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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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Fletcher D Handley

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Criminal, Accident & Injury, Divorce & Family Law, Estate, Oil & Gas

Fletcher Dal Handley, Jr., is a civil justice attorney with The Handley Law Center in Oklahoma. His practice is focused on Personal Injury Law, repres... (more)

CONTACT

800-714-5951

111 South Rock Island, El Reno, OK 73036

Stephen R. McCalla

Estate, Estate Planning, Family Law, Mental Health

Status: In Good Standing

CONTACT

201 North Fourth Street, Chickasha, OK 73018

Tom A. Frailey

Estate, Estate Planning, Municipal, Wills & Probate

Status: In Good Standing

CONTACT

201 North Fourth Street, Chickasha, OK 73018

Harold David Hanes

Bankruptcy, Estate Planning, Litigation, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

508 West Vandament, Yukon, OK 73099

Carol Wood Mitchell

Wills & Probate, Family Law, Lending, Bankruptcy

Status: In Good Standing

CONTACT

208 Kortney Pl, Tuttle, OK 73089

Haley Simmoneau

Bankruptcy & Debt, Estate

Status: In Good Standing Licensed: 7 Years

CONTACT

P.O. Box 1364, Mustang, OK 73064

Richard Meacham Fogg

Estate, Adoption, Indians & Native Populations, Elder Law, Trusts

Status: In Good Standing

CONTACT

421 S Rock Island Ave, El Reno, OK 73036

Timothy Joel Prentice

Estate, Discrimination, Workers' Compensation

Status: In Good Standing

CONTACT

201 N. 4th St., Chickasha, OK 73018

David Keith Ratcliff

Real Estate, Traffic, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

308 West Choctaw Ave, Chickasha, OK 73023

David L. Perryman

Estate, Power of Attorney, Real Estate, Elder Law, Business

Status: In Good Standing Licensed: 41 Years

CONTACT

118 North Fourth Street, Chickasha, OK 73018

800-923-0641

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LEGAL TERMS

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.

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.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

NET ESTATE

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

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.

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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Minco Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Fletcher D Handley

Stephen R. McCalla

Tom A. Frailey

Harold David Hanes

Carol Wood Mitchell

Haley Simmoneau

Richard Meacham Fogg

Timothy Joel Prentice

David Keith Ratcliff

David L. Perryman

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LEGAL TERMS

TAKING AGAINST THE WILL

RESIDUARY BENEFICIARY

SURVIVING SPOUSE'S TRUST

SPENDTHRIFT TRUST

NET ESTATE

INHERITANCE TAXES

ACCUMULATION TRUST

NONPROBATE

INTER VIVOS TRUST

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