Tuttle Estate Planning Lawyer, Oklahoma, page 8

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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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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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Includes: Gift Taxation

Fredrick Oliver Plater

Wills & Probate, Gift Taxation, Trusts, Tax

Status: In Good Standing

CONTACT

1535 Nw 40Th St, Oklahoma City, OK 73118

Don Hager

Corporate, International Tax, Estate Planning, Trusts

Status: In Good Standing

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1200 Northwest 63Rd Street, Oklahoma City, OK 73116

Teresa Lynn Lewis

Gift Taxation

Status: In Good Standing Licensed: 28 Years

CONTACT

Norman, OK 73070

David Wayne Smith

Adoption, Contract, Divorce, Estate Planning

Status: In Good Standing

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2601 NW Expressway, Oklahoma City, OK 73157

H. Edward Debee

Gift Taxation, Contract, Trusts, Tax

Status: In Good Standing

CONTACT

1200 Nw 63Rd St, Oklahoma City, OK 73116

Robert V. Varnum

Estate Administration, Estate Planning, Living Wills, Power of Attorney

Status: In Good Standing

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1708 Drury Ln, Oklahoma City, OK 73116

Ferris Jay Barger

Administrative Law, Workers' Compensation, Family Law, Estate Planning

Status: In Good Standing

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5005 N. Lincoln Blvd., Oklahoma City, OK 73105

Kenneth T. Mcconkey

Real Estate, Estate Planning, Corporate, Contract

Status: In Good Standing

CONTACT

4800 N Lincoln Blvd, Oklahoma City, OK 73105

Perry Ryan Tirrell

Corporate, Contract, Estate Planning, Insurance, Motor Vehicle

Status: In Good Standing

CONTACT

6608 N. Western Avenue, Oklahoma City, OK 73116

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.'

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

NET ESTATE

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

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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 8

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Fredrick Oliver Plater

Don Hager

Teresa Lynn Lewis

David Wayne Smith

H. Edward Debee

Robert V. Varnum

Ferris Jay Barger

Kenneth T. Mcconkey

Perry Ryan Tirrell

TIPS

LEGAL TERMS

QTIP TRUST

PUBLIC ADMINISTRATOR

DEVISEE

TRUSTEE

INHERIT

TRUST CORPUS

WARRANTY DEED

NET ESTATE

BEQUEATH

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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