Langston Estate Planning Lawyer, Oklahoma

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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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Includes: Gift Taxation

Derrick Dale Davies

Oil & Gas, Gift Taxation, Tax

Status: In Good Standing

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3106 Cypress Mill St, Stillwater, OK 74074

Leann Drummond Ellis

Wills & Probate, Trusts, Gift Taxation, Estate Planning

Status: In Good Standing

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711 S Husband Ave, Stillwater, OK 74074

Jared Harrison

International Tax, Wills & Probate, Estate Planning, Business

Status: In Good Standing

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205 West 7Th Avenue, Stillwater, OK 74074

Leann Drummond Ellis

Gift Taxation, Estate Planning, Business, Property Damage

Status: In Good Standing

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711 S Husband Ave, Stillwater, OK 74074

Brandee R. Hancock

Elder Law, Gift Taxation, Trusts, Tax

Status: In Good Standing

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601 N Willis Street, Stillwater, OK 74078

James D. Thomas

Tax, Wills, Gift Taxation, Business & Trade

Status: In Good Standing Licensed: 54 Years

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3001 Viewmont Rd, Edmond, OK 73003

Sally Wright Cohea

Gift Taxation, Tax

Status: In Good Standing

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2809 Sweetbriar, Edmond, OK 73034

Melissa Carol Haddock

Adoption, Federal Appellate Practice, Divorce, Estate Planning

Status: In Good Standing

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508 Hollowdale, Edmond, OK 73003

Michael John Romero

Administrative Law, Employee Rights, Elder Law, Gift Taxation

Status: In Good Standing

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2524 N Broadway Street, Edmond, OK 73034

Lynn David Mcbride

Elder Law, Bankruptcy & Debt, Gift Taxation, Corporate

Status: In Good Standing

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732 N Santa Fe Ave, Edmond, OK 73003

800-923-0641

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LEGAL TERMS

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

SAMPLE LEGAL CASES

In re Marriage of Murphy

... Id. Joint revocable trusts are an alternative estate planning technique which have become popular in common-law property states because they avoid probate and the need to sever jointly owned assets into separate trusts for each spouse. Id. at 346-347. ...

Edwards v. Urice

... 22 The evidence in the record establishes the following facts. Urice was not related to Bowers by blood and was not a natural object of her bounty. Prior to 1997, Bowers had never mentioned Urice in her estate planning or wanted him to be involved in her financial affairs. ...

Friedman v. Craig

... The motion included affidavits to support Appellant's defense against a fraudulent conveyance, ie, the transfer of the joint tenancy interest in Appellant's home to Craig in 2001 was an estate planning device necessitated by her heart surgery and a concurrently-executed second ...

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Langston Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Derrick Dale Davies

Leann Drummond Ellis

Jared Harrison

Leann Drummond Ellis

Brandee R. Hancock

James D. Thomas

Sally Wright Cohea

Melissa Carol Haddock

Michael John Romero

Lynn David Mcbride

TIPS

LEGAL TERMS

DOWER AND CURTESY

FAMILY ALLOWANCE

ESTATE TAXES

DISCHARGE (OF PROBATE ADMINISTRATOR)

IRREVOCABLE TRUST

INVESTOR

PROPERTY CONTROL TRUST

PREDECEASED SPOUSE

INTESTATE

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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