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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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Guy Wade Jackson

Gift Taxation, Corporate, Estate Planning, Tax

Status: In Good Standing

CONTACT

407 W Covell Rd, Edmond, OK 73003

William Brian Puckett

Securities, Wills, Gift Taxation, Tax

Status: In Good Standing

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13921 Quail Pointe Dr, Oklahoma City, OK 73134

Jacquita Rae Gorelick

Divorce, Family Law, Guardianships & Conservatorships, Wills & Probate

Status: In Good Standing

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5321 Nw 115Th, Oklahoma City, OK 73162

Kathy Eileen Wallis

Estate, Wills & Probate

Status: In Good Standing

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Edmond, OK 73003

Michelle Brown Robnett

Wills

Status: In Good Standing Licensed: 32 Years

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772 N Santa Fe Ave, Edmond, OK 73003

Richard Scott Winblad

Oil & Gas, Wills & Probate, Estate Planning, Elder Law, Banking & Finance

Status: In Good Standing

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102 E. Thatcher, Edmond, OK 73034

George S. Freedman Jami Fenner

Real Estate, Wills & Probate, Family Law, Trusts

Status: In Good Standing

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1701 S Kelly, Edmond, OK 73013

Donald John Smith

Commercial Real Estate, Gift Taxation, Estate Planning, Administrative Law

Status: In Good Standing

CONTACT

14716 Collingwood Ln, Edmond, OK 73013

A. Daniel Woska

Bankruptcy & Debt, Estate, Wills, Trusts

Status: In Good Standing

CONTACT

2409 Brookhaven Drive, Edmond, OK 73034

Blaine Michael Peterson

Bankruptcy, Corporate, Contract, Estate Planning

Status: In Good Standing

CONTACT

13913 Quail Pointe Drive, Oklahoma City, OK 73134

800-923-0641

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

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.

TESTAMENTARY TRUST

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

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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Kingfisher Estate Lawyer, Oklahoma, page 5

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Guy Wade Jackson

William Brian Puckett

Jacquita Rae Gorelick

Kathy Eileen Wallis

Michelle Brown Robnett

Richard Scott Winblad

George S. Freedman Jami Fenner

Donald John Smith

A. Daniel Woska

Blaine Michael Peterson

TIPS

LEGAL TERMS

TITLE COMPANY

PROVING A WILL

TESTAMENTARY TRUST

TRUST MERGER

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

AB TRUST

TAKING AGAINST THE WILL

MARITAL LIFE ESTATE TRUST

INHERITANCE TAXES

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