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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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Anne M McKinney

Estate Planning, Wills & Probate, Tax, Trusts

Status: In Good Standing

FREE CONSULTATION

CONTACT

5215 East 71st Street, Tulsa, OK 74136

Kara Marisa Greuel

Wills, Wills & Probate, Trusts, Elder Law

Status: In Good Standing

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5100 East Skelly Drive, Tulsa, OK 74136

Brittany Littleton

Estate Planning, Trusts, Wills & Probate, Business

Status: In Good Standing

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2604 W. Kenosha, Broken Arrow, OK 74012

John Mark Young

Traffic, Real Estate, Social Security, Trusts, Workers' Compensation

Status: In Good Standing

CONTACT

2 N Main St, Sapulpa, OK 74066

Robert Carlyle Butler

Divorce, Estate Planning, Family Law, Trusts

Status: In Good Standing

CONTACT

110 E A St St, Jenks, OK 74037

Gary W Crews

Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing

CONTACT

1795 East 71st Street, Tulsa, OK 74136

Sally Kelley

Trusts, Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

5727 S Lewis Ave, Tulsa, OK 74105

Sally Kelley

Trusts, Estate

Status: In Good Standing Licensed: 26 Years

CONTACT

5727 S Lewis Ave, Tulsa, OK 74105

Kathryn A. Herwig

Personal Injury, Workers' Compensation, Family Law, Trusts

Status: In Good Standing

CONTACT

5416 South Yale Avenue, Tulsa, OK 74135

Jeffry Conner Steen

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing

CONTACT

404 West Broadway Avenue, Broken Arrow, OK 74012

800-923-0641

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LEGAL TERMS

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.'

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INTER VIVOS TRUST

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

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.

SAMPLE LEGAL CASES

In re Estate of Jackson

... in which, relying on Thomas v. Bank of Okla., NA, 1984 OK 41, 684 P.2d 553, he argued that in the September 3, 2003 order, the trial court found him to be Jackson's son and Jackson's sole surviving heir at law; that the terms of title 84, section 132 applied to trusts, as well as ...

In re Lorice T. Wallace Revocable Trust

... of the No-Contest Provisions of the Lorice T. Wallace Revocable Trust and the Lorice T. Wallace Irrevocable Trust." After a hearing the trial court found that the respondent-appellant, Mary Roma Wallace Jage, had violated the no-contest provisions included in the two trusts. ...

Welch v. Crow

... [13]. A. Title 84 OS 2001 Â§132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that Â§132 applies only to wills, and not to trusts. Our recent opinion in In re Estate of Jackson, 2008 OK 83, 194 P.3d 1269, is dispositive of the question. ...

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Castle Trusts Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Anne M McKinney

Kara Marisa Greuel

Brittany Littleton

John Mark Young

Robert Carlyle Butler

Gary W Crews

Sally Kelley

Sally Kelley

Kathryn A. Herwig

Jeffry Conner Steen

TIPS

LEGAL TERMS

TRUST CORPUS

QDOT TRUST

PROBATE

BANKRUPTCY ESTATE

GROSS ESTATE

ANCILLARY PROBATE

REAL ESTATE AGENT

INTER VIVOS TRUST

TRUSTEE

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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