Riddle Wimbish

Attorneys

Richard W. Riddle

Mr. Riddle practices principally in the areas of Gift & Estate Taxation; Wealth Preservation & Asset Protection; Estate Planning; Banking & Finance; Business & Real Estate Finance & Transactions including Loan Workouts for Banks & Borrowers. Please refer to the detailed descriptions of these "Practice Areas."

Mr. Riddle has extensive experience in handling the legal affairs of businesses, financial institutions and real estate transactions as well as in handling the legal, income tax, gift and estate tax matters of individuals as they work to aggregate and preserve their wealth. He is a noted authority in the area of like-kind tax deferred exchanges under §1031 of the Internal Revenue Code and qualified intermediation under the tax regulations, and has taught continuing education seminars for lawyers, accountants and other professionals.

He received a Bachelor of Science Degree in Electrical Engineering from Oklahoma State University in 1968. Immediately thereafter, he was employed by a prime contractor with the U.S. Atomic Energy Commission as a Systems Design Engineer with responsibilities for the electronics design of simulator equipment for non-nuclear components of atomic weapons systems. While employed there, Mr. Riddle attended law school at the University of Missouri, Kansas City, until graduation with a Juris Doctorate Degree in 1973. Since that time, he has practiced law in Tulsa, first with another prominent law firm, then establishing Riddle & Associates (now RIDDLE & WIMBISH, P.C.) in March 1979.

He is a member of the Oklahoma and Tulsa County Bar Associations. He is admitted to practice before the Supreme Court of the United States, the United States Tax Court, in all State and Federal Courts within the State of Oklahoma, and the 10th Circuit Federal Court of Appeals.

Mr. Riddle serves on the Board of Trustees of the Oklahoma United Methodist Foundation; and is on the Board of Directors of the Center for Legislative Excellence, which he co-founded. He served thirteen years on the Board of Directors of the Tulsa Metropolitan Chamber of Commerce, and six years on its Executive Committee. There he served as Chairman of the Chamber's Education and Community Betterment Division, the Professional Council, the Committee of 200, the Governmental Affairs Division, as a member of the Finance Committee, and as Chairman of the special temporary Tulsa County Jail Authority Review Committee. He has served as a representative for the Chamber on the special temporary Joint Committee for Educational Excellence and on the Board of Directors of the Metropolitan Tulsa Economic Development Foundation. He has served on the Select Committee On Criminal Justice as a representative of the City Council of the City of Tulsa. He has served in various roles on the Administrative Council and Board of Trustees of Asbury United Methodist Church, including Chairman of the Board of Trustees of the Asbury Foundation.

Mr. Riddle is a frequent seminar lecturer on the subjects of income, gift and estate taxation, real estate, §1031 exchanges and qualified intermediation, business law, ethics, business management, asset protection and bankruptcy-remote entities before the legal, insurance and accounting professions for their continuing education seminars.

John B. Wimbish

Mr. Wimbish concentrates primarily in the areas of Real Estate Acquisition, Development & Finance; Banking & Finance; Oil & Gas; Real Estate Foreclosures; Title Examination and Probate.  Please refer to the detailed descriptions of these areas of practice at "Practice Areas"

Mr. Wimbish has a broad background in all areas of commercial and residential real estate including experience in representation and document creation for local and national real estate partnerships, corporations, individuals and trusts in the acquisition and development of commercial real estate projects, including tax deferred exchanges under §1031 of the Internal Revenue Code. He has extensive experience in bank document creation for lending and borrowing, including all aspects of secured transactions, financing and non-recourse loans. In addition, he has decades of experience in the examination of abstracts of title for acquisition and financing of real property, as well as in issues dealing with the importance and effect of title insurance. He has handled litigation in matters principally dealing with real property, including commercial and residential foreclosures as well as contractual disputes. He is experienced in reviewing and preparing documents for oil and gas exploration and production, including oil and gas title opinions, division orders, operating agreements, pooling orders and farmouts. He has also dealt with consumer and commercial collections, probate of estates and preparation of wills and trusts.

Mr. Wimbish received a Bachelor of Arts Degree in Political Science from Trinity University in 1969 and his Juris Doctorate Degree from the University of Oklahoma in 1972. Since 1974, he has practiced law in Tulsa, having joined RIDDLE & WIMBISH, P.C. in June 1984.

Mr. Wimbish is a member of the Oklahoma and Tulsa County Bar Associations. He is among the limited and select membership of the Tulsa Title & Probate Lawyers Association. He has served in leadership roles in the Real Property Section of the Oklahoma Bar Association (OBA), and he serves on the Title Standards Sub-Committee of that Real Estate Section, which committee creates the standards by which real property titles are examined in Oklahoma.

He has served on the Board of Directors of the Union Schools Education Foundation and as Chairman of the Allocation Committee. He was a founding member of this Foundation which was established for the purpose of raising grant funding for extraordinary projects within the Union Public Schools. He has served as a Mediator in settlement conferences for the City of Tulsa Early Settlement Program with referrals from State District Courts.

Mr. Wimbish has taught continuing legal education seminars covering Oklahoma foreclosure procedure and real estate titles, and has lectured for the Tulsa County Legal Secretary Association on Oklahoma real estate law. For many years, he has participated in the Tulsa County Bar Association Law Week Ask-A-Lawyer program and the Oklahoma Bar Association's Law Related Education programs.