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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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Sean Matthew Stockstill

✓ VERIFIED

Real Estate, Wills & Probate, Estate, Trusts, Collection

Mr. Stockstill graduated from Louisiana State University (B.A. 2005) and Louisiana State University Law Center (J.D./D.C.L. 2009). Admitted to the Lo... (more)

CONTACT

800-894-5651

412 Settlers Trace Blvd., 2nd Floor, Lafayette, LA 70508

Christopher L Trahan

✓ VERIFIED

Car Accident, Criminal, Personal Injury, Wills & Probate

You want a competent lawyer you can talk to. Call us and speak to a lawyer. We have more than two decades experience dealing with all jurisdictions ... (more)

FREE CONSULTATION

CONTACT

800-874-3180

1302 Lafayette Street, Lafayette, LA 70501

H. Kent Aguillard

Corporate, Bankruptcy, Trusts, Business Organization

Status: In Good Standing

CONTACT

Eunice, LA 70535

Barry J. Heinen

Personal Injury, Car Accident, Wills, Divorce

Status: In Good Standing

FREE CONSULTATION

CONTACT

1502 West University Avenue, Lafayette, LA 70506

Warren D. Rush

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

202 Magnate Drive, Lafayette, LA 70508

Gregory L. Thibodeaux

Criminal, Bankruptcy, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 37 Years

CONTACT

105 Villere Cir, Lafayette, LA 70506

John H Pucheu

Mass Torts, Trusts, Sexual Harassment, Discrimination, Medical Malpractice

Status: In Good Standing Licensed: 45 Years

CONTACT

106 Park Ave, Eunice, LA 70535

Con Cotter

Immigration, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

315 South College, Lafayette, LA 70503

Jena Marie Kyle

Power of Attorney, Tax, Estate, Corporate, Business Successions

Status: In Good Standing Licensed: 9 Years

CONTACT

315 S College Rd, Lafayette, LA 70503

Mary Shirer Romagosa

International, Wills, Gift Taxation, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

213 N College Rd, Lafayette, LA 70506

800-923-0641

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

DEVISEE

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

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 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.'

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

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.

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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Crowley Estate Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Sean Matthew Stockstill

Christopher L Trahan

H. Kent Aguillard

Barry J. Heinen

Warren D. Rush

Gregory L. Thibodeaux

John H Pucheu

Con Cotter

Jena Marie Kyle

Mary Shirer Romagosa

TIPS

LEGAL TERMS

TRUSTEE

DEVISEE

CHARITABLE TRUST

TRUST CORPUS

BANKRUPTCY ESTATE

SUCCESSOR TRUSTEE

ACCUMULATION TRUST

RESIDUARY BENEFICIARY

RESIDUARY ESTATE

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

Samaha v. Rau

Lozier v. Estate of Elmer

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