Gilbert 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

C Randolph Brown

Mediation, Patent, Estate Planning, Personal Injury

Status: In Good Standing Licensed: 72 Years

CONTACT

2222 Pargoud Blvd, Monroe, LA 71201

Dayna Michelle Ryan

Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 18 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71201

Edwin K Theus

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71201

H Marie Walker

Estate Planning, Elder Law, Trusts, Estate, Wills

Status: In Good Standing Licensed: 15 Years

CONTACT

11 Cedar St, Vidalia, LA 71373

Jared Scott Scheinuk

Estate Planning, Workers' Compensation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

3139 Mercedes Dr, Monroe, LA 71201

John D Crigler

Estate Planning, Civil Rights, Administrative Law, Personal Injury

Status: In Good Standing Licensed: 47 Years

CONTACT

762 Highway 606, Saint Joseph, LA 71366

John Benjamin Landry

International, Estate Planning, Estate, Criminal

Status: In Good Standing

CONTACT

2400 Forsythe Ave, 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

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

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

800-923-0641

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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).

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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).

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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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Gilbert Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

C Randolph Brown

Dayna Michelle Ryan

Edwin K Theus

H Marie Walker

Jared Scott Scheinuk

John D Crigler

John Benjamin Landry

John L Luffey

Kandice Nicole Guice

Kay Stothart Rector

TIPS

LEGAL TERMS

SPECIFIC BEQUEST

PER CAPITA

POUR-OVER WILL

ENDOWMENT INSURANCE

REAL ESTATE AGENT

CHARITABLE TRUST

LAPSE

REMAINDERMAN

GENERATION-SKIPPING TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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