, Oklahoma

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Lori Lynn Jackson

Adoption, Bankruptcy & Debt, Trusts, Bankruptcy
Status:  In Good Standing           

Trae Gray

Oil & Gas, Energy, Industry Specialties, Trusts
Status:  In Good Standing           Licensed:  11 Years

Stephen Ezra Dyer

Wills & Probate, Corporate, Trusts, Commercial Real Estate
Status:  In Good Standing           

Stacy S. Bateman-Woods

General Practice
Status:  In Good Standing           

Stacy Sue Bateman

Adoption, Federal Appellate Practice, Trusts, Guardianships & Conservatorships
Status:  In Good Standing           

Teddy Wayne Haxel

Trusts, Criminal, Contract, Lending
Status:  In Good Standing           

Esther Elaine Scott

Estate, Wills & Probate, Trusts, Divorce & Family Law, Elder Law
Status:  In Good Standing           

Christal Dianne Adair

Criminal, Wills, Family Law, Trusts, Estate
Status:  In Good Standing           

Cyrus Dean Homayouni

Trusts, White Collar Crime, Corporate, Credit & Debt
Status:  In Good Standing           Licensed:  22 Years

Cyrus D. Homayouni

Trusts, White Collar Crime, Corporate, Credit & Debt
Status:  In Good Standing           Licensed:  22 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

NET ESTATE

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

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.

TITLE COMPANY

A company that issues title insurance.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)
A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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 §132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that §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. ...