Bossier County, LA Wills & Probate Lawyers

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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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Includes: Estate Administration, Living Wills, Wills

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Wynnifred Lashawn Sanders

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Divorce & Family Law, Child Custody

Wynnifred Sanders graduate of Southern University Law Center and will serve as a Judicial Law Clerk to The Honorable Judge Waddell-Garrett being in Au... (more)

CONTACT

318-218-0480

5700 Caspiana Ln, Bossier City, LA 71112

Pamela N. Breedlove

Mental Health, Employment, Civil Rights, Corporate

Status: In Good Standing

CONTACT

216 Rolling Meadow Lane, Bossier City, LA 71112

Jeff R. Thompson

Corporate, Contract, Business Organization, Collection

Status: In Good Standing

CONTACT

1527 Doctors Drive, Bossier City, LA 71111

Robert Charles Cottrell

Government, Military & Veterans Appeals

Status: In Good Standing Licensed: 28 Years

CONTACT

345 Davis Avenue, Barksdale Afb, LA 71110

Andrew Craney Jacobs

Employment Contracts, Family Law, Divorce & Family Law, Products Liability

Status: In Good Standing Licensed: 25 Years

CONTACT

199 Burt Blvd, Benton, LA 71006

Melissa Wilkie Fox

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

204 Burt Blvd, Benton, LA 71006

Mark Edward Carter

Administrative Law, Employment Discrimination, Elder Law, Adoption

Status: In Good Standing

CONTACT

412 Bridgewater Cir, Benton, LA 71006

Dale Newton Montgomery

Family Law, Divorce

Status: In Good Standing Licensed: 23 Years

CONTACT

204 Burt Blvd, Benton, LA 71006

Pamela G Smart

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

211 Burt Blvd, Benton, LA 71006

Jessica Rena Green

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

211 Burt Blvd, Benton, LA 71006

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LEGAL TERMS

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

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.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

SAMPLE LEGAL CASES

IN RE SIVERD

... Siverd. However, on November 28, 2007, Edward DuFaur filed a petition for probate of last will and testament, asserting that Holly Siverd in fact died testate, having executed a last will and testament on January 29, 2007. The ...

In re Succession of Davis

... [1]. An order admitting Davis's will to probate and authorizing letters testamentary to Cano was signed by a Texas court on June 20, 2006. ... 3401, et seq., and La. RS 9:2421, et seq. An order of probate was signed by the Louisiana court on January 11, 2007. ...

IN RE SUCCESSION OF DOUCET

... Beverly Sanders Doucet appeals a judgment that refused to probate a copy of the notarial will that her late husband executed naming her his sole universal legatee. ... Reiterating 741 that "it is not clear what became of the will," the court rejected Beverly's claim for probate. ...

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Bossier County, LA Wills & Probate Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Wynnifred Lashawn Sanders

Pamela N. Breedlove

Jeff R. Thompson

Robert Charles Cottrell

Andrew Craney Jacobs

Melissa Wilkie Fox

Mark Edward Carter

Dale Newton Montgomery

Pamela G Smart

Jessica Rena Green

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

IN TERROREM

ESTATE TAXES

GENERATION-SKIPPING TRANSFER TAX

INVENTORY

SECONDARY MEANING

TRUST DEED

ENDOWMENT INSURANCE

FINAL BENEFICIARY

SAMPLE LEGAL CASES

IN RE SIVERD

In re Succession of Davis

IN RE SUCCESSION OF DOUCET

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