Olustee Estate Lawyer, Oklahoma

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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
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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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Not enough matches for Olustee Estate lawyer.
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Rebecca Nicole Beason

Divorce & Family Law, Criminal, Estate, Business

Status: In Good Standing

CONTACT

108 West Broadway, Altus, OK 73521

Ken M. Darby

Insurance, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Duke, OK 73532

Daniel Craig Jacobsma

Oil & Gas, Elder Law, Adoption, Federal Appellate Practice

Status: In Good Standing

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Duke, OK 73532

Rafe Robert Hall

Bankruptcy, Adoption, Lending, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Duke, OK 73532

Grant Kincannon

Wrongful Death, Personal Injury, Medical Malpractice, Car Accident

Status: In Good Standing

CONTACT

1000 N. Main St., Altus, OK 73521

Robert A McMahan

Estate Planning, Products Liability, Personal Injury, Medical Malpractice, Car Accident

Status: In Good Standing

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217 W Commerce St, Altus, OK 73521

Timothy Carl Haynie

General Practice

Status: In Good Standing

CONTACT

222 W Cypress Street, Altus, OK 73522

Renee' Walker Gunkel

Real Estate, Adoption, Federal Appellate Practice, Bankruptcy

Status: In Good Standing

CONTACT

106 W Broadway, Altus, OK 73522

Reneé Walker Gunkel

Workers' Compensation, Adoption, Federal Appellate Practice, Bankruptcy & Debt

Status: In Good Standing

CONTACT

106 W Broadway Street, Altus, OK 73522

Brad David Leverett

Adoption, Bankruptcy & Debt, Bankruptcy, Federal Trial Practice

Status: In Good Standing

CONTACT

101 N Main St, Altus, OK 73521

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LEGAL TERMS

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

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.

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Olustee Estate Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Rebecca Nicole Beason

Ken M. Darby

Daniel Craig Jacobsma

Rafe Robert Hall

Grant Kincannon

Robert A McMahan

Timothy Carl Haynie

Renee' Walker Gunkel

Reneé Walker Gunkel

Brad David Leverett

TIPS

LEGAL TERMS

REMAINDERMAN

GRANTOR RETAINED INCOME TRUST

QDOT TRUST

SUMMARY PROBATE

PERSONAL PROPERTY

PROPERTY CONTROL TRUST

SUCCESSION

ESTATE TAXES

TRUST MERGER

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