New Orleans Wills & Probate Lawyer, Louisiana, page 4

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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: Estate Administration, Living Wills, Wills

Robert Peter Charbonnet

International Other, Wills, Insurance, Personal Injury

Status: In Good Standing Licensed: 58 Years

CONTACT

501 Clearview Pkwy, Metairie, LA 70001

Mark Edward Peneguy

Wills

Status: In Good Standing Licensed: 36 Years

CONTACT

New Orleans, LA 70185

Krystena L Harper

Wills & Probate, Family Law, Divorce & Family Law, Insurance

Status: In Good Standing Licensed: 23 Years

CONTACT

610 S Peters St, New Orleans, LA 70130

David Joseph Lukinovich

International, Wills, Estate, Business

Status: In Good Standing Licensed: 38 Years

CONTACT

4415 Shores Dr, Metairie, LA 70006

Geoffrey Michael Stewart

Juvenile Law, Motor Vehicle, Immigration, Wills

Status: In Good Standing Licensed: 30 Years

CONTACT

2628 Marengo St, New Orleans, LA 70115

Reed Armstrong Morgan

Living Wills, Estate, Natural Resources, Business & Trade

Status: In Good Standing Licensed: 13 Years

CONTACT

701 Poydras St, New Orleans, LA 70139

Ronald L Naquin

Wills & Probate, Condominiums, Municipal, Transactions

Status: In Good Standing Licensed: 58 Years

CONTACT

601 Poydras St, New Orleans, LA 70130

Stanley McDermott

Business, Wills & Probate, Estate Administration, Trusts

Status: In Good Standing Licensed: 73 Years

CONTACT

1100 Poydras St, New Orleans, LA 70163

Dennis O. Durocher

Landlord-Tenant, Wills & Probate, Family Law, Insurance

Status: In Good Standing Licensed: 9 Years

CONTACT

4319 South Rocheblave, New Orleans, LA 70125

Audrey Erin Reed

Criminal, Family Law, DUI-DWI, Living Wills

Status: In Good Standing Licensed: 13 Years

CONTACT

438 8Th St, New Orleans, LA 70130

800-923-0641

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LEGAL TERMS

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.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

MARITAL LIFE ESTATE TRUST

See AB trust.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

SAMPLE LEGAL CASES

IN RE SIVERD

... Siverd. However, on November 28, 2007, Edward DuFaur filed a petition for probate of last will and testament, asserting that Holly Siverd in fact died testate, having executed a last will and testament on January 29, 2007. The ...

In re Succession of Davis

... [1]. An order admitting Davis's will to probate and authorizing letters testamentary to Cano was signed by a Texas court on June 20, 2006. ... 3401, et seq., and La. RS 9:2421, et seq. An order of probate was signed by the Louisiana court on January 11, 2007. ...

IN RE SUCCESSION OF DOUCET

... Beverly Sanders Doucet appeals a judgment that refused to probate a copy of the notarial will that her late husband executed naming her his sole universal legatee. ... Reiterating 741 that "it is not clear what became of the will," the court rejected Beverly's claim for probate. ...

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New Orleans Wills & Probate Lawyer, Louisiana, page 4

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Robert Peter Charbonnet

Mark Edward Peneguy

Krystena L Harper

David Joseph Lukinovich

Geoffrey Michael Stewart

Reed Armstrong Morgan

Ronald L Naquin

Stanley McDermott

Dennis O. Durocher

Audrey Erin Reed

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

DOWER AND CURTESY

RESIDUARY ESTATE

ANCILLARY PROBATE

FUNDING A TRUST

AUGMENTED ESTATE

PROPERTY CONTROL TRUST

MARITAL LIFE ESTATE TRUST

ACCUMULATION TRUST

SAMPLE LEGAL CASES

IN RE SIVERD

In re Succession of Davis

IN RE SUCCESSION OF DOUCET

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