Pauls Valley 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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Richard E. Smalley

Traffic, Estate, Divorce & Family Law, Animal Bite

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305 East Comanche, Norman, OK 73069

Deborah A Sterkel

Banking & Finance, Corporate, Business Organization, Estate Planning, Elder Law

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201 North Fourth Street, Chickasha, OK 73018

Debbie Lynn Self

Family Law, Franchising, Wills & Probate, Bad Faith Insurance

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FREE CONSULTATION

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1224 Southwest 104th Street, Oklahoma City, OK 73170

Stephen R. McCalla

Estate, Estate Planning, Family Law, Mental Health

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201 North Fourth Street, Chickasha, OK 73018

Tom A. Frailey

Estate, Estate Planning, Municipal, Wills & Probate

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201 North Fourth Street, Chickasha, OK 73018

Daniel V. Barney

Real Estate, Traffic, Oil & Gas, Gift Taxation

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22387 Ncr 3220, Pauls Valley, OK 73075

Kimmy Don Ashley

Gift Taxation, Family Law, Estate Planning, Tax

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10051 Flat Armadillo Rd, Lexington, OK 73051

T Walter Newmaster

Real Estate, Corporate, Contract, Estate Planning

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Ada, OK 74821

William Wayne Speed

Personal Injury, Insurance, Estate, Wills

Status: Licensed: 33 Years

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Ada, OK 74821

William B. Cook

Wills, Public Utilities, Industry Specialties, Oil & Gas

Status: Licensed: 16 Years

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Ada, OK 74821

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LEGAL TERMS

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

CERTIFICATION OF TRUST

See abstract of trust.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.

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.'

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Pauls Valley Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Richard E. Smalley

Deborah A Sterkel

Debbie Lynn Self

Stephen R. McCalla

Tom A. Frailey

Daniel V. Barney

Kimmy Don Ashley

T Walter Newmaster

William Wayne Speed

William B. Cook

TIPS

LEGAL TERMS

INCOMPETENCE

HOLOGRAPHIC WILL

INVESTOR

CERTIFICATION OF TRUST

INHERITANCE TAXES

DISCHARGE (OF PROBATE ADMINISTRATOR)

AB TRUST

TAKING AGAINST THE WILL

TRUST CORPUS

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