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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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Brett Agee

Patent, Wills & Probate, Insurance, Personal Injury, Car Accident

Status: In Good Standing

CONTACT

101 East Grant Avenue, Pauls Valley, OK 73075

Paul Anthony Tortorici

Energy, Wills, Contract, Credit & Debt, Personal Injury

Status: In Good Standing

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101 E Grant Ave, Pauls Valley, OK 73075

Kimmy Don Ashley

Gift Taxation, Family Law, Estate Planning, Tax

Status: In Good Standing

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10051 Flat Armadillo Rd, Lexington, OK 73051

Daniel V. Barney

Real Estate, Traffic, Oil & Gas, Gift Taxation

Status: In Good Standing

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22387 Ncr 3220, Pauls Valley, OK 73075

Edward T. Tillery

Estate, Wills & Probate

Status: In Good Standing

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210 West Grant Ave., Pauls Valley, OK 73075

Teddy Wayne Haxel

Trusts, Criminal, Contract, Lending

Status: In Good Standing

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108 N 2Nd St, Purcell, OK 73080

Greg Dixon

Health Care, Estate

Status: In Good Standing

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108 N 2Nd Ave, Purcell, OK 73080

David Howard San Martin

Military, Estate Planning, Native People, Limited Liability Companies

Status: In Good Standing

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220 Maple St, Noble, OK 73068

Cheryl Ann Clayton

General Practice

Status: In Good Standing

CONTACT

110 S Main St, Noble, OK 73068

David L Nimmo

Lending, Indians & Native Populations, Contract, Estate Planning

Status: In Good Standing

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2600 John Saxon Blvd, Norman, OK 73071

800-923-0641

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LEGAL TERMS

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

GRANTOR

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

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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Rosedale Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Brett Agee

Paul Anthony Tortorici

Kimmy Don Ashley

Daniel V. Barney

Edward T. Tillery

Teddy Wayne Haxel

Greg Dixon

David Howard San Martin

Cheryl Ann Clayton

David L Nimmo

TIPS

LEGAL TERMS

DISTRIBUTEE

QTIP TRUST

ENTITY

BANKRUPTCY ESTATE

SPECIFIC BEQUEST

RESIDUARY ESTATE

PROVING A WILL

GRANTOR

IN TERROREM

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