Washita Estate Lawyer, Oklahoma, page 4

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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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T. Leslie Barr

Divorce & Family Law, Estate, Lawsuit & Dispute, DUI-DWI

Status: In Good Standing

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Bethany, OK 73008

Lisa Rene Haws

Elder Law, Gift Taxation, Trusts, Tax

Status: In Good Standing

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4407 N Hammond Ave, Bethany, OK 73008

Philip Edward McCowan

Environmental Law, Criminal, Wills & Probate, Wills

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6108 N Central, Oklahoma City, OK 73122

Donald Crosby Fuller

International Tax, Gift Taxation, Bankruptcy & Debt

Status: In Good Standing

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7008 NW 63rd, Bethany, OK 73008

Michael Gene Smith

Oil & Gas, Wills, Credit & Debt, Bankruptcy

Status: In Good Standing

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9857 N 2210 Rd, Arapaho, OK 73620

Jacquita Rae Gorelick

Divorce, Family Law, Guardianships & Conservatorships, Wills & Probate

Status: In Good Standing

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5321 Nw 115Th, Oklahoma City, OK 73162

Todd Taylor

Arbitration, Health Care Other, Wills & Probate, Corporate

Status: In Good Standing

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5761 N.W. 132Nd Street, Oklahoma City, OK 73142

John Morton Coffey

Tax, Commercial Real Estate, Gift Taxation, Lending

Status: In Good Standing

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12801 Fox Forest Circle, Oklahoma City, OK 73142

Tejal Jitendra Patel

Wills, Estate

Status: In Good Standing

CONTACT

5509 Pulchella Dr, Oklahoma City, OK 73142

Tejal Jitendra Patel

Wills, Estate

Status: In Good Standing

CONTACT

5509 Pulchella Dr, Oklahoma City, OK 73142

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

DEVISEE

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

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

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Washita Estate Lawyer, Oklahoma, page 4

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

T. Leslie Barr

Lisa Rene Haws

Philip Edward McCowan

Donald Crosby Fuller

Michael Gene Smith

Jacquita Rae Gorelick

Todd Taylor

John Morton Coffey

Tejal Jitendra Patel

Tejal Jitendra Patel

TIPS

LEGAL TERMS

FUNDING A TRUST

DISINHERIT

INVESTOR

DEVISEE

AUGMENTED ESTATE

RULE AGAINST PERPETUITIES

LIFE BENEFICIARY

INTESTATE SUCCESSION

STATUTORY SHARE

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