Iberia County, LA Trusts 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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Lynden Burton

Criminal, Car Accident, Personal Injury, Wrongful Death

Status: In Good Standing Licensed: 27 Years

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117 E Pershing St., New Iberia, LA 70560

Ashley E. Philen

Lawsuit & Dispute, Environmental Law, Accident & Injury, Personal Injury

Status: In Good Standing

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1701 Main St, Jeanerette, LA 70544

Jeffrey Shane Segura

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing

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110 E Pershing St, New Iberia, LA 70560

Michael L Barras

Accident & Injury, Divorce & Family Law, Criminal, Real Estate Other

Status: In Good Standing

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120 Lee Street, New Iberia, LA 70560

William A Repaske

Real Estate, Lawsuit & Dispute, Divorce & Family Law, Car Accident, Accident & Injury

Status: In Good Standing Licensed: 39 Years

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211 E Main St, New Iberia, LA 70560

Ashley E. Philen

Real Estate, Wills & Probate, Employment, Divorce & Family Law

Status: In Good Standing

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1701 Main St, Jeanerette, LA 70544

Alfred Smith Landry

General Practice

Status: In Good Standing Licensed: 74 Years

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211 E Main St, New Iberia, LA 70560

Suzanne Marie De Mahy

General Practice

Status: In Good Standing Licensed: 15 Years

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124 W Washington St, New Iberia, LA 70560

Jack Edward Robert Jowers

Lawsuit & Dispute, International, Accident & Injury

Status: In Good Standing Licensed: 15 Years

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1003 Loreauville Rd, New Iberia, LA 70563

Michael D Lopresto

Government, Wills & Probate, Wrongful Termination, Wrongful Death

Status: In Good Standing Licensed: 44 Years

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203 W Main St, New Iberia, LA 70560

800-923-0641

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LEGAL TERMS

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

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.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

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.

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

In this protracted litigation, Joseph Patton ("Pat") Mashburn and Donald J. ("Don") Mashburn, in their capacities as the managing co-trustees of the Jack and Sadie Pugh Mashburn Marital Trust ("marital trust") and Pat Mashburn and Richard A. Mashburn, in their capacities as ...

Brown v. Schwegmann

... Specifically, she asserted that all or part of Mr. Schwegmann's interests in the John F. Schwegmann Trust # 1 and the John F. Schwegmann Trust # 2 (hereinafter referred to as "the trusts") were subject to seizure in satisfaction of her judgment. ...

IN THE MATTER OF MASHBURN MARITAL TRUSTS

Joseph Patton ("Pat") Mashburn and Donald J. ("Don") Mashburn, in their capacities as the managing co-trustees of the Jack and Sadie Pugh Mashburn Marital Trust ("marital trust"), and Pat Mashburn and Richard A. Mashburn, in their capacities as the co-trustees of the Mashburn Family ...

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Iberia County, LA Trusts Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Lynden Burton

Ashley E. Philen

Jeffrey Shane Segura

Michael L Barras

William A Repaske

Ashley E. Philen

Alfred Smith Landry

Suzanne Marie De Mahy

Jack Edward Robert Jowers

Michael D Lopresto

TIPS

LEGAL TERMS

MARITAL LIFE ESTATE TRUST

PROBATE

TRUSTEE

SURVIVING SPOUSE'S TRUST

BEQUEATH

INTESTATE SUCCESSION

DOWER AND CURTESY

EXEMPTION TRUST

INVESTOR

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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