Tuttle Estate Planning Lawyer, Oklahoma, page 2

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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
1. Contact
2. Email
3. Refer
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7. Profile

Includes: Gift Taxation

Nancy K. Wakely

General Practice

Status: In Good Standing

CONTACT

1805 72Nd Ave Nw, Norman, OK 73072

Martin Postic

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

CONTACT

2212 Shadowlake Dr, Oklahoma City, OK 73159

David Michael Postic

Corporate, Elder Law, Adoption, Estate Planning

Status: In Good Standing

CONTACT

2212 Shadowlake Drive, Oklahoma City, OK 73159

Julie E. Bates

Estate Planning, Family Law, Adoption

Status: In Good Standing

CONTACT

2212 Shadowlake Dr, Oklahoma City, OK 73159

Kenneth Leslie Dominic

Adoption, Corporate, Family Law, Estate Planning

Status: In Good Standing

CONTACT

12301 Kingsgate Dr, Oklahoma City, OK 73170

David W. Echols

Estate Planning, Divorce, Adoption, Criminal

Status: In Good Standing

CONTACT

9925 S Penn Ave, Oklahoma City, OK 73159

Kyle Lee Endicott

Health Care, Motor Vehicle, Land Use & Zoning, Estate Planning, Commercial Real Estate

Status: In Good Standing

CONTACT

9925 S Pennsylvania Ave, Oklahoma City, OK 73159

Kyle Lee Endicott

Real Estate, Criminal, Contract, Estate Planning

Status: In Good Standing

CONTACT

9925 S Pennsylvania Ave, Oklahoma City, OK 73159

Kristi Lea Hazen

Oil & Gas, Estate Planning

Status: In Good Standing

CONTACT

604 Sw 159Th St, Oklahoma City, OK 73170

Diana Ngo Le

Immigration, Gift Taxation

Status: In Good Standing

CONTACT

9315 S. Penn Ave., Oklahoma City, OK 73159

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross 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.'

HEIR APPARENT

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

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

FAILURE OF ISSUE

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

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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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Tuttle Estate Planning Lawyer, Oklahoma, page 2

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Nancy K. Wakely

Martin Postic

David Michael Postic

Julie E. Bates

Kenneth Leslie Dominic

David W. Echols

Kyle Lee Endicott

Kyle Lee Endicott

Kristi Lea Hazen

Diana Ngo Le

TIPS

LEGAL TERMS

GROSS ESTATE

LIVING TRUST

HEIR APPARENT

INHERITANCE TAXES

FAILURE OF ISSUE

PERSONAL PROPERTY

HEIR AT LAW

DOWER AND CURTESY

INTER VIVOS TRUST

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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