Granite Estate Planning Lawyer, Oklahoma

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Clifton Baker
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Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
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800-828-0670
1. Clifton Baker Tulsa, OK
  Attorney at Law, OK
  Oklahoma City University School of Law, J.D. 1975
2. AboutBaker Law Tulsa, PLLC
  A Law Firm That Cares
3. Practice AreasExpertise
  Divorce & Family Law
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Includes: Gift Taxation

Carissa Cae King

Gift Taxation

Status: In Good Standing

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118 W Main St, Weatherford, OK 73096

Carissa Cae King

Wills & Probate, Estate Planning, Trusts, Gift Taxation

Status: In Good Standing

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814 Frisco Avenue, Clinton, OK 73601

David L. Mosburg

Criminal, Divorce & Family Law, Estate Planning, Business Organization, Real Estate

Status: In Good Standing Licensed: 20 Years

FREE CONSULTATION

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1300 W. Gary Blvd, Clinton, OK 73601

James A. Brown

Commercial Real Estate, Estate Planning

Status: In Good Standing

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Elk City, OK 73648

Melrose L Minton

Commercial Real Estate, Federal Trial Practice, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

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Weatherford, OK 73096

Michael Andrew Womble

General Practice

Status: In Good Standing

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Clinton, OK 73601

Patrick T. Cornell

Wills & Probate, Estate Planning, Corporate, Banking & Finance

Status: In Good Standing

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117 N. 5Th, Clinton, OK 73601

Ricky Allen Marsh

Lending, Bankruptcy & Debt, Bankruptcy, Estate Planning

Status: In Good Standing

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316 S Main St, Hobart, OK 73651

Robert A McMahan

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

Status: In Good Standing

CONTACT

217 W Commerce St, Altus, OK 73521

Sommer Kendall Robbins

Insurance, Adoption, Immigration, Estate Planning

Status: In Good Standing

CONTACT

101 N Main St, Altus, OK 73522

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

FUNDING A TRUST

Transferring ownership of property to a trust.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

MARITAL LIFE ESTATE TRUST

See AB trust.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

SAMPLE LEGAL CASES

In re Marriage of Murphy

... Id. Joint revocable trusts are an alternative estate planning technique which have become popular in common-law property states because they avoid probate and the need to sever jointly owned assets into separate trusts for each spouse. Id. at 346-347. ...

Edwards v. Urice

... 22 The evidence in the record establishes the following facts. Urice was not related to Bowers by blood and was not a natural object of her bounty. Prior to 1997, Bowers had never mentioned Urice in her estate planning or wanted him to be involved in her financial affairs. ...

Friedman v. Craig

... The motion included affidavits to support Appellant's defense against a fraudulent conveyance, ie, the transfer of the joint tenancy interest in Appellant's home to Craig in 2001 was an estate planning device necessitated by her heart surgery and a concurrently-executed second ...

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Granite Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Carissa Cae King

Carissa Cae King

David L. Mosburg

James A. Brown

Melrose L Minton

Michael Andrew Womble

Patrick T. Cornell

Ricky Allen Marsh

Robert A McMahan

Sommer Kendall Robbins

TIPS

LEGAL TERMS

ACCUMULATION TRUST

SUMMARY PROBATE

IRREVOCABLE TRUST

LIVING TRUST

FUNDING A TRUST

TRUST CORPUS

TESTAMENTARY TRUST

MARITAL LIFE ESTATE TRUST

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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