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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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Michael P. Sullivan

Estate Planning, Corporate, Business Organization, Banking & Finance

Status: In Good Standing

CONTACT

921 Main Street, Duncan, OK 73534

Kent P. Sullivan

Mass Torts, Estate Planning, Environmental Law, Family Law, Insurance

Status: In Good Standing

CONTACT

921 Main Street, Duncan, OK 73534

John E. Campbell

Corporate, Estate Planning, Estate

Status: In Good Standing

CONTACT

16 South 9Th Street, Duncan, OK 73533

E. J. Buckholts

Trusts, Natural Resources, Family Law, Banking & Finance

Status: In Good Standing

CONTACT

929 West Willow, Duncan, OK 73533

Thomas T. Ellis

Contract, Personal Injury, Family Law, Trusts, Mass Torts

Status: In Good Standing

CONTACT

929 West Willow, Duncan, OK 73533

Toby Brent Baldwin

Social Security, Divorce, Agriculture, Trusts

Status: In Good Standing

CONTACT

22184 State Highway 7, Duncan, OK 73533

Mary Ann Taylor

Landlord-Tenant, International Tax, Estate, Contract

Status: Inactive Licensed: 30 Years

CONTACT

2303 N Country Club Rd, Duncan, OK 73533

Valerie N. Behrnes

Estate, Litigation, Wills & Probate

Status: In Good Standing

CONTACT

1881 West Spruce Avenue, Duncan, OK 73533

Joe Kyle White

Immigration, Estate, Divorce, Divorce & Family Law

Status: In Good Standing

CONTACT

919 West Maple, Duncan, OK 73533

Rick Rodgers

Dispute Resolution, Corporate, Estate Planning, Trusts

Status: In Good Standing

CONTACT

2206 Carolin Drive, Duncan, OK 73533

800-923-0641

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LEGAL TERMS

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

INTER VIVOS TRUST

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

BENEFICIARY

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

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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Empire City Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Michael P. Sullivan

Kent P. Sullivan

John E. Campbell

E. J. Buckholts

Thomas T. Ellis

Toby Brent Baldwin

Mary Ann Taylor

Valerie N. Behrnes

Joe Kyle White

Rick Rodgers

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LEGAL TERMS

NET ESTATE

ESTATE TAXES

MINERAL RIGHTS

QDOT TRUST

MARITAL LIFE ESTATE TRUST

INTESTATE

INTER VIVOS TRUST

BENEFICIARY

LIVING TRUST

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