Asher Trusts Lawyer, Oklahoma

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Monty Pritchett
About | Practice Areas
Pritchett Law Group
126 West Needles Avenue Bixby, OK 74008» view map
Estate Law
A Focus On Results

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918-509-3891
1. Monty Pritchett Bixby, OK
  Attorney at Law, OK
  University of Oklahoma College of Law, J.D.
2. AboutPritchett Law Group
  A Focus On Results
3. Practice AreasExpertise
  Estate 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

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.'

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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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Asher Trusts Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

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

POUR-OVER WILL

FAMILY ALLOWANCE

PETITION

QTIP TRUST

LIVING TRUST

PUBLIC ADMINISTRATOR

DEATH TAXES

REAL ESTATE AGENT

TAKING AGAINST THE WILL

SAMPLE LEGAL CASES

In re Estate of Jackson

In re Lorice T. Wallace Revocable Trust

Welch v. Crow

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