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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: Gift Taxation

Jason Adam Bonaventure

Administrative Law, Mediation, Estate Planning, Construction

Status: In Good Standing

CONTACT

12352 Highway 44, Gonzales, LA 70737

Donnie L. Floyd

Estate Planning, Adoption, Contract, Business Organization

Status: In Good Standing Licensed: 45 Years

CONTACT

17487 Old Jefferson Hwy, Prairieville, LA 70769

Peter J Losavio

Divorce & Family Law, Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

8414 Bluebonnet Blvd, Baton Rouge, LA 70810

Jacob Craig Guinn

Corporate, Labor Law, Estate Planning, Health Care

Status: In Good Standing Licensed: 18 Years

CONTACT

16746 Amberwood Dr, Baton Rouge, LA 70810

Dawn Marie Dietrich

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 25 Years

CONTACT

4210 Bluebonnet Blvd, Baton Rouge, LA 70809

Joseph W. Mengis

Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 32 Years

CONTACT

2141 Quail Run Dr, Baton Rouge, LA 70808

Donald M. Meltzer

Tax, International Tax, Estate Planning, Estate, Corporate

Status: In Good Standing Licensed: 37 Years

CONTACT

6777 Jefferson Hwy, Baton Rouge, LA 70806

Morgan Field

Estate Planning, Estate

Status: In Good Standing

CONTACT

6161 Perkins Road, Baton Rouge, LA 70808

Amanda Mary Pendleton

Living Wills, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

7143 Chandler Dr, Baton Rouge, LA 70808

Gayle Thomasson Kellner

Military, Other, Estate Planning, Administrative Law

Status: In Good Standing Licensed: 34 Years

CONTACT

8440 Jefferson Hwy, Baton Rouge, LA 70809

800-923-0641

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of trust.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

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.

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).

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.

CREDIT SHELTER TRUST

See AB trust.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

SAMPLE LEGAL CASES

Wild v. STATE, DEPT. OF HEALTH AND HOSPS.

... an Administrative Law Judge (ALJ), who eventually affirmed LDHH's denial of Mrs. Wild's request for LTC Medicaid eligibility, essentially rejecting Mrs. Wild's rebuttal claim that Mr. Wild died unexpectedly, shortly after he had established the trust for estate planning purposes. ...

Wild v. State

BOAT v. Haik

... In 2001, Gladys Boyt (Gladys) responded to an advertisement run by Vermillion, through ALMS, in her local newspaper for an estate planning seminar. Upon attendance at the seminar, Gladys signed up for Vermillion's estate planning services. ...

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Darrow Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Jason Adam Bonaventure

Donnie L. Floyd

Peter J Losavio

Jacob Craig Guinn

Dawn Marie Dietrich

Joseph W. Mengis

Donald M. Meltzer

Morgan Field

Amanda Mary Pendleton

Gayle Thomasson Kellner

TIPS

LEGAL TERMS

CERTIFICATION OF TRUST

RULE AGAINST PERPETUITIES

AB TRUST

ESTATE TAXES

PER CAPITA

SELF-PROVING WILL

INHERITANCE TAXES

CREDIT SHELTER TRUST

PREDECEASED SPOUSE

SAMPLE LEGAL CASES

Wild v. STATE, DEPT. OF HEALTH AND HOSPS.

Wild v. State

BOAT v. Haik

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