Alexandria Trusts 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
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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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Michael Eric Trachtenberg

International Tax, Electronic Commerce, Trusts, Employment

Status: Inactive Licensed: 29 Years

CONTACT

2001 Macarthur Dr, Alexandria, LA 71301

Carolyn O'neal Hines

Trusts, Family Law, Criminal, Car Accident

Status: In Good Standing Licensed: 13 Years

CONTACT

1330 Jackson St, Alexandria, LA 71301

H Gregory Walker

Wills, Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 48 Years

CONTACT

3800 Parliament Dr, Alexandria, LA 71303

Gwenda R. Lamb

Power of Attorney, Real Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 36 Years

CONTACT

434 Dove Cv, Alexandria, LA 71303

Stacy C. Auzenne

Real Estate, Trusts, Estate Planning, Insurance, Business Organization

Status: In Good Standing Licensed: 32 Years

CONTACT

5503A John Eskew Dr, Alexandria, LA 71303

Brent W Pearson

Tax, Electronic Commerce, Trusts, Business

Status: Inactive Licensed: 39 Years

CONTACT

2804 N Bolton Ave, Alexandria, LA 71303

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.

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.'

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

FAMILY POT TRUST

See pot trust.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

In this protracted litigation, Joseph Patton ("Pat") Mashburn and Donald J. ("Don") Mashburn, in their capacities as the managing co-trustees of the Jack and Sadie Pugh Mashburn Marital Trust ("marital trust") and Pat Mashburn and Richard A. Mashburn, in their capacities as ...

Brown v. Schwegmann

... Specifically, she asserted that all or part of Mr. Schwegmann's interests in the John F. Schwegmann Trust # 1 and the John F. Schwegmann Trust # 2 (hereinafter referred to as "the trusts") were subject to seizure in satisfaction of her judgment. ...

IN THE MATTER OF MASHBURN MARITAL TRUSTS

Joseph Patton ("Pat") Mashburn and Donald J. ("Don") Mashburn, in their capacities as the managing co-trustees of the Jack and Sadie Pugh Mashburn Marital Trust ("marital trust"), and Pat Mashburn and Richard A. Mashburn, in their capacities as the co-trustees of the Mashburn Family ...

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Alexandria Trusts Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Michael Eric Trachtenberg

Carolyn O'neal Hines

H Gregory Walker

Gwenda R. Lamb

Stacy C. Auzenne

Brent W Pearson

TIPS

LEGAL TERMS

GROSS ESTATE

CHARITABLE TRUST

TRUST DEED

INCOMPETENCE

RESIDUARY ESTATE

OFFICER

FAMILY POT TRUST

BYPASS TRUST

IN TERROREM

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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