Barataria 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

Gary S. Brown

Estate Planning, Elder Law, Estate Administration, Medicare & Medicaid, Wills & Probate

New Orleans Estate and Succession Planning Attorneys

Gary S. Brown is the founder and owner of Brown Weimer, LLC. He has been practicing law for over 35 years, assisting clients with a variety of legal ... (more)

FREE CONSULTATION

CONTACT

504-561-8700

400 Poydras St, New Orleans, LA 70130

Sharon D. Williams

✓ VERIFIED

Divorce & Family Law, Family Law, Wills & Probate, Child Custody, Estate Planning

Resourceful and fierce advocate for client but capable of negotiating non-litigation solutions. Ability to see the big picture in order to bring t... (more)

CONTACT

504-585-7339

1100 Poydras Street, New Orleans, LA 70163

Carmen Claire Liriano

✓ VERIFIED

Car Accident, Estate Planning

Born and raised in Metairie, Louisiana, Carmen Liriano always knew she wanted to help the people in her community. She graduated from Louisiana State ... (more)

FREE CONSULTATION

CONTACT

504-459-9775

3350 Ridgelake Dr, Metairie, LA 70002

Stanley McDermott

Wills & Probate, Corporate, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

1100 Poydras Street, New Orleans, LA 70163

M Lapuyade Piglia

Employment, Estate Planning, Family Law, Labor Law

Status: In Good Standing

CONTACT

One Shell Square, 701 Poydras St Ste 3600, New Orleans, LA 70139

Daniel L. Dysart

Estate Planning, Family Law, Insurance, Personal Injury

Status: In Good Standing

CONTACT

3 Courthouse Square, Chalmette, LA 70043

Donita Yvette Brooks

Divorce & Family Law, Real Estate, Estate Planning, Litigation

Status: In Good Standing Licensed: 29 Years

CONTACT

1636 Buccola Ave, Marrero, LA 70072

David Daniels

Traffic, Estate Planning, Criminal, Personal Injury

Status: In Good Standing

CONTACT

2439 Manhattan Blvd, Harvey, LA 70058

Maro Petkovich Jr

Estate Planning, Bankruptcy, Personal Injury, Mass Torts, Collection

Status: In Good Standing Licensed: 13 Years

CONTACT

118 Alpha St, Belle Chasse, LA 70037

Bill Cherbonnier

Bankruptcy, Estate Planning, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2550 Belle Chasse Highway, Gretna, LA 70053

800-923-0641

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LEGAL TERMS

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.'

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

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).

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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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Barataria Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Gary S. Brown

Sharon D. Williams

Carmen Claire Liriano

Stanley McDermott

M Lapuyade Piglia

Daniel L. Dysart

Donita Yvette Brooks

David Daniels

Maro Petkovich Jr

Bill Cherbonnier

TIPS

LEGAL TERMS

TRUST CORPUS

ADEMPTION

GRANTOR RETAINED INCOME TRUST

DEATH TAXES

SELF-PROVING WILL

EXEMPTION TRUST

RESIDUARY BENEFICIARY

OFFICER

FUNDING A TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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