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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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Monty Pritchett

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Estate Planning, Elder Law

E. Edd Pritchett, Jr. has been an attorney since 1995. His areas of concentration include Litigation, Insurance Law, and Personal Injury. ... (more)

FREE CONSULTATION

CONTACT

918-509-3891

126 West Needles Avenue, Bixby, OK 74008

E. Clifton Baker

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Divorce & Family Law, Estate, Business, Lawsuit & Dispute, Real Estate

40 years of general practice, with 50% in domestic work. Handled a wide range of domestic, business, and some criminal work. Sponsored High School Moc... (more)

CONTACT

918-582-6550

2017 S. Elm Pl., Broken Arrow, OK 74012

Brittany Littleton

Estate Planning, Trusts, Wills & Probate, Business

Status: In Good Standing

CONTACT

2604 W. Kenosha, Broken Arrow, OK 74012

Kathy Burch

Tax, Wills & Probate, Corporate, Collection

Status: In Good Standing

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4715 E 91st St, Tulsa, OK 74137

Melissa Herr

Estate Planning, Family Law, Litigation, Wills & Probate

Status: In Good Standing

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5555 E. 71st Street, Tulsa, OK 74136

Anne M McKinney

Estate Planning, Wills & Probate, Tax, Trusts

Status: In Good Standing

FREE CONSULTATION

CONTACT

5215 East 71st Street, Tulsa, OK 74136

Dana Michelle McDaniel

Wills, Wills & Probate, Estate Planning, Bankruptcy

Status: In Good Standing

CONTACT

7318 South Yale Avenue, Tulsa, OK 74136

Lawrence A .G. Johnson

Family Law, Medical Malpractice, Wills & Probate, Construction

Status: In Good Standing

CONTACT

Bridgeport III, 6450 South Lewis, Tulsa, OK 74136

Kara Marisa Greuel

Wills, Wills & Probate, Trusts, Elder Law

Status: In Good Standing

CONTACT

5100 East Skelly Drive, Tulsa, OK 74136

Grant E. Cheadle

Bankruptcy, Business Organization, Contract, Estate Planning

Status: In Good Standing

CONTACT

1723 E 71st Street, Tulsa, OK 74136

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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.

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

Leonard Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Monty Pritchett

E. Clifton Baker

Brittany Littleton

Kathy Burch

Melissa Herr

Anne M McKinney

Dana Michelle McDaniel

Lawrence A .G. Johnson

Kara Marisa Greuel

Grant E. Cheadle

TIPS

LEGAL TERMS

GROSS ESTATE

CHARITABLE TRUST

INVESTOR

EXEMPTION TRUST

TRUSTEE POWERS

SUMMARY PROBATE

TRUST MERGER

DOWER AND CURTESY

CERTIFICATION OF TRUST

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