Chelsea Estate 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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Mark William Curnutte

Gift Taxation, Estate, Elder Law, Corporate

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CONTACT

Vinita, OK 74301

Sofia Goodin

Estate Planning, Divorce, Adoption, Criminal

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Vinita, OK 74301

Kassie N. Mccoy

Health Care Other, Eminent Domain, Personal Injury, Estate

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400 West Fourth Street, Claremore, OK 74018

C. Eric Pfanstiel

Construction, Occupational Safety & Health, Litigation, Trusts

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400 West Fourth Street, Claremore, OK 74018

Ben Sherrer

Estate Planning, Divorce, DUI-DWI, Personal Injury

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3 N. Adair, Pryor, OK 74361

Benjamin Michael Lepak

International Other, Litigation, Business & Trade, Wills

Status: Licensed: 16 Years

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200 S Lynn Riggs Blvd, Claremore, OK 74017

Jeffrey Brian Kent

Social Security, Gift Taxation, Criminal, Bankruptcy & Debt, Estate

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306 N Orphan St, Pryor, OK 74361

Jerrold R. Dennis

Wills & Probate, Business, Estate Planning

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CONTACT

108 N. Adair Street, Pryor, OK 74361

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LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

CURATOR

See conservator.

HEIR APPARENT

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

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Chelsea Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Mark William Curnutte

Sofia Goodin

Kassie N. Mccoy

C. Eric Pfanstiel

Ben Sherrer

Benjamin Michael Lepak

Jeffrey Brian Kent

Jerrold R. Dennis

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LEGAL TERMS

NONPROBATE

TRUST CORPUS

ESTATE TAXES

PROBATE

DISTRIBUTEE

CERTIFIED COPY

GRANT DEED

CURATOR

HEIR APPARENT

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