Tulsa Trusts Lawyer, Oklahoma, page 2

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Clifton Baker
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Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
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Let Baker Law Tulsa, PLLC handle all your legal needs today!

800-828-0670
1. Clifton Baker Tulsa, OK
  Attorney at Law, OK
  Oklahoma City University School of Law, J.D. 1975
2. AboutBaker Law Tulsa, PLLC
  A Law Firm That Cares
3. Practice AreasExpertise
  Divorce & Family Law
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Joshua Jabulani Nthuthukho Whitley

General Practice

Status: In Good Standing

CONTACT

1502 N Florence Pl, Claremore, OK 74017

Ryan Matthew Roberts

Workers' Compensation, Trusts, Criminal, Commercial Real Estate

Status: In Good Standing

CONTACT

Claremore, OK 74018

John H. Cary

Elder Law, Trusts, Guardianships & Conservatorships, Estate Planning

Status: In Good Standing

CONTACT

Claremore, OK 74018

C. Eric Pfanstiel

Construction, Occupational Safety & Health, Litigation, Trusts

Status: In Good Standing

CONTACT

400 West Fourth Street, Claremore, OK 74018

James D. Folsom

Elder Law, Contract, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

507 Pecan Ridge Rd, Fort Gibson, OK 74434

James D. Folsom

Elder Law, Contract, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

507 Pecan Ridge Rd, Fort Gibson, OK 74434

Robert Carlyle Butler

Divorce, Estate Planning, Family Law, Trusts

Status: In Good Standing

CONTACT

110 E A St St, Jenks, OK 74037

Preston W. Jones

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

Status: In Good Standing

CONTACT

314 West Broadway, Muskogee, OK 74401

Sherry Lynn Erb

General Practice

Status: In Good Standing

CONTACT

213 N. 3Rd Street, Muskogee, OK 74401

Michael P. Van Tassell

Bankruptcy, Wills & Probate, Trusts, Divorce & Family Law, Foreclosure

Status: In Good Standing Licensed: 22 Years

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533 W. Broadway, Muskogee, OK 74402

800-923-0641

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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.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

DEED OF TRUST

See trust deed.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

BENEFICIARY

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

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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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Tulsa Trusts Lawyer, Oklahoma, page 2

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Joshua Jabulani Nthuthukho Whitley

Ryan Matthew Roberts

John H. Cary

C. Eric Pfanstiel

James D. Folsom

James D. Folsom

Robert Carlyle Butler

Preston W. Jones

Sherry Lynn Erb

Michael P. Van Tassell

TIPS

LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

PROPERTY CONTROL TRUST

RESIDUARY ESTATE

DEED OF TRUST

LAPSE

LIVING TRUST

SELF-PROVING WILL

BENEFICIARY

FAILURE OF ISSUE

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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