Melville 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

David L. McDavid

Business Organization, Collection, Wills & Probate, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

1575 Church Street, Zachary, LA 70791

Anne Richey Myles

Family Law, Estate Planning, Wills

Status: In Good Standing

FREE CONSULTATION

CONTACT

21122 Old Scenic Highway, Zachary, LA 70791

Warren D. Rush

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

202 Magnate Drive, Lafayette, LA 70508

Ronald E. Stutes

Estate Planning, Wills, Estate, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

10993 North Harrells Ferry Road, Baton Rouge, LA 70816

Anne Richey Myles

Wills, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 15 Years

CONTACT

21122 Old Scenic Hwy, Zachary, LA 70791

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

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

Simone Chachere Dupre

Elder Law, Estate Planning, Insurance

Status: In Good Standing Licensed: 32 Years

CONTACT

100 E Vermilion St, Lafayette, LA 70501

Claire Edwards

Estate Planning, Divorce, Child Support, Child Custody

Status: In Good Standing Licensed: 12 Years

CONTACT

321 W. Main Street, Lafayette, LA 70501

Benjamin Klein

Wills & Probate, Estate Planning, Corporate, Business Organization

Status: In Good Standing Licensed: 21 Years

CONTACT

201 Saint Charles St, Baton Rouge, LA 70802

800-923-0641

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

FUNDING A TRUST

Transferring ownership of property to a trust.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

NET ESTATE

The value of all property owned at death less liabilities or debts.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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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Melville Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

David L. McDavid

Anne Richey Myles

Warren D. Rush

Ronald E. Stutes

Anne Richey Myles

Cary Brian Bryson

Holli Kathleen Yandle

Simone Chachere Dupre

Claire Edwards

Benjamin Klein

TIPS

LEGAL TERMS

SUCCESSION

FUNDING A TRUST

AUGMENTED ESTATE

SECONDARY MEANING

BYPASS TRUST

NET ESTATE

SELF-PROVING WILL

PERSONAL PROPERTY

GENERATION-SKIPPING TRANSFER TAX

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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