Minco Estate Lawyer, Oklahoma, page 2

Sponsored Law Firm

x
Click For More Info:

Monty Pritchett
About | Practice Areas
Pritchett Law Group
126 West Needles Avenue Bixby, OK 74008» view map
Estate Law
A Focus On Results

Don't wait! Contact us for a free phone consultation. Let us help you figure out what your next best steps are

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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Steven A. Barker

Bankruptcy, Divorce, Estate Planning, State Appellate Practice

Status: In Good Standing

CONTACT

508 W. Vandament, Yukon, OK 73099

Richard A. Williams

Real Estate, Federal Trial Practice, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

111 S.W. Second Street, Anadarko, OK 73005

John W. Garland

Real Estate, Federal Trial Practice, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

111 S.W. Second Street, Anadarko, OK 73005

Michael W Thom

Estate

Status: In Good Standing

CONTACT

3807 N. Asbury, Bethany, OK 73008

T. Leslie Barr

Divorce & Family Law, Estate, Lawsuit & Dispute, DUI-DWI

Status: In Good Standing

CONTACT

Bethany, OK 73008

Lisa Rene Haws

Elder Law, Gift Taxation, Trusts, Tax

Status: In Good Standing

CONTACT

4407 N Hammond Ave, Bethany, OK 73008

Philip Edward McCowan

Environmental Law, Criminal, Wills & Probate, Wills

Status: In Good Standing

CONTACT

6108 N Central, Oklahoma City, OK 73122

Donald Crosby Fuller

International Tax, Gift Taxation, Bankruptcy & Debt

Status: In Good Standing

CONTACT

7008 NW 63rd, Bethany, OK 73008

800-923-0641

Free Help: Use This Form or Call 800-943-8690

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

LEGAL TERMS

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.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Minco Estate Lawyer, Oklahoma, page 2

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Steven A. Barker

Richard A. Williams

John W. Garland

Michael W Thom

T. Leslie Barr

Lisa Rene Haws

Philip Edward McCowan

Donald Crosby Fuller

TIPS

LEGAL TERMS

NONPROBATE

FAMILY ALLOWANCE

PROBATE

FUNDING A TRUST

AB TRUST

SURVIVING SPOUSE'S TRUST

MARITAL LIFE ESTATE TRUST

POWER OF APPOINTMENT

BENEFICIARY

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS