Pointe Coupee County, LA Trusts Lawyers, 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

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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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Deborah Carriere Cifreo

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

725 Hospital Rd, New Roads, LA 70760

James C Dewey

Commercial Real Estate, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

191 2Nd St E, New Roads, LA 70760

Stacey Caillet Devillier

Government

Status: In Good Standing Licensed: 33 Years

CONTACT

6201 False River Rd, Oscar, LA 70762

Claire Phelps Arenson

General Practice

Status: Inactive Licensed: 40 Years

CONTACT

8343 Island Rd, Ventress, LA 70783

Andree H. Greenleaf

General Practice

Status: Inactive Licensed: 38 Years

CONTACT

8038 Bennett Dr, Ventress, LA 70783

John Schwab

General Practice

Status: Inactive Licensed: 62 Years

CONTACT

7522 False River Rd, Oscar, LA 70762

Brenda L. Kelley

General Practice

Status: Inactive Licensed: 45 Years

CONTACT

5051 Pecan Ln, Jarreau, LA 70749

Catherine D Kimball

General Practice

Status: Inactive Licensed: 54 Years

CONTACT

7836 Bennett Dr, Ventress, LA 70783

Wiley R Dial

General Practice

Status: Inactive Licensed: 53 Years

CONTACT

4978 Pecan Ln, Jarreau, LA 70749

Tandra G Lemay

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

204 10Th St, New Roads, LA 70760

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LEGAL TERMS

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

CERTIFICATION OF TRUST

See abstract of trust.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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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Pointe Coupee County, LA Trusts Lawyers, page 4

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Deborah Carriere Cifreo

James C Dewey

Stacey Caillet Devillier

Claire Phelps Arenson

Andree H. Greenleaf

John Schwab

Brenda L. Kelley

Catherine D Kimball

Wiley R Dial

Tandra G Lemay

TIPS

LEGAL TERMS

ADMINISTRATRIX

EXECUTOR

ADEMPTION

REMAINDERMAN

PERSONAL PROPERTY

CERTIFICATION OF TRUST

AB TRUST

HEIR APPARENT

SWEARING MATCH

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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