Shreveport Estate Planning Lawyer, Louisiana

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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

Drew Smith

Estate Planning, Oil & Gas

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

John B Benton

Estate Planning, Family Law, Insurance, Personal Injury

Status: In Good Standing

CONTACT

420 Broadway, Shreveport, LA 71105

Katherine Cook Guidry

Corporate, Business Successions, Estate Planning, Transactions

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

W. Michael Adams

Estate Planning, Employment, Family Law, Corporate

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

Wm. Timothy Allen

Energy, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

Allen P Jones

International Tax, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

330 Marshall St, Shreveport, LA 71101

Armand L Roos

International Tax, Estate Planning, Estate, Business

Status: In Good Standing

CONTACT

330 Marshall St, Shreveport, LA 71101

Benjamin J Warren

Tax, Oil & Gas, Estate Planning, Business

Status: In Good Standing Licensed: 37 Years

CONTACT

401 Edwards St, Shreveport, LA 71101

Brian D. Landry

Education, Construction, Estate Planning, Corporate

Status: In Good Standing Licensed: 32 Years

CONTACT

4300 Youree Dr, Shreveport, LA 71105

Brittany Mckeel Young

Estate Planning, Products Liability, Personal Injury, Medical Malpractice

Status: In Good Standing Licensed: 9 Years

CONTACT

4050 Linwood Ave, Shreveport, LA 71108

800-923-0641

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LEGAL TERMS

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

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).

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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Shreveport Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Drew Smith

John B Benton

Katherine Cook Guidry

W. Michael Adams

Wm. Timothy Allen

Allen P Jones

Armand L Roos

Benjamin J Warren

Brian D. Landry

Brittany Mckeel Young

TIPS

LEGAL TERMS

BEQUEATH

EXEMPTION TRUST

CURATOR

DOWER AND CURTESY

INCOMPETENCE

TRUST MERGER

ADMINISTRATRIX

ABSTRACT OF TRUST

GRANTOR RETAINED INCOME TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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