Sapulpa Estate Planning Lawyer, Oklahoma

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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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Includes: Gift Taxation

Karen M Goins

Estate Planning, Family Law, Medical Malpractice, Personal Injury

Status: In Good Standing

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2417 E Skelly Dr, Tulsa, OK 74105

Raymond Lahann

Business Organization, Estate Planning, Family Law, Personal Injury, Real Estate

Status: In Good Standing

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1851 E. 71st. St., Tulsa, OK 74136

Steve Rouse

Social Security -- Disability, Estate Planning, Workers' Compensation

Status: In Good Standing

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2417 E Skelly Dr, Tulsa, OK 74105

Gene Thompson

Estate Planning, Estate, Family Law, Divorce & Family Law

Status: In Good Standing

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301 East Dewey Avenue, Sapulpa, OK 74066

Mallie Marlene Lawrence

Employee Rights, Gift Taxation

Status: In Good Standing

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4211 Colonial Drive, Sapulpa, OK 74066

Robert Carlyle Butler

Divorce, Estate Planning, Family Law, Trusts

Status: In Good Standing

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110 E A St St, Jenks, OK 74037

Mark Allen Derryberry

Adoption, Contract, Divorce, Estate Planning

Status: In Good Standing

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11952 S 1St, Jenks, OK 74037

Stewart E. Field

Class Action, Estate Planning, Commercial Bankruptcy

Status: In Good Standing

CONTACT

6440 South Lewis, Tulsa, OK 74136

800-923-0641

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

MARITAL LIFE ESTATE TRUST

See AB trust.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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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Sapulpa Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Karen M Goins

Raymond Lahann

Steve Rouse

Gene Thompson

Mallie Marlene Lawrence

Robert Carlyle Butler

Mark Allen Derryberry

Stewart E. Field

TIPS

LEGAL TERMS

TITLE COMPANY

QTIP TRUST

EXECUTOR

MARITAL LIFE ESTATE TRUST

GRANTOR RETAINED INCOME TRUST

ADMINISTRATRIX

KINDRED

CONTINGENT BENEFICIARY

IN TERROREM

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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