Shongaloo 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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2. Email
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Includes: Gift Taxation

Drew Smith

Estate Planning, Oil & Gas

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

Wm. Timothy Allen

Energy, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

W. Michael Adams

Estate Planning, Employment, Family Law, Corporate

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

Katherine Cook Guidry

Corporate, Business Successions, Estate Planning, Transactions

Status: In Good Standing

CONTACT

400 Texas Street, Shreveport, LA 71101

John B Benton

Estate Planning, Family Law, Insurance, Personal Injury

Status: In Good Standing

CONTACT

420 Broadway, Shreveport, LA 71105

Paul E. Kitchens

Estate, Business Organization, Banking & Finance, Bankruptcy, Estate Planning

Status: In Good Standing Licensed: 54 Years

CONTACT

420 Broadway St, Minden, LA 71055

Kyle C. McInnis

Tax, Estate Planning, Business Organization, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

333 Texas St, Shreveport, LA 71101

Jacob Carter White

Wills, Gift Taxation, Business & Trade, Business

Status: In Good Standing

CONTACT

333 Texas St, Shreveport, LA 71101

Laura Peterson Butler

Estate Planning, Business Successions, Business, Reorganization

Status: In Good Standing

CONTACT

333 Texas Street, Shreveport, LA 71120

Kyle Christopher Mcinnis

Wills, Gift Taxation, Business & Trade, Business

Status: In Good Standing

CONTACT

333 Texas St, Shreveport, LA 71101

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.'

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

FAMILY POT TRUST

See pot trust.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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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Shongaloo Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Drew Smith

Wm. Timothy Allen

W. Michael Adams

Katherine Cook Guidry

John B Benton

Paul E. Kitchens

Kyle C. McInnis

Jacob Carter White

Laura Peterson Butler

Kyle Christopher Mcinnis

TIPS

LEGAL TERMS

PRETERMITTED HEIR

ESTATE TAXES

PROPERTY CONTROL TRUST

TRUST DEED

INCOMPETENCE

CHARITABLE TRUST

FAMILY POT TRUST

PUBLISHED WORK

TRUSTEE

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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