Gould 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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Rebecca Nicole Beason

Divorce & Family Law, Criminal, Estate, Business

Status: In Good Standing

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108 West Broadway, Altus, OK 73521

Corry Kendall

Contract, Credit & Debt, Divorce, Trusts

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122 N Oklahoma Ave, Mangum, OK 73554

Mark T. Coke

Real Estate, Trusts, Estate, Corporate, Banking & Finance

Status: In Good Standing

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205 West Cypress, Altus, OK 73522

Kelli Rae Woodson

Trusts, Family Law, Insurance, Corporate

Status: In Good Standing

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106 West Broadway, Altus, OK 73521

Rick Keithton Vernon

Lending, Corporate, Trusts, Commercial Real Estate

Status: In Good Standing

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903 Falcon Rd, Altus, OK 73521

David L Cummins

Estate, Criminal

Status: In Good Standing

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215 N 2Nd Blvd, Hollis, OK 73550

Robert A McMahan

Estate Planning, Products Liability, Personal Injury, Medical Malpractice, Car Accident

Status: In Good Standing

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217 W Commerce St, Altus, OK 73521

Michael Todd Beason

Juvenile Law, Administrative Law, Family Law, Wills

Status: In Good Standing Licensed: 2 Years

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123 W Commerce Street, Altus, OK 73522

Sommer Kendall Robbins

Insurance, Adoption, Immigration, Estate Planning

Status: In Good Standing

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101 N Main St, Altus, OK 73522

Ricky Allen Marsh

Lending, Bankruptcy & Debt, Bankruptcy, Estate Planning

Status: In Good Standing

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316 S Main St, Hobart, OK 73651

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LEGAL TERMS

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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.

FAMILY POT TRUST

See pot trust.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.

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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Gould Trusts Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Rebecca Nicole Beason

Corry Kendall

Mark T. Coke

Kelli Rae Woodson

Rick Keithton Vernon

David L Cummins

Robert A McMahan

Michael Todd Beason

Sommer Kendall Robbins

Ricky Allen Marsh

TIPS

LEGAL TERMS

RESIDUARY BENEFICIARY

GENERATION-SKIPPING TRUST

TAKING AGAINST THE WILL

PETITION

TRUST MERGER

FAMILY POT TRUST

ADMINISTRATION (OF AN ESTATE)

SPRINKLING TRUST

EXECUTOR

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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