Forest Hill 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
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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: Gift Taxation

Robert H Ginsburgh

Commercial Real Estate, International, Estate Planning, Administrative Law

Status: In Good Standing Licensed: 43 Years

CONTACT

5209 Raphael Dr, Alexandria, LA 71303

Bernetta Yvette Bryant

Estate Planning, Workers' Compensation, Insurance, Medical Malpractice, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

915 3Rd St, Alexandria, LA 71309

Allison Paige Nowlin

Estate Planning, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

F A Little

Estate Planning, Bankruptcy

Status: In Good Standing Licensed: 64 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

Richard B Crowell

Commercial Real Estate, Estate Planning, Bankruptcy

Status: Inactive Licensed: 59 Years

CONTACT

934 3Rd St, Alexandria, LA 71301

Dorrell Jarrell Brister

International, Wills, Gift Taxation, Estate

Status: In Good Standing

CONTACT

Alexandria, LA 71307

Thomas K. Brocato

Education, Estate Planning, Natural Resources, Corporate

Status: Inactive Licensed: 45 Years

CONTACT

711 Washington St, Alexandria, LA 71309

J. Graves Theus

International Tax, Estate Planning

Status: In Good Standing Licensed: 8 Years

CONTACT

1902 Jackson Street, Alexandria, LA 71301

James Graves Theus

Estate Planning, International Tax, Government, Commercial Real Estate, Business

Status: In Good Standing

CONTACT

1902 Jackson St, Alexandria, LA 71301

James Graves Theus

Estate Planning, International Tax, Government, Commercial Real Estate, Business

Status: In Good Standing

CONTACT

2030 Jackson St, Alexandria, LA 71301

800-923-0641

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LEGAL TERMS

CREDIT SHELTER TRUST

See AB trust.

DEVISEE

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

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

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.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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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Forest Hill Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Robert H Ginsburgh

Bernetta Yvette Bryant

Allison Paige Nowlin

F A Little

Richard B Crowell

Dorrell Jarrell Brister

Thomas K. Brocato

J. Graves Theus

James Graves Theus

James Graves Theus

TIPS

LEGAL TERMS

CREDIT SHELTER TRUST

DEVISEE

PETITION

GROSS ESTATE

FINAL BENEFICIARY

PROBATE

ADEMPTION

IN TERROREM

TESTAMENTARY TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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