Tipton 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
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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Mark T. Coke

Real Estate, Trusts, Estate, Corporate, Banking & Finance

Status: In Good Standing

CONTACT

205 West Cypress, Altus, OK 73522

Jay C. Meyers

Estate, Real Estate, Copyright, Business

Status: In Good Standing

CONTACT

15 N.W. 44Th Street, Lawton, OK 73505

Sylvia M. Burgess

Trusts, Estate Planning, Employee Rights, Corporate

Status: In Good Standing

CONTACT

21 N.W. 44Th Street, Lawton, OK 73505

O. Christopher Meyers

Litigation, Trusts, Elder Law, Business

Status: In Good Standing

CONTACT

15 N.W. 44Th Street, Lawton, OK 73505

Orin Chris Meyers

Motor Vehicle, Estate, Criminal, Car Accident

Status: In Good Standing

CONTACT

15 NW 44th St, Lawton, OK 73505

Ana Basora

Family Law, Real Estate, Immigration, Wills & Probate

Status: In Good Standing Licensed: 25 Years

CONTACT

601 SW C Ave, Lawton, OK 73501

Dan L Payton

Real Estate, Trusts, Bankruptcy, Business

Status: In Good Standing

CONTACT

602 SW D Ave, Lawton, OK 73501

Shon T Erwin

Real Estate, Military, Personal Injury, Wills & Probate

Status: In Good Standing

CONTACT

802 SW C Ave, Lawton, OK 73501

Steve J. Coleman

Corporate, Personal Injury, Adoption, Estate Planning

Status: In Good Standing

CONTACT

612 Sw "D" Avenue, Lawton, OK 73501

800-923-0641

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LEGAL TERMS

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.

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.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

TESTAMENTARY TRUST

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

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

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.'

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Tipton Estate Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Mark T. Coke

Jay C. Meyers

Sylvia M. Burgess

O. Christopher Meyers

Orin Chris Meyers

Ana Basora

Dan L Payton

Shon T Erwin

Steve J. Coleman

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LEGAL TERMS

TRUSTEE

IN TERROREM

ENDOWMENT INSURANCE

ACCUMULATION TRUST

TESTAMENTARY TRUST

INTESTATE SUCCESSION

HEIR APPARENT

REAL ESTATE AGENT

LIVING TRUST

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