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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

CONTACT

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

CONTACT

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

Jill Denise Oliver

Oil & Gas, Personal Injury, Family Law, Trusts

Status: In Good Standing

CONTACT

315 Sw 5Th St, Lawton, OK 73501

Jill Denise Oliver

General Practice

Status: In Good Standing

CONTACT

315 Sw 5Th St, Lawton, OK 73501

John C. Mackey

Power of Attorney, Lawsuit & Dispute, Wills & Probate, Insurance, Lending

Status: In Good Standing

CONTACT

431 Sw C Avenue, Lawton, OK 73501

John Anthony Pereira

General Practice

Status: In Good Standing

CONTACT

218 Nw Mimosa Ln, Lawton, OK 73507

800-923-0641

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

Indiahoma 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 C. Mackey

John Anthony Pereira

TIPS

LEGAL TERMS

GRANTOR

GRANT DEED

GENERATION-SKIPPING TRUST

DISTRIBUTEE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

GENERATION-SKIPPING TRANSFER TAX

TRUST MERGER

WILL

FUNDING A TRUST

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