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Wesley Bailey
About | Practice Areas
Wes Bailey, Attorney At Law, LLC
303 E Texas St Leesville, LA 71446» view map
Estate Law
You Deserve A Fair Trial

Nobody relishes the idea of hiring a lawyer. However, when you have a legal problem, you want to make sure the lawyer you hire is capable of achieving your goals.

800-948-5630
1. Wesley Bailey Leesville, LA
  Attorney at Law- LA, 2008
  Southern University Law Center, J.D. 2008
2. AboutWes Bailey, Attorney At Law, LLC
  You Deserve A Fair Trial
3. Practice AreasExpertise
  Estate Law
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Aaron L Green

Traffic, Estate, Wrongful Termination, Divorce & Family Law

Status: In Good Standing

CONTACT

1450 Dorchester Dr, Alexandria, LA 71301

Adam Huddleston

Criminal, Divorce & Family Law, Wills & Probate

Status: In Good Standing

CONTACT

1330 Jackson Street, Alexandria, LA 71301

Allison Paige Nowlin

Estate Planning, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

Andree Renee Jacques

Personal Injury, Social Security, Wills

Status: In Good Standing Licensed: 32 Years

CONTACT

610 Murray St, Alexandria, LA 71301

Andree' Braud Leddy

Estate Planning, Bankruptcy, Civil Rights, Personal Injury

Status: In Good Standing Licensed: 27 Years

CONTACT

3416 North Blvd, Alexandria, LA 71301

Bernetta Yvette Bryant

Estate Planning, Workers' Compensation, Insurance, Medical Malpractice, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

915 3Rd St, Alexandria, LA 71309

Blaise L Hill

Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

504 Post Oak Blvd, Alexandria, LA 71303

Bradford H Calvit

Tax, Health Care, Estate, Business

Status: In Good Standing Licensed: 37 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

Brenner H Sadler

Tax, Estate, Business, Commercial Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

Brent W Pearson

Tax, Electronic Commerce, Trusts, Business

Status: Inactive Licensed: 39 Years

CONTACT

2804 N Bolton Ave, Alexandria, LA 71303

800-923-0641

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LEGAL TERMS

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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).

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

CREDIT SHELTER TRUST

See AB trust.

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.

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

In re Rayne City of et al.; Boulet, Daniel; Foreman, Mario; â€” Defendant(s); Applying for Writ of Certiorari and/or Review, Parish of Acadia, 15th Judicial District Court Div. D, No. 81532-D; to the Court of Appeal, Third Circuit, No. 07-359.

Samaha v. Rau

... Wright v. Louisiana Power & Light, 2006-1181 p. 17 (La.3/9/07), 951 So.2d 1058, 1070; King v. Parish National Bank, 2004-0337 p. 7 (La.10/19/04), 885 So.2d 540, 545; Jones v. Estate of Santiago, 2003-1424 p. 5 (La.4/14/04), 870 So.2d 1002, 1006. ...

Lozier v. Estate of Elmer

On October 26, 2001, plaintiff filed a "Petition to Recover Damages for Breach of Contract Against the Estate of William Jay Elmer and to Recover Payment of Wages Owed by the Estate of William Jay Elmer." In her petition, plaintiff asserts that William Elmer was her employer from ...

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Alexandria Estate Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Aaron L Green

Adam Huddleston

Allison Paige Nowlin

Andree Renee Jacques

Andree' Braud Leddy

Bernetta Yvette Bryant

Blaise L Hill

Bradford H Calvit

Brenner H Sadler

Brent W Pearson

TIPS

LEGAL TERMS

PERSONAL PROPERTY

SPECIFIC BEQUEST

INHERITANCE TAXES

GENERATION-SKIPPING TRANSFER TAX

PER CAPITA

IRREVOCABLE TRUST

SUCCESSOR TRUSTEE

CREDIT SHELTER TRUST

POUR-OVER WILL

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

Samaha v. Rau

Lozier v. Estate of Elmer

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