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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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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

Thomas J Hogan

Wills & Probate, Estate, Wrongful Termination, Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

Hammond, LA 70404

Lesli Sills Bolner

Real Estate, Wills & Probate, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

200 N Cate St, Hammond, LA 70401

Jennifer A Lee

Estate Administration, Estate, Business, Divorce & Family Law

Status: In Good Standing Licensed: 23 Years

CONTACT

111 Oak St, Hammond, LA 70401

Patrick K Reso

Wills & Probate, Trusts, Estate, Contract, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

111 N Oak St, Hammond, LA 70401

Gregory Sims Webb

Real Estate, Wills & Probate, Divorce, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

111 N Oak St, Hammond, LA 70401

Matthew Gerard Steel

Immigration, Business, International, Wills & Probate, Business

Status: In Good Standing Licensed: 7 Years

CONTACT

406 West Morris Avenue, Hammond, LA 70403

Roxanne Stephanie Newman

Wills, Wills & Probate, Family Law, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

200 Guidry Dr, Hammond, LA 70403

Morgan Sears Daniels

Wills, Estate, Family Law

Status: In Good Standing Licensed: 17 Years

CONTACT

604 S Orange St, Hammond, LA 70403

800-923-0641

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LEGAL TERMS

SUCCESSOR TRUSTEE

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

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.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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.'

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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.

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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Natalbany Wills & Probate Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Thomas J Hogan

Lesli Sills Bolner

Jennifer A Lee

Patrick K Reso

Gregory Sims Webb

Matthew Gerard Steel

Roxanne Stephanie Newman

Morgan Sears Daniels

TIPS

LEGAL TERMS

SUCCESSOR TRUSTEE

POUR-OVER WILL

TRUSTEE

TAKING AGAINST THE WILL

TRUST CORPUS

GRANTOR RETAINED INCOME TRUST

RESIDUARY BENEFICIARY

SURVIVING SPOUSE'S TRUST

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

IN RE SIVERD

In re Succession of Davis

IN RE SUCCESSION OF DOUCET

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