Broken Arrow Estate Lawyer, Oklahoma

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E. Clifton Baker Lawyer

E. Clifton Baker

VERIFIED
Divorce & Family Law, Estate, Business, Lawsuit & Dispute, Real Estate

40 years of general practice, with 50% in domestic work. Handled a wide range of domestic, business, and some criminal work. Sponsored High School Moc... (more)

Monty  Pritchett Lawyer

Monty Pritchett

VERIFIED
Estate Planning, Elder Law

E. Edd Pritchett, Jr. has been an attorney since 1995.  His areas of concentration include Litigation, Insurance Law, and Personal Injury.  ... (more)

FREE CONSULTATION 

CONTACT

918-509-3891

Jon  Starr Lawyer

Jon Starr

VERIFIED
Accident & Injury, Lawsuit & Dispute, Estate, Business, Construction

Jon Starr has tried more 120 cases to jury verdict in Oklahoma. He maintains a civil litigation practice, with a focus on claims involving auto neglig... (more)

FREE CONSULTATION 

CONTACT

918-872-0371

Richard A. Shallcross Lawyer

Richard A. Shallcross

VERIFIED
Accident & Injury, Nursing Home, Workers' Compensation, Bad Faith Insurance, Estate

Richard A. Shallcross has been practicing law in Oklahoma for more than 30 years. His practice is dedicated to the representation of injured patients,... (more)

FREE CONSULTATION 

CONTACT

918-592-1645

Randall G. Vaughan Lawyer

Randall G. Vaughan

VERIFIED
Estate

After developing a successful high school speech and debate program, Randall Vaughan left education to pursue a career as a trial lawyer, a goal that ... (more)

Brittany Littleton

Estate Planning, Trusts, Wills & Probate, Business
Status:  In Good Standing           

Sarah McAmis

Civil Rights, Education, Employment, Estate Planning
Status:  In Good Standing           

Kathy Burch

Tax, Wills & Probate, Corporate, Collection
Status:  In Good Standing           

Melissa Herr

Estate Planning, Family Law, Litigation, Wills & Probate
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Broken Arrow Estate Lawyers and Broken Arrow Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)
The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

BENEFICIARY

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

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)
A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

DEED OF TRUST

See trust deed.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)
1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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.