Des Allemands Estate Lawyer, Louisiana, page 5

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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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Bruce A Miller

Power of Attorney, Tax, Real Estate, Estate, Business

Status: In Good Standing Licensed: 48 Years

CONTACT

2955 Ridgelake Dr, Metairie, LA 70002

Robert M Braiwick

Traffic, Estate, Accident & Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

4930 Rye St, Metairie, LA 70006

Julie-Ann Angeleen Duhe'-Keating

Wills, Personal Injury, Accident & Injury, Workers' Compensation

Status: In Good Standing Licensed: 23 Years

CONTACT

3350 Ridgelake Dr, Metairie, LA 70002

Bill Cherbonnier

Bankruptcy, Estate Planning, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2550 Belle Chasse Highway, Gretna, LA 70053

Patrick J. Browne

Wills & Probate, Securities, Corporate, Banking & Finance

Status: In Good Standing Licensed: 62 Years

CONTACT

1100 Poydras St, New Orleans, LA 70163

Abid Hussain

Commercial Real Estate, Science, Technology & Internet, Wills, Business & Trade

Status: In Good Standing Licensed: 18 Years

CONTACT

3445 N Causeway Blvd, Metairie, LA 70002

Leopold Z. Sher

Construction, Wills & Probate, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 48 Years

CONTACT

909 Poydras St, New Orleans, LA 70112

Rosalind Wolf

Industry Specialties, Business, Commercial Real Estate, Government, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

1100 Poydras St, New Orleans, LA 70163

Mark S. Stein

Estate Planning, Merger & Acquisition, Corporate, Business Organization

Status: In Good Standing Licensed: 49 Years

CONTACT

701 Poydras St, New Orleans, LA 70139

Mark Andrew Hill

Traffic, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing Licensed: 13 Years

CONTACT

1515 Poydras St, New Orleans, LA 70112

800-923-0641

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LEGAL TERMS

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).

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

CURATOR

See conservator.

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.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

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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Des Allemands Estate Lawyer, Louisiana, page 5

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Bruce A Miller

Robert M Braiwick

Julie-Ann Angeleen Duhe'-Keating

Bill Cherbonnier

Patrick J. Browne

Abid Hussain

Leopold Z. Sher

Rosalind Wolf

Mark S. Stein

Mark Andrew Hill

TIPS

LEGAL TERMS

PER CAPITA

NONPROBATE

INHERIT

CERTIFIED COPY

EXEMPTION TRUST

CURATOR

AB TRUST

KINDRED

ESTATE TAXES

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

Samaha v. Rau

Lozier v. Estate of Elmer

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