Webb City Estate Lawyer, Oklahoma, page 2

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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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Christina Meyer Deaton

Oil & Gas, Environmental Law, Environmental Law Other, Estate Planning

Status: In Good Standing

CONTACT

420 S. Keeler, Bartlesville, OK 74003

Gary Lynn Bracken

Lawsuit & Dispute, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

Ponca City, OK 74602

David Ross Bandy

Insurance, Adoption, Gift Taxation, Corporate

Status: In Good Standing

CONTACT

Ponca City, OK 74602

Rick D. Tucker

Estate, Oil & Gas, Transactions, Real Estate, State Appellate Practice

Status: In Good Standing

CONTACT

117 W. 5Th Street, Bartlesville, OK 74005

Thomas Janer

Landlord-Tenant, Estate, Divorce & Family Law, Criminal, Contract

Status: In Good Standing

CONTACT

416 E 5th ST, Bartlesville, OK 74003

Peter Scott Buhlinger

Estate Planning, Wills & Probate, Business Organization, Estate

Status: In Good Standing

CONTACT

Bartlesville, OK 74005

Kinder D. Shamhart

Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

224 E 4Th St, Bartlesville, OK 74003

Kinder D. Shamhart

Estate, Adoption, Divorce & Family Law, Elder Law

Status: In Good Standing

CONTACT

224 E 4Th St, Bartlesville, OK 74003

Kinder D. Shamhart

Power of Attorney, Estate, Adoption, Elder Law

Status: In Good Standing

CONTACT

224 E 4Th St, Bartlesville, OK 74003

Mary Jean Steichen

International Other, Gift Taxation, Commercial Real Estate, Tax

Status: In Good Standing Licensed: 26 Years

CONTACT

6151 W Fountain Road, Ponca City, OK 74601

800-923-0641

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LEGAL TERMS

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

DEVISEE

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

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

TESTAMENTARY TRUST

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

CERTIFICATION OF TRUST

See abstract of 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.

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Webb City Estate Lawyer, Oklahoma, page 2

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Christina Meyer Deaton

Gary Lynn Bracken

David Ross Bandy

Rick D. Tucker

Thomas Janer

Peter Scott Buhlinger

Kinder D. Shamhart

Kinder D. Shamhart

Kinder D. Shamhart

Mary Jean Steichen

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LEGAL TERMS

PER CAPITA

SPECIAL ADMINISTRATOR

SPRINKLING TRUST

DEVISEE

FINAL BENEFICIARY

CERTIFIED COPY

TESTAMENTARY TRUST

CERTIFICATION OF TRUST

RESIDUARY ESTATE

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