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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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Brittany Littleton

Estate Planning, Trusts, Wills & Probate, Business

Status: In Good Standing

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2604 W. Kenosha, Broken Arrow, OK 74012

Anne M McKinney

Estate Planning, Wills & Probate, Tax, Trusts

Status: In Good Standing

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5215 East 71st Street, Tulsa, OK 74136

Kara Marisa Greuel

Wills, Wills & Probate, Trusts, Elder Law

Status: In Good Standing

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5100 East Skelly Drive, Tulsa, OK 74136

J. Scott McWilliams

Bankruptcy, DUI-DWI, Estate Planning, Trusts

Status: In Good Standing

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1612 S. Cincinnati, Tulsa, OK 74119

Harry V. Rouse

Wills & Probate, Trusts, Estate Planning, Employment

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

William C. Anderson

Real Estate, Litigation, Election & Political, Trusts

Status: In Good Standing

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320 South Boston Avenue, Tulsa, OK 74103

Preston W. Jones

Wills & Probate, Trusts, Estate Planning, Business & Trade

Status: In Good Standing

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314 West Broadway, Muskogee, OK 74401

Jeffry Conner Steen

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing

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404 West Broadway Avenue, Broken Arrow, OK 74012

C. Eric Pfanstiel

Construction, Occupational Safety & Health, Litigation, Trusts

Status: In Good Standing

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400 West Fourth Street, Claremore, OK 74018

Gary W Crews

Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing

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1795 East 71st Street, Tulsa, OK 74136

800-923-0641

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LEGAL TERMS

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

DEED OF TRUST

See trust deed.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.

BENEFICIARY

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

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.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

SAMPLE LEGAL CASES

In re Estate of Jackson

... in which, relying on Thomas v. Bank of Okla., NA, 1984 OK 41, 684 P.2d 553, he argued that in the September 3, 2003 order, the trial court found him to be Jackson's son and Jackson's sole surviving heir at law; that the terms of title 84, section 132 applied to trusts, as well as ...

In re Lorice T. Wallace Revocable Trust

... of the No-Contest Provisions of the Lorice T. Wallace Revocable Trust and the Lorice T. Wallace Irrevocable Trust." After a hearing the trial court found that the respondent-appellant, Mary Roma Wallace Jage, had violated the no-contest provisions included in the two trusts. ...

Welch v. Crow

... [13]. A. Title 84 OS 2001 Â§132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that Â§132 applies only to wills, and not to trusts. Our recent opinion in In re Estate of Jackson, 2008 OK 83, 194 P.3d 1269, is dispositive of the question. ...

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Okay Trusts Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Brittany Littleton

Anne M McKinney

Kara Marisa Greuel

J. Scott McWilliams

Harry V. Rouse

William C. Anderson

Preston W. Jones

Jeffry Conner Steen

C. Eric Pfanstiel

Gary W Crews

TIPS

LEGAL TERMS

FINAL BENEFICIARY

REAL ESTATE AGENT

DEED OF TRUST

ACCUMULATION TRUST

POUR-OVER WILL

FAMILY ALLOWANCE

BENEFICIARY

PROBATE

SPECIAL ADMINISTRATOR

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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