Tulsa Estate Planning Lawyer, Oklahoma, page 7

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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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2. Email
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Includes: Gift Taxation

Adam K. Marshall

Prosecution, Estate Planning, Transactions, Corporate

Status: In Good Standing

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110 W. Seventh Street, Tulsa, OK 74119

Allen E. Barrow

Commercial Real Estate, Real Estate, Estate Planning, Business

Status: In Good Standing

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110 W. Seventh Street, Tulsa, OK 74119

Melissa Henke Sartin

Estate Planning, Business

Status: In Good Standing

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110 W. Seventh Street, Tulsa, OK 74119

Kimberly Hays

Estate Planning, Family Law, Divorce, Custody & Visitation

Status: In Good Standing

CONTACT

248 W 16Th St, Tulsa, OK 74119

Heath E. Hardcastle

Employee Rights, Family Law, Corporate, Bankruptcy, Estate Planning

Status: In Good Standing

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15 West Sixth Street, Tulsa, OK 74119

James W. Rusher

Credit & Debt, Civil Rights, Divorce, Estate Planning

Status: In Good Standing

CONTACT

15 West Sixth Street, Tulsa, OK 74119

Kenneth F. Albright

Securities, International Tax, Oil & Gas, Estate Planning

Status: In Good Standing

CONTACT

15 West Sixth Street, Tulsa, OK 74119

Donna Marie De Simone

Wills, Estate Planning, Estate, Life & Health

Status: In Good Standing Licensed: 26 Years

CONTACT

321 S Boston Ave, Tulsa, OK 74103

Michael R. Pacewicz

Mediation, Estate Planning, Workers' Compensation, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

321 S Boston Ave, Tulsa, OK 74103

Donna Marie Desimone

General Practice

Status: In Good Standing

CONTACT

321 S Boston Ave, Tulsa, OK 74103

800-923-0641

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LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

BENEFICIARY

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

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

KINDRED

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

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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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Tulsa Estate Planning Lawyer, Oklahoma, page 7

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Adam K. Marshall

Allen E. Barrow

Melissa Henke Sartin

Kimberly Hays

Heath E. Hardcastle

James W. Rusher

Kenneth F. Albright

Donna Marie De Simone

Michael R. Pacewicz

Donna Marie Desimone

TIPS

LEGAL TERMS

BYPASS TRUST

HEIR AT LAW

PETITION

GENERATION-SKIPPING TRUST

TRUSTEE

BENEFICIARY

STATUTORY SHARE

KINDRED

WILL

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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