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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

Warren D. Rush

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

202 Magnate Drive, Lafayette, LA 70508

Cary Brian Bryson

International Tax, International, Gift Taxation, Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

515 W Convent St, Lafayette, LA 70501

Mary Shirer Romagosa

International, Wills, Gift Taxation, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

213 N College Rd, Lafayette, LA 70506

Simone Chachere Dupre

Elder Law, Estate Planning, Insurance

Status: In Good Standing Licensed: 32 Years

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100 E Vermilion St, Lafayette, LA 70501

Claire Edwards

Estate Planning, Divorce, Child Support, Child Custody

Status: In Good Standing Licensed: 12 Years

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321 W. Main Street, Lafayette, LA 70501

Tara Elwell

Wills, Trusts, Estate Planning, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

1106 Coolidge street, Lafayette, LA 70503

Holli Kathleen Yandle

Estate Planning, Elder Law, Civil & Human Rights, Insurance

Status: In Good Standing Licensed: 23 Years

CONTACT

200 W. Congress St., Lafayette, LA 70501

Colleen A McDaniel

Wills & Probate, Estate Planning, Elder Law, Guardianships & Conservatorships

Status: In Good Standing Licensed: 48 Years

CONTACT

926 Coolidge Blvd, Lafayette, LA 70503

Julie Carmel Bourque

Wills & Probate, Estate Planning, Child Custody, Felony

Status: In Good Standing Licensed: 20 Years

CONTACT

124 E Edith Rd, Lafayette, LA 70508

Steven Travis Ramos

Commercial Real Estate, Estate Planning, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

200 Catamaran Dr, Youngsville, LA 70592

800-923-0641

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LEGAL TERMS

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

SUCCESSOR TRUSTEE

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

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

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.

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.

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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Lawtell Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Warren D. Rush

Cary Brian Bryson

Mary Shirer Romagosa

Simone Chachere Dupre

Claire Edwards

Tara Elwell

Holli Kathleen Yandle

Colleen A McDaniel

Julie Carmel Bourque

Steven Travis Ramos

TIPS

LEGAL TERMS

PRETERMITTED HEIR

WARRANTY DEED

ADEMPTION

SUCCESSOR TRUSTEE

TAKING AGAINST THE WILL

SPENDTHRIFT TRUST

POUR-OVER WILL

GROSS ESTATE

ENDOWMENT INSURANCE

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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