Caddo County, LA Wills & Probate Lawyers

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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

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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: Estate Administration, Living Wills, Wills

W. Lake Hearne

Family Law, Wills & Probate, Constitutional Law, Contract

Status: In Good Standing

CONTACT

333 Texas Street, Shreveport, LA 71101

William Deryl Medlin

Business Organization, Wills & Probate, Corporate, Elder Law

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71161

A. L. Wedgeworth

Corporate, Wills & Probate

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71161

Mark Joseph Miciotto

Wills & Probate, Family Law, Child Custody, Personal Injury

Status: In Good Standing Licensed: 14 Years

FREE CONSULTATION

CONTACT

628 Stoner Avenue, Shreveport, LA 71101

Matthew R. May

Real Estate, Oil & Gas, Wills & Probate, Corporate

Status: In Good Standing Licensed: 20 Years

CONTACT

333 Texas St, Shreveport, LA 71101

Kyle Ashley Moore

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 25 Years

CONTACT

912 Kings Hwy, Shreveport, LA 71104

William Chase Kalmbach

International, Wills, Divorce, Business

Status: In Good Standing

CONTACT

Shreveport, LA 71120

Jacob Carter White

Wills, Gift Taxation, Business & Trade, Business

Status: In Good Standing

CONTACT

333 Texas St, Shreveport, LA 71101

John R. Williams

Wills, Gift Taxation, Employment, Business & Trade

Status: In Good Standing

CONTACT

Shreveport, LA 71166

Robin G. Perrero

Wills & Probate, Land Use & Zoning, Energy, Wills

Status: In Good Standing Licensed: 29 Years

CONTACT

912 Kings Hwy, Shreveport, LA 71104

800-923-0641

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LEGAL TERMS

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

MARITAL LIFE ESTATE TRUST

See AB trust.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

SAMPLE LEGAL CASES

IN RE SIVERD

... Siverd. However, on November 28, 2007, Edward DuFaur filed a petition for probate of last will and testament, asserting that Holly Siverd in fact died testate, having executed a last will and testament on January 29, 2007. The ...

In re Succession of Davis

... [1]. An order admitting Davis's will to probate and authorizing letters testamentary to Cano was signed by a Texas court on June 20, 2006. ... 3401, et seq., and La. RS 9:2421, et seq. An order of probate was signed by the Louisiana court on January 11, 2007. ...

IN RE SUCCESSION OF DOUCET

... Beverly Sanders Doucet appeals a judgment that refused to probate a copy of the notarial will that her late husband executed naming her his sole universal legatee. ... Reiterating 741 that "it is not clear what became of the will," the court rejected Beverly's claim for probate. ...

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Caddo County, LA Wills & Probate Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

W. Lake Hearne

William Deryl Medlin

A. L. Wedgeworth

Mark Joseph Miciotto

Matthew R. May

Kyle Ashley Moore

William Chase Kalmbach

Jacob Carter White

John R. Williams

Robin G. Perrero

TIPS

LEGAL TERMS

AUGMENTED ESTATE

EXEMPTION TRUST

STATUTORY SHARE

MARITAL LIFE ESTATE TRUST

KINDRED

TRUST DEED

FAILURE OF ISSUE

NONPROBATE

INHERIT

SAMPLE LEGAL CASES

IN RE SIVERD

In re Succession of Davis

IN RE SUCCESSION OF DOUCET

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