Bastrop 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

Joseph H Lebeau

Landlord-Tenant, Lawsuit, Estate Planning, Car Accident, Wills & Probate

Status: In Good Standing Licensed: 46 Years

CONTACT

74 Davis St, Lake Providence, LA 71254

Robert Dwayne Shannon

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

100 Centurylink Dr, Monroe, LA 71203

Layne M. Adams

Estate Planning, Family Law

Status: In Good Standing Licensed: 41 Years

CONTACT

141 Desiard St, Monroe, LA 71201

Kandice Nicole Guice

Commercial Real Estate, Intellectual Property, Estate Planning, Contract

Status: In Good Standing Licensed: 10 Years

CONTACT

300 Washington St, Monroe, LA 71201

Phil D. Myers

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: Inactive Licensed: 45 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71211

Dayna Michelle Ryan

Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 18 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71201

Jared Scott Scheinuk

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71201

Kay Stothart Rector

Estate Planning, Business & Trade, Personal Injury, Commercial Real Estate

Status: In Good Standing Licensed: 33 Years

CONTACT

401 Walnut Street, Monroe, LA 71201

John L Luffey

Tax, Estate Administration, Gift Taxation, Transactions, Corporate

Status: In Good Standing Licensed: 49 Years

CONTACT

2485 Tower Dr, Monroe, LA 71201

C Randolph Brown

Mediation, Patent, Estate Planning, Personal Injury

Status: In Good Standing Licensed: 72 Years

CONTACT

2222 Pargoud Blvd, Monroe, LA 71201

800-923-0641

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LEGAL TERMS

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.

TITLE COMPANY

A company that issues title insurance.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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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Bastrop Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Joseph H Lebeau

Robert Dwayne Shannon

Layne M. Adams

Kandice Nicole Guice

Phil D. Myers

Dayna Michelle Ryan

Jared Scott Scheinuk

Kay Stothart Rector

John L Luffey

C Randolph Brown

TIPS

LEGAL TERMS

TRUST MERGER

TITLE COMPANY

NONPROBATE

DEVISEE

ADEMPTION

PUBLIC ADMINISTRATOR

EXEMPTION TRUST

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

PROPERTY CONTROL TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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