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Clifton Baker
About | Practice Areas
Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
A Law Firm That Cares

Let Baker Law Tulsa, PLLC handle all your legal needs today!

800-828-0670
1. Clifton Baker Tulsa, OK
  Attorney at Law, OK
  Oklahoma City University School of Law, J.D. 1975
2. AboutBaker Law Tulsa, PLLC
  A Law Firm That Cares
3. Practice AreasExpertise
  Divorce & Family Law
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Dale Vance Beard

Elder Law, Gift Taxation, Tax

Status: In Good Standing

CONTACT

Shawnee, OK 74802

Shelley Lynne Levisay

Lawsuit & Dispute, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

318 N. Broadway, Shawnee, OK 74801

Robert Samuel Duran (Rob)

Dispute Resolution, Oil & Gas, Wills & Probate, Securities

Status: In Good Standing Licensed: 23 Years

CONTACT

128 N. Broadway, Shawnee, OK 74802

James Ernest Palinkas

Insurance, Bankruptcy, Adoption, Gift Taxation

Status: In Good Standing

CONTACT

320 N Broadway Ave, Shawnee, OK 74801

Mathew Lee Thomas

Commercial Real Estate, Wills, Family Law, Administrative Law

Status: In Good Standing Licensed: 20 Years

CONTACT

411 E Main St, Shawnee, OK 74801

Kimmy Don Ashley

Gift Taxation, Family Law, Estate Planning, Tax

Status: In Good Standing

CONTACT

10051 Flat Armadillo Rd, Lexington, OK 73051

Bonnie Schomp

Commercial Real Estate, Lawsuit & Dispute, Oil & Gas, Wills

Status: In Good Standing

CONTACT

11973 Highway 3E, Earlsboro, OK 74840

Bradley Mac Carter

Bed Bug, Corporate, Divorce, Estate Planning

Status: In Good Standing

CONTACT

Seminole, OK 74818

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LEGAL TERMS

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.'

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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Macomb Estate Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Dale Vance Beard

Shelley Lynne Levisay

Robert Samuel Duran (Rob)

James Ernest Palinkas

Mathew Lee Thomas

Kimmy Don Ashley

Bonnie Schomp

Bradley Mac Carter

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LEGAL TERMS

GENERATION-SKIPPING TRUST

HEIR AT LAW

TRUSTEE

ENTITY

LIVING TRUST

CHARITABLE TRUST

GENERATION-SKIPPING TRANSFER TAX

WILL

INHERIT

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