Saint Martin County, LA Estate Planning 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
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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

Not enough matches for Saint Martin Estate Planning lawyer.
Below are all Saint Martin lawyers.

Judy Antell Fuller

General Practice

Status: Inactive Licensed: 37 Years

CONTACT

1052 Hebert Lane Hwy, Saint Martinville, LA 70582

Edmond L Guidry

Lawsuit & Dispute, Civil & Human Rights, Business, Accident & Injury

Status: In Good Standing Licensed: 77 Years

CONTACT

324 S Main St, Saint Martinville, LA 70582

Anthony Thibodeaux

General Practice

Status: In Good Standing Licensed: 35 Years

CONTACT

Saint Martinville, LA 70582

Paul J De Mahy

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

2206 Catherine Dr, Saint Martinville, LA 70582

Justin Ryan Cantu

Lawsuit & Dispute, Consumer Rights, Business

Status: In Good Standing Licensed: 9 Years

CONTACT

1501 Grand Point, Breaux Bridge, LA 70517

Daniel G Guidry

Civil & Human Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

324 S Main St, Saint Martinville, LA 70582

Christi Roy Hemphill

Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

401 E Mills Ave, Breaux Bridge, LA 70517

Bart Jude Hebert

Consumer Rights, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 22 Years

CONTACT

401 E Mills Ave, Breaux Bridge, LA 70517

David D Benoit

Criminal, Accident & Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

420 Berard St, Breaux Bridge, LA 70517

Michael John Daspit

Landlord-Tenant, Divorce, Child Custody, Divorce & Family Law

Status: In Good Standing Licensed: 32 Years

CONTACT

107 E Claiborne St, Saint Martinville, LA 70582

800-923-0641

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LEGAL TERMS

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

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.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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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Saint Martin County, LA Estate Planning Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Judy Antell Fuller

Edmond L Guidry

Anthony Thibodeaux

Paul J De Mahy

Justin Ryan Cantu

Daniel G Guidry

Christi Roy Hemphill

Bart Jude Hebert

David D Benoit

Michael John Daspit

TIPS

LEGAL TERMS

POUR-OVER WILL

SUCCESSION

ACCUMULATION TRUST

TRUST DEED

LIFE BENEFICIARY

DISINHERIT

EXEMPTION TRUST

AB TRUST

PRETERMITTED HEIR

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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