Lawrence Creek Estate 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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Bob Don Buchanan

Elder Law, Gift Taxation, Estate Planning, Tax

Status: In Good Standing

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350651 E 5100 Rd, Pawnee, OK 74058

Brian Lee Mitchell

Accident & Injury, Business, Lawsuit & Dispute, Estate, Real Estate

Status: In Good Standing

FREE CONSULTATION

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203 E. Hobson, Sapulpa, OK 74066

Gene Thompson

Estate Planning, Estate, Family Law, Divorce & Family Law

Status: In Good Standing

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301 East Dewey Avenue, Sapulpa, OK 74066

Jeffrey Michael Bonds

Business, Estate Planning, Real Estate, Guardianships & Conservatorships

Status: In Good Standing

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203 E. Hobson, Sapulpa, OK 74066

John Emery Forsyth

Dispute Resolution, Oil & Gas, Estate Planning, Corporate

Status: In Good Standing

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Cushing, OK 74023

John Mark Young

Traffic, Real Estate, Social Security, Trusts, Workers' Compensation

Status: In Good Standing

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2 N Main St, Sapulpa, OK 74066

Jon M Carter

DUI-DWI, Felony, Misdemeanor, Wills & Probate, Criminal

Status: In Good Standing

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602 North Broadway, Cleveland, OK 74020

Mallie Marlene Lawrence

Employee Rights, Gift Taxation

Status: In Good Standing

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4211 Colonial Drive, Sapulpa, OK 74066

Mary Gannaway

Family Law, Estate Planning

Status: In Good Standing

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Bristow, OK 74010

Steven Douglas Swant

Bankruptcy, Federal Appellate Practice, Bankruptcy & Debt, Trusts

Status: In Good Standing

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201 W Rogers Blvd, Skiatook, OK 74070

800-923-0641

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LEGAL TERMS

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

BENEFICIARY

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

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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.

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.

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.

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.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

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Lawrence Creek Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Bob Don Buchanan

Brian Lee Mitchell

Gene Thompson

Jeffrey Michael Bonds

John Emery Forsyth

John Mark Young

Jon M Carter

Mallie Marlene Lawrence

Mary Gannaway

Steven Douglas Swant

TIPS

LEGAL TERMS

PETITION

BENEFICIARY

SPECIAL ADMINISTRATOR

TRUST MERGER

QDOT TRUST

ESTATE TAXES

SPENDTHRIFT TRUST

REAL ESTATE AGENT

INVESTOR

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