Tipton Estate Lawyer, Oklahoma

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Ana H Basora

Family Law, Wills & Probate, Wills, Divorce
Status:  In Good Standing           

Ana Basora

Family Law, Real Estate, Immigration, Wills & Probate
Status:  In Good Standing           Licensed:  25 Years

Corry Kendall

Contract, Credit & Debt, Divorce, Trusts
Status:  In Good Standing           

Dan L Payton

Real Estate, Trusts, Bankruptcy, Business
Status:  In Good Standing           

Don Laurence Smith

Estate Planning, Child Support, Lending, Bankruptcy
Status:  In Good Standing           

Fred T. Fox

Elder Law, Estate Planning, Tax, Guardianships & Conservatorships
Status:  In Good Standing           

Jay C. Meyers

Estate, Real Estate, Copyright, Business
Status:  In Good Standing           

Jill Denise Oliver

General Practice
Status:  In Good Standing           

Jill Denise Oliver

Oil & Gas, Personal Injury, Family Law, Trusts
Status:  In Good Standing           

John C. Mackey

Power of Attorney, Lawsuit & Dispute, Wills & Probate, Insurance, Lending
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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TIPS

Lawyer.com can help you easily and quickly find Tipton Estate Lawyers and Tipton 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

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)
Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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.

TITLE COMPANY

A company that issues title insurance.

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.

DEED OF TRUST

See trust deed.

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).