Marrero Estate Planning Lawyer, Louisiana, page 2

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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
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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

Jaye Andras Calhoun

International, Gift Taxation, Business & Trade, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

909 Poydras St, New Orleans, LA 70112

Regina O Matthews

Criminal, Estate Planning, Health Care Other, Civil Rights

Status: In Good Standing

CONTACT

338 Lafayette Street, New Orleans, LA 70130

Adam Granville Young

Health Care Other, Estate Planning, Divorce, Bankruptcy

Status: In Good Standing

CONTACT

909 Poydras St, New Orleans, LA 70112

Brian Robert Johnson

Real Estate Other, Estate Planning, Business & Trade, Banking & Finance

Status: In Good Standing Licensed: 22 Years

CONTACT

701 Poydras St, New Orleans, LA 70139

Marshall Joseph Favret

Wills & Probate, Banking & Finance, Estate Planning

Status: In Good Standing

CONTACT

1515 Poydras Street, New Orleans, LA 70112

Paul M Haygood

Corporate, Securities, Estate Planning, Estate

Status: In Good Standing

CONTACT

201 St. Charles Avenue, New Orleans, LA 70170

Richard Joseph Roth

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: In Good Standing

CONTACT

496 Bramson Court, New Orleans, LA 70130

Paul John Barker

Criminal, Divorce, Child Custody, Estate Planning

Status: In Good Standing Licensed: 12 Years

CONTACT

New Orleans, LA 70179

David M. Prados

Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing Licensed: 35 Years

CONTACT

701 Poydras St, New Orleans, LA 70139

Susan M Tyler

Commercial Real Estate, Estate Planning, Business & Trade, Business

Status: In Good Standing

CONTACT

201 Saint Charles Ave, New Orleans, LA 70170

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

SURROGATE COURT

See probate court.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

FAMILY POT TRUST

See pot trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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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Marrero Estate Planning Lawyer, Louisiana, page 2

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Jaye Andras Calhoun

Regina O Matthews

Adam Granville Young

Brian Robert Johnson

Marshall Joseph Favret

Paul M Haygood

Richard Joseph Roth

Paul John Barker

David M. Prados

Susan M Tyler

TIPS

LEGAL TERMS

RESIDUARY ESTATE

ADMINISTRATION (OF AN ESTATE)

TRUST CORPUS

PER STIRPES

SURROGATE COURT

SPENDTHRIFT TRUST

ENTITY

FAMILY POT TRUST

TRUSTEE POWERS

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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