Norwood Estate Planning Lawyer, Louisiana, page 2

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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
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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

Mark William Fry

Immigration, Estate Planning, Employment, Child Custody, Misdemeanor

Status: In Good Standing Licensed: 31 Years

CONTACT

701 Laurel St, Baton Rouge, LA 70802

Dawn Marie Dietrich

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 25 Years

CONTACT

4210 Bluebonnet Blvd, Baton Rouge, LA 70809

John Donofrio

Real Estate, Family Law, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

400 Convention Street, Baton Rouge, LA 70802

Gayle Thomasson Kellner

Military, Other, Estate Planning, Administrative Law

Status: In Good Standing Licensed: 34 Years

CONTACT

8440 Jefferson Hwy, Baton Rouge, LA 70809

Joseph W. Mengis

Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 32 Years

CONTACT

2141 Quail Run Dr, Baton Rouge, LA 70808

Morgan Field

Estate Planning, Estate

Status: In Good Standing

CONTACT

6161 Perkins Road, Baton Rouge, LA 70808

Amanda Mary Pendleton

Living Wills, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

7143 Chandler Dr, Baton Rouge, LA 70808

John Gerhardt Toerner

Private Schools, Tax, Litigation, Estate Planning

Status: In Good Standing Licensed: 30 Years

CONTACT

104 N Cypress St, Hammond, LA 70401

800-923-0641

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LEGAL TERMS

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.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

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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Norwood Estate Planning Lawyer, Louisiana, page 2

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Mark William Fry

Dawn Marie Dietrich

John Donofrio

Gayle Thomasson Kellner

Joseph W. Mengis

Morgan Field

Amanda Mary Pendleton

John Gerhardt Toerner

TIPS

LEGAL TERMS

AUGMENTED ESTATE

FAMILY ALLOWANCE

NONPROBATE

FAILURE OF ISSUE

EXECUTOR

TRUST MERGER

DISTRIBUTEE

DEATH TAXES

GROSS ESTATE

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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