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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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Marvin D. Morgan

Commercial Real Estate, Social Security, Wills, Elder Law

Status: In Good Standing Licensed: 43 Years

CONTACT

715 S Norfolk Ave, Tulsa, OK 74120

N. Blaine Frierson

Foreclosure, Wills & Probate

Status: In Good Standing

CONTACT

1126 S Frankfort Ave, Tulsa, OK 74120

Natalie Kathryn Lester

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

2417 East Admiral Blvd, Tulsa, OK 74110

Robert E. Parker

General Practice

Status: In Good Standing

CONTACT

2120 S Madison Ave, Tulsa, OK 74114

Penni Danielle Skillern

Tax, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

1613 S Cincinnati Ave, Tulsa, OK 74119

John Peter Newhouse

Dispute Resolution, Corporate, Trusts, Contract

Status: In Good Standing

CONTACT

2303 S Florence Ave, Tulsa, OK 74114

Mark E Hardin

Wills & Probate, Estate Planning, Elder Law, Medical Malpractice

Status: In Good Standing

CONTACT

907 S Detroit Ave, Tulsa, OK 74120

Sara Ann Cherry

Adoption, Personal Injury, Family Law, Estate Planning

Status: In Good Standing

CONTACT

907 South Detroit, Tulsa, OK 74120

Clint Thomas Swanson

Wills & Probate, Trusts, Gift Taxation, Corporate

Status: In Good Standing

CONTACT

1516 S Boston Ave, Tulsa, OK 74119

Clint Thomas Swanson

Real Estate, Gift Taxation, Estate, Business

Status: In Good Standing

CONTACT

1516 S Boston Ave, Tulsa, OK 74119

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LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

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.

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Tulsa Estate Lawyer, Oklahoma, page 8

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Marvin D. Morgan

N. Blaine Frierson

Natalie Kathryn Lester

Robert E. Parker

Penni Danielle Skillern

John Peter Newhouse

Mark E Hardin

Sara Ann Cherry

Clint Thomas Swanson

Clint Thomas Swanson

TIPS

LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

MINERAL RIGHTS

TRUST CORPUS

AB TRUST

INTESTATE

INTESTATE SUCCESSION

TRUSTEE POWERS

ADMINISTRATRIX

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