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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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Deborah A Sterkel

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

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CONTACT

201 North Fourth Street, Chickasha, OK 73018

Stephen R. McCalla

Estate, Estate Planning, Family Law, Mental Health

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CONTACT

201 North Fourth Street, Chickasha, OK 73018

Tom A. Frailey

Estate, Estate Planning, Municipal, Wills & Probate

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CONTACT

201 North Fourth Street, Chickasha, OK 73018

Daniel V. Barney

Real Estate, Traffic, Oil & Gas, Gift Taxation

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CONTACT

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

Wills, Estate, Insurance, Personal Injury

Status: Licensed: 33 Years

CONTACT

Ada, OK 74821

William B. Cook

Oil & Gas, Industry Specialties, Public Utilities, Wills

Status: Licensed: 16 Years

CONTACT

Ada, OK 74821

Chad D Upton

Real Estate, Criminal, Family Law, Estate Planning

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633 4th St., Healdton, OK 73438

Donald J. Chaffin

Oil & Gas, Litigation, Estate Planning, Environmental Law

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100 E Street S.W., Ardmore, OK 73402

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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).

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.

FAMILY POT TRUST

See pot trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

SURROGATE COURT

See probate court.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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Wynnewood Estate Lawyer, Oklahoma

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Deborah A Sterkel

Stephen R. McCalla

Tom A. Frailey

Daniel V. Barney

Kimmy Don Ashley

T Walter Newmaster

William Wayne Speed

William B. Cook

Chad D Upton

Donald J. Chaffin

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LEGAL TERMS

CONTINGENT BENEFICIARY

PER CAPITA

CERTIFIED COPY

FAMILY POT TRUST

ABATEMENT

QTIP TRUST

MARITAL LIFE ESTATE TRUST

SURROGATE COURT

RESIDUARY BENEFICIARY

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