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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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Ana H Basora

Family Law, Wills & Probate, Wills, Divorce

Status: In Good Standing

CONTACT

527 Sw C Ave, Lawton, OK 73501

Ana Basora

Family Law, Real Estate, Immigration, Wills & Probate

Status: In Good Standing Licensed: 25 Years

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601 SW C Ave, Lawton, OK 73501

Dan L Payton

Real Estate, Trusts, Bankruptcy, Business

Status: In Good Standing

CONTACT

602 SW D Ave, Lawton, OK 73501

Don Laurence Smith

Estate Planning, Child Support, Lending, Bankruptcy

Status: In Good Standing

CONTACT

7701 Wyatt Lake Dr, Lawton, OK 73505

Fred T. Fox

Elder Law, Estate Planning, Tax, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

17 Nw Lakewood Dr, Lawton, OK 73505

Jay C. Meyers

Estate, Real Estate, Copyright, Business

Status: In Good Standing

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15 N.W. 44Th Street, Lawton, OK 73505

Jill Denise Oliver

General Practice

Status: In Good Standing

CONTACT

315 Sw 5Th St, Lawton, OK 73501

Jill Denise Oliver

Oil & Gas, Personal Injury, Family Law, Trusts

Status: In Good Standing

CONTACT

315 Sw 5Th St, Lawton, OK 73501

John Maurice Weedn

Traffic, Estate, Adoption, DUI-DWI, Child Custody

Status: In Good Standing

CONTACT

110 Sw 2Nd St, Anadarko, OK 73005

John Wesley Kinslow

Foreclosure, Corporate, Personal Injury, Trusts

Status: In Good Standing

CONTACT

511 Sw C Ave, Lawton, OK 73501

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LEGAL TERMS

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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Elgin Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Ana H Basora

Ana Basora

Dan L Payton

Don Laurence Smith

Fred T. Fox

Jay C. Meyers

Jill Denise Oliver

Jill Denise Oliver

John Maurice Weedn

John Wesley Kinslow

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LEGAL TERMS

ENTITY

INTESTATE

CONSERVATOR

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

ESTATE TAXES

GRANTOR RETAINED INCOME TRUST

ACCUMULATION TRUST

SUMMARY PROBATE

PROVING A WILL

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