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Thomas Estate Lawyer, Oklahoma

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Carissa Cae King

Gift Taxation
Status:  In Good Standing           
CONTACT
118 W Main St, Weatherford, OK 73096
Profile LAWPOINTS™32/100
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Patrick T. Cornell

Wills & Probate, Estate Planning, Corporate, Banking & Finance
Status:  In Good Standing           
CONTACT
117 N. 5Th, Clinton, OK 73601
Profile LAWPOINTS™29/100
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Michael Gene Smith

Oil & Gas, Wills, Credit & Debt, Bankruptcy
Status:  In Good Standing           
CONTACT
9857 N 2210 Rd, Arapaho, OK 73620
Profile LAWPOINTS™34/100
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Carissa Cae King

Wills & Probate, Estate Planning, Trusts, Gift Taxation
Status:  In Good Standing           
CONTACT
814 Frisco Avenue, Clinton, OK 73601
Profile LAWPOINTS™17/100
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Lawyer.com can help you easily and quickly find Thomas Estate Lawyers and Thomas Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

CURATOR

See conservator.

BENEFICIARY

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

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

GRANTOR

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

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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).

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