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Monty Pritchett
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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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Fletcher D Handley

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Criminal, Accident & Injury, Divorce & Family Law, Estate, Oil & Gas

Fletcher Dal Handley, Jr., is a civil justice attorney with The Handley Law Center in Oklahoma. His practice is focused on Personal Injury Law, repres... (more)

CONTACT

800-714-5951

111 South Rock Island, El Reno, OK 73036

Tina Ann Hall

Social Security -- Disability, Family Law, Wills & Probate, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

CONTACT

1705 S. Van Buren Street, Enid, OK 73703

Harold David Hanes

Bankruptcy, Estate Planning, Litigation, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

508 West Vandament, Yukon, OK 73099

Randy Dean Mecklenburg

Elder Law, Gift Taxation, Estate, Corporate

Status: In Good Standing

CONTACT

Kingfisher, OK 73750

Andrew Elias Karim

Federal Appellate Practice, Corporate, Personal Injury, Wills & Probate

Status: In Good Standing

CONTACT

202 North 6Th Street, Kingfisher, OK 73750

Patrick James Gibson

Adoption, Gift Taxation

Status: In Good Standing

CONTACT

302 N Main St, Kingfisher, OK 73750

Karig P. Culver

Corporate, Oil & Gas, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

323 West Broadway, Enid, OK 73702

Tim J. Crowley

Real Estate, Wills & Probate, Trusts, Administrative Law

Status: In Good Standing

CONTACT

323 West Broadway, Enid, OK 73702

Richard L. Mcknight

Estate Planning, Real Estate, Trusts, Estate

Status: In Good Standing

CONTACT

323 West Broadway, Enid, OK 73702

Benjamin Bowers

Estate Planning, Banking & Finance

Status: In Good Standing

CONTACT

323 West Broadway, Enid, OK 73702

800-923-0641

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LEGAL TERMS

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

CURATOR

See conservator.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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Hitchcock Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Fletcher D Handley

Tina Ann Hall

Harold David Hanes

Randy Dean Mecklenburg

Andrew Elias Karim

Patrick James Gibson

Karig P. Culver

Tim J. Crowley

Richard L. Mcknight

Benjamin Bowers

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LEGAL TERMS

EXEMPTION TRUST

HEIR AT LAW

CURATOR

SPENDTHRIFT TRUST

PROBATE COURT

POWER OF APPOINTMENT

BYPASS TRUST

EXECUTOR

PER CAPITA

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