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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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Bobby "Chris" Ramsey

Litigation, Health Care, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

314 South 5th Street, Jay, OK 74346

Carolyn A. Shuey

Estate Planning, Gift Taxation, Tax

Status: In Good Standing

CONTACT

31740 S 604 Rd, Grove, OK 74344

Erin Jay Lanway

Estate

Status: In Good Standing

CONTACT

Grove, OK 74345

Georgia Romayne Manley Duffield

General Practice

Status: In Good Standing

CONTACT

Grove, OK 74345

John H. Cary

Elder Law, Trusts, Guardianships & Conservatorships, Estate Planning

Status: In Good Standing

CONTACT

Claremore, OK 74018

Kay Lyn Beauchamp

General Practice

Status: In Good Standing

CONTACT

524 S Main St, Grove, OK 74345

Mark William Curnutte

Gift Taxation, Estate, Elder Law, Corporate

Status: In Good Standing

CONTACT

Vinita, OK 74301

Ryan Matthew Roberts

Workers' Compensation, Trusts, Criminal, Commercial Real Estate

Status: In Good Standing

CONTACT

Claremore, OK 74018

Sofia Goodin

Estate Planning, Divorce, Adoption, Criminal

Status: In Good Standing

CONTACT

Vinita, OK 74301

Sylvia McCormick Spilman

Estate, Business, Power of Attorney, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

53910 N. Ridenour Loop, Afton, OK 74331

800-923-0641

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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Commerce Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Bobby "Chris" Ramsey

Carolyn A. Shuey

Erin Jay Lanway

Georgia Romayne Manley Duffield

John H. Cary

Kay Lyn Beauchamp

Mark William Curnutte

Ryan Matthew Roberts

Sofia Goodin

Sylvia McCormick Spilman

TIPS

LEGAL TERMS

ESTATE PLANNING

DISINHERIT

RESIDUARY ESTATE

INHERIT

TRUSTEE POWERS

IRREVOCABLE TRUST

TAKING AGAINST THE WILL

ADMINISTRATION (OF AN ESTATE)

LIVING TRUST

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