Tuttle Estate Planning Lawyer, Oklahoma, page 5

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Includes: Gift Taxation

Jereme Michael Cowan

General Practice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  12 Years

D. Frank Plater

General Practice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Christopher G. Mcloughlin

International, Gift Taxation, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Eric Thomas Laity

General Practice
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  45 Years

Curtis K. Towery

Administrative Law, Oil & Gas, Gift Taxation, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  27 Years

Maggie Kaitlin Myers

Environmental Law Other, Employment Discrimination, Corporate, Bankruptcy, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  14 Years

John T. Lilly

Litigation, Science, Technology & Internet, Gift Taxation, Business & Trade
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Amy J. Sine

Tax, Litigation, Trusts, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Lisa Alane Decker

Estate Planning, Environmental Law, Civil Rights, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  35 Years

Kevin Brock Ratliff

Health Care, Government Agencies, Gift Taxation, Banking & Finance
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)
In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)
A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

NET ESTATE

The value of all property owned at death less liabilities or debts.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

TITLE COMPANY

A company that issues title insurance.

KINDRED

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

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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