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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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Ruhama Dankner

Family Law, Wills & Probate, Wills, Divorce

Status: In Good Standing

CONTACT

5200 Lapalco Boulevard, Marrero, LA 70072

Dominick Scandurro

Lawsuit & Dispute, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 58 Years

CONTACT

8748 Highway 23, Belle Chasse, LA 70037

Stephen C Braud

Real Estate, Lawsuit & Dispute, Estate, Accident & Injury, Wills & Probate

Status: In Good Standing Licensed: 46 Years

CONTACT

8114 Highway 23, Belle Chasse, LA 70037

James Felix Gasquet

Estate, Criminal, Business

Status: In Good Standing Licensed: 25 Years

CONTACT

129 Chancellor Dr, Belle Chasse, LA 70037

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

Kenneth Michael Waguespack

Landlord-Tenant, Traffic, Social Security, Estate

Status: Inactive Licensed: 21 Years

CONTACT

2587 Mill Grove Ln, Marrero, LA 70072

Theodore William Nass

Estate, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 56 Years

CONTACT

860 Behrman Hwy, Gretna, LA 70056

David Daniels

Traffic, Estate Planning, Criminal, Personal Injury

Status: In Good Standing

CONTACT

2439 Manhattan Blvd, Harvey, LA 70058

Joy G Cressend

Real Estate, Wills & Probate, Family Law, Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

2401 Manhattan Blvd, Harvey, LA 70058

Harry C Stumpf

Real Estate, Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 56 Years

CONTACT

1700 Central Blvd, Harvey, LA 70058

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

DEED OF TRUST

See trust deed.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

In re Rayne City of et al.; Boulet, Daniel; Foreman, Mario; â€” Defendant(s); Applying for Writ of Certiorari and/or Review, Parish of Acadia, 15th Judicial District Court Div. D, No. 81532-D; to the Court of Appeal, Third Circuit, No. 07-359.

Samaha v. Rau

... Wright v. Louisiana Power & Light, 2006-1181 p. 17 (La.3/9/07), 951 So.2d 1058, 1070; King v. Parish National Bank, 2004-0337 p. 7 (La.10/19/04), 885 So.2d 540, 545; Jones v. Estate of Santiago, 2003-1424 p. 5 (La.4/14/04), 870 So.2d 1002, 1006. ...

Lozier v. Estate of Elmer

On October 26, 2001, plaintiff filed a "Petition to Recover Damages for Breach of Contract Against the Estate of William Jay Elmer and to Recover Payment of Wages Owed by the Estate of William Jay Elmer." In her petition, plaintiff asserts that William Elmer was her employer from ...

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Buras Estate Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Ruhama Dankner

Dominick Scandurro

Stephen C Braud

James Felix Gasquet

Maro Petkovich Jr

Kenneth Michael Waguespack

Theodore William Nass

David Daniels

Joy G Cressend

Harry C Stumpf

TIPS

LEGAL TERMS

QTIP TRUST

ENTITY

INVESTOR

DEED OF TRUST

FINAL BENEFICIARY

PER CAPITA

INHERITANCE TAXES

GENERATION-SKIPPING TRANSFER TAX

TRUST MERGER

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

Samaha v. Rau

Lozier v. Estate of Elmer

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