Wright City Estate Planning 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
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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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Includes: Gift Taxation

Not enough matches for Wright City Estate Planning lawyer.
Below are all Wright City lawyers.

Sean K Huffman

Litigation

Status: In Good Standing Licensed: 18 Years

CONTACT

700 South Park Drive, Broken Bow, OK 74728

John Burnett Callaham

General Practice

Status: In Good Standing

CONTACT

Broken Bow, OK 74728

S. B. Armstrong

General Practice

Status: Inactive Licensed: 45 Years

CONTACT

Valliant, OK 74764

Charles Romick

General Practice

Status: Deceased Licensed: 99 Years

CONTACT

Broken Bow, OK 74728

James Leroy Mcclendon

Real Estate, Contract, Divorce, Family Law

Status: In Good Standing

CONTACT

Broken Bow, OK 74728

Jon Ed Brown

Litigation, Patent, Federal Trial Practice, Wrongful Death

Status: In Good Standing Licensed: 17 Years

CONTACT

2100 E Washington Ave, Idabel, OK 74745

Scott F. Doering

Criminal, Family Law, Commercial Real Estate, Wills

Status: In Good Standing

CONTACT

121 N Central Ave, Idabel, OK 74745

Travis Samuel Crocker

General Practice

Status: In Good Standing

CONTACT

117 N Central Ave, Idabel, OK 74745

James P. Longacre

Administrative Law, Oil & Gas, Workers' Compensation, Social Security, Elder Law

Status: In Good Standing

CONTACT

117 N Central Ave, Idabel, OK 74745

James P. Longacre

Car Accident, Insurance, Personal Injury, Workers' Compensation, Social Security

Status: In Good Standing Licensed: 22 Years

CONTACT

117 North Central Ave, Idabel, OK 74745

800-923-0641

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LEGAL TERMS

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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

HEIR APPARENT

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

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SAMPLE LEGAL CASES

In re Marriage of Murphy

... Id. Joint revocable trusts are an alternative estate planning technique which have become popular in common-law property states because they avoid probate and the need to sever jointly owned assets into separate trusts for each spouse. Id. at 346-347. ...

Edwards v. Urice

... 22 The evidence in the record establishes the following facts. Urice was not related to Bowers by blood and was not a natural object of her bounty. Prior to 1997, Bowers had never mentioned Urice in her estate planning or wanted him to be involved in her financial affairs. ...

Friedman v. Craig

... The motion included affidavits to support Appellant's defense against a fraudulent conveyance, ie, the transfer of the joint tenancy interest in Appellant's home to Craig in 2001 was an estate planning device necessitated by her heart surgery and a concurrently-executed second ...

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Wright City Estate Planning Lawyer, Oklahoma

Sponsored Law Firm

Baker Law Tulsa, PLLC

SPONSORED LAWYERS

Sean K Huffman

John Burnett Callaham

S. B. Armstrong

Charles Romick

James Leroy Mcclendon

Jon Ed Brown

Scott F. Doering

Travis Samuel Crocker

James P. Longacre

James P. Longacre

TIPS

LEGAL TERMS

REAL ESTATE AGENT

GROSS ESTATE

RESIDUARY ESTATE

PERSONAL PROPERTY

RULE AGAINST PERPETUITIES

PREDECEASED SPOUSE

GENERATION-SKIPPING TRUST

HEIR APPARENT

PROPERTY CONTROL TRUST

SAMPLE LEGAL CASES

In re Marriage of Murphy

Edwards v. Urice

Friedman v. Craig

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