Swink 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 Rabon

Commercial Real Estate, Estate, Indians & Native Populations, Commercial Bankruptcy

Status: In Good Standing

CONTACT

402 East Jackson, Hugo, OK 74743

Robert Lee Rabon

Administrative Law, Personal Injury, Divorce, Trusts

Status: In Good Standing

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202 N 2Nd St, Hugo, OK 74743

Scott F. Doering

Criminal, Family Law, Commercial Real Estate, Wills

Status: In Good Standing

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121 N Central Ave, Idabel, OK 74745

Scott F. Doering

Criminal, Estate Planning, Commercial Real Estate, Family Law

Status: In Good Standing

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121 N Central Ave, Idabel, OK 74745

Emily Maxwell Herron

General Practice

Status: In Good Standing

CONTACT

108 North Central, Idabel, OK 74745

Gwendolyn Sue Frost

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1520 N 4360 Rd, Fort Towson, OK 74735

Dana C. Bowen

General Practice

Status: In Good Standing

CONTACT

1794 Valliant Bypass Rd., Valliant, OK 74764

S. B. Armstrong

General Practice

Status: Inactive Licensed: 45 Years

CONTACT

Valliant, OK 74764

Ronald D. Cox

General Practice

Status: Inactive Licensed: 39 Years

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Grant, OK 74738

Robert Lee Rabon

Federal Appellate Practice, Child Custody, Adoption, Indians & Native Populations, Administrative Law

Status: In Good Standing

CONTACT

1202 E Jefferson ST, Hugo, OK 74743

800-923-0641

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LEGAL TERMS

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

IRREVOCABLE TRUST

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

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

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Swink Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Bob Rabon

Robert Lee Rabon

Scott F. Doering

Scott F. Doering

Emily Maxwell Herron

Gwendolyn Sue Frost

Dana C. Bowen

S. B. Armstrong

Ronald D. Cox

Robert Lee Rabon

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LEGAL TERMS

INHERITANCE TAXES

EXEMPTION TRUST

INTESTATE

GROSS ESTATE

IRREVOCABLE TRUST

ALTERNATE BENEFICIARY

TRUST MERGER

MARITAL LIFE ESTATE TRUST

REAL ESTATE AGENT

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