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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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Daniel Loeliger

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Accident & Injury, Estate, Wills & Probate, Trusts, Car Accident

Daniel Loeliger is a practicing lawyer in the state of Oklahoma. Mr. Loeliger received his J.D. from the University of Oklahoma.

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CONTACT

800-781-5710

3233 East Memorial Road, Edmond, OK 73013

Cecil W. Heaton

Immigration, Estate, Adoption, Bankruptcy, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

2 East 11th Street, Edmond, OK 73034

A. Daniel Woska

Bankruptcy & Debt, Estate, Wills, Trusts

Status: In Good Standing

CONTACT

2409 Brookhaven Drive, Edmond, OK 73034

Aaron Don Gwartney

Accident & Injury, Estate, Real Estate

Status: In Good Standing

CONTACT

16312 Muirfield Place, Edmond, OK 73013

Adria Ground Berry

Wills, Estate, Administrative Law

Status: In Good Standing Licensed: 16 Years

CONTACT

2500 Hidden Hollow Dr, Edmond, OK 73034

Aileen Marie Novess

Family Law, Estate Planning, Estate, Wills

Status: In Good Standing Licensed: 23 Years

CONTACT

14517 Brasswood Blvd, Edmond, OK 73013

Alee Anne Gossen

Landlord-Tenant, Elder Law, Divorce, Estate Planning

Status: In Good Standing

CONTACT

2836 N Kelly Ave, Edmond, OK 73003

Andrew Russell Schroeder

Estate Planning, Natural Resources, Contract, Criminal, Commercial Real Estate

Status: In Good Standing

CONTACT

16328 Muirfield Pl., Edmond, OK 73013

Andrew Kevin Long

Bankruptcy & Debt, Insurance, Trusts, Medical Malpractice

Status: In Good Standing

CONTACT

605 Blue Ridge, Edmond, OK 73003

Andrew Russell Schroeder

Estate Planning, Natural Resources, Contract, Criminal, Commercial Real Estate

Status: In Good Standing

CONTACT

16328 Muirfield Pl., Edmond, OK 73013

800-923-0641

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LEGAL TERMS

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

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Coyle Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Daniel Loeliger

Cecil W. Heaton

A. Daniel Woska

Aaron Don Gwartney

Adria Ground Berry

Aileen Marie Novess

Alee Anne Gossen

Andrew Russell Schroeder

Andrew Kevin Long

Andrew Russell Schroeder

TIPS

LEGAL TERMS

RESIDUARY ESTATE

PERSONAL PROPERTY

ACCUMULATION TRUST

POUR-OVER WILL

ABATEMENT

DISCHARGE (OF PROBATE ADMINISTRATOR)

LETTERS TESTAMENTARY

TRUST DEED

ESTATE PLANNING

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