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Clifton Baker
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Baker Law Tulsa, PLLC
5551 South Lewis Ave Suite A Tulsa, OK 74105» view map
Divorce & Family Law
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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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Christal Dianne Adair

Criminal, Wills, Family Law, Trusts, Estate

Status: In Good Standing

CONTACT

1712 Hazelwood Dr, Norman, OK 73071

Benjamin Paul Butler

Federal Appellate Practice, Trusts, Estate Planning, Family Law

Status: In Good Standing

CONTACT

207 W. Main Street, Norman, OK 73069

Wendy L. Hill

Estate, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

CONTACT

4712 Manor Hill Drive, Norman, OK 73072

Sally Ketchum Edwards

Estate Planning, Guardianships & Conservatorships, Wills & Probate, Trusts

Status: In Good Standing

CONTACT

210 Park Avenue, Oklahoma City, OK 73102

Philip A. Schovanec

Oil & Gas, Trusts, Civil Rights, Business

Status: In Good Standing

CONTACT

211 North Robinson, Oklahoma City, OK 73102

Mark H. Bennett

International Tax, Transportation & Shipping, Trusts, Corporate

Status: In Good Standing

CONTACT

211 North Robinson, Oklahoma City, OK 73102

W. Samuel Dykeman

Corporate, Trusts, Commercial Real Estate, Partnerships

Status: In Good Standing

CONTACT

119 N Robinson Ave, Oklahoma City, OK 73102

Gregory Chansolme

Contract, Trusts, Real Estate, Banking & Finance

Status: In Good Standing

CONTACT

100 N. Broadway, Oklahoma City, OK 73102

Gayle Freeman Cook

Estate, Real Estate, Trusts, Wills & Probate

Status: In Good Standing

CONTACT

100 North Broadway, Oklahoma City, OK 73102

Kurt Mark Schneiter

Corporate, Estate Planning, Gift Taxation, Trusts

Status: In Good Standing

CONTACT

Oklahoma City, OK 73113

800-923-0641

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LEGAL TERMS

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

SAMPLE LEGAL CASES

In re Estate of Jackson

... in which, relying on Thomas v. Bank of Okla., NA, 1984 OK 41, 684 P.2d 553, he argued that in the September 3, 2003 order, the trial court found him to be Jackson's son and Jackson's sole surviving heir at law; that the terms of title 84, section 132 applied to trusts, as well as ...

In re Lorice T. Wallace Revocable Trust

... of the No-Contest Provisions of the Lorice T. Wallace Revocable Trust and the Lorice T. Wallace Irrevocable Trust." After a hearing the trial court found that the respondent-appellant, Mary Roma Wallace Jage, had violated the no-contest provisions included in the two trusts. ...

Welch v. Crow

... [13]. A. Title 84 OS 2001 Â§132 Does Not Apply To Revocable Inter Vivos Trusts. ... [14] The trustees respond that Â§132 applies only to wills, and not to trusts. Our recent opinion in In re Estate of Jackson, 2008 OK 83, 194 P.3d 1269, is dispositive of the question. ...

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Wayne Trusts Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Christal Dianne Adair

Benjamin Paul Butler

Wendy L. Hill

Sally Ketchum Edwards

Philip A. Schovanec

Mark H. Bennett

W. Samuel Dykeman

Gregory Chansolme

Gayle Freeman Cook

Kurt Mark Schneiter

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

FUNDING A TRUST

RESIDUARY ESTATE

LETTERS TESTAMENTARY

ACCUMULATION TRUST

HEIR AT LAW

ADMINISTRATRIX

DEVISEE

DISINHERIT

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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