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Overbrook Estate Planning Lawyer, Oklahoma

Sponsored Law Firm


Includes: Gift Taxation

  SPONSORED LAWYERS

1-8 of 8 matches. Page 1 of 1  

Michael J. Hester

Estate Planning, Civil Rights, Accident & Injury
Status:  In Good Standing           
CONTACT
Overbrook, OK 73453
Profile LAWPOINTS™12/100
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Donald J. Chaffin

Oil & Gas, Litigation, Estate Planning, Environmental Law
Status:  In Good Standing           
CONTACT
100 E Street S.W., Ardmore, OK 73402
Profile LAWPOINTS™19/100
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Robert D. Long

Banking & Finance, Oil & Gas, Estate Planning, Corporate
Status:  In Good Standing           
CONTACT
100 E Street S.W., Ardmore, OK 73402
Profile LAWPOINTS™17/100
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James B Dolman

Commercial Real Estate, Estate Planning, Corporate
Status:  Inactive           Licensed:  34 Years
CONTACT
Ardmore, OK 73402
Profile LAWPOINTS™12/100
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Heather Jane Russell

Social Security, Elder Law, Adoption, Gift Taxation
Status:  In Good Standing           
CONTACT
100 Plaza, Madill, OK 73446
Profile LAWPOINTS™17/100
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Chad D Upton

Real Estate, Criminal, Family Law, Estate Planning
Status:  In Good Standing           
CONTACT
633 4th St., Healdton, OK 73438
Profile LAWPOINTS™25/100
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Melissa Gale Mcpherson

Estate Planning, Bankruptcy, Construction, Personal Injury, Family Law
Status:  In Good Standing           Licensed:  18 Years
CONTACT
Sulphur, OK 73086
Profile LAWPOINTS™34/100
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Melissa Gale McPherson

Estate Planning, Bankruptcy, Construction, Personal Injury, Family Law
Status:  In Good Standing           Licensed:  18 Years
CONTACT
Sulphur, OK 73086
Profile LAWPOINTS™14/100
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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

TRUSTEE POWERS

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

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).

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

BENEFICIARY

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

SAMPLE LEGAL CASES

In re Marriage of Murphy

... Id. Joint revocable trusts are an alternative estate planning technique which have become popular in common-law property states because they avoid probate and the need to sever jointly owned assets into separate trusts for each spouse. Id. at 346-347. ...

Edwards v. Urice

... 22 The evidence in the record establishes the following facts. Urice was not related to Bowers by blood and was not a natural object of her bounty. Prior to 1997, Bowers had never mentioned Urice in her estate planning or wanted him to be involved in her financial affairs. ...

Friedman v. Craig

... The motion included affidavits to support Appellant's defense against a fraudulent conveyance, ie, the transfer of the joint tenancy interest in Appellant's home to Craig in 2001 was an estate planning device necessitated by her heart surgery and a concurrently-executed second ...

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