White Castle 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

Jason Adam Bonaventure

Administrative Law, Mediation, Estate Planning, Construction

Status: In Good Standing

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12352 Highway 44, Gonzales, LA 70737

Peter J Losavio

Divorce & Family Law, Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

FREE CONSULTATION

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8414 Bluebonnet Blvd, Baton Rouge, LA 70810

Donnie L. Floyd

Estate Planning, Adoption, Contract, Business Organization

Status: In Good Standing Licensed: 45 Years

CONTACT

17487 Old Jefferson Hwy, Prairieville, LA 70769

Joseph W. Mengis

Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 32 Years

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2141 Quail Run Dr, Baton Rouge, LA 70808

Morgan Field

Estate Planning, Estate

Status: In Good Standing

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6161 Perkins Road, Baton Rouge, LA 70808

Jacob Craig Guinn

Corporate, Labor Law, Estate Planning, Health Care

Status: In Good Standing Licensed: 18 Years

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16746 Amberwood Dr, Baton Rouge, LA 70810

Amanda Mary Pendleton

Living Wills, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

7143 Chandler Dr, Baton Rouge, LA 70808

Donald M. Meltzer

Tax, International Tax, Estate Planning, Estate, Corporate

Status: In Good Standing Licensed: 37 Years

CONTACT

6777 Jefferson Hwy, Baton Rouge, LA 70806

Dawn Marie Dietrich

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 25 Years

CONTACT

4210 Bluebonnet Blvd, Baton Rouge, LA 70809

Gayle Thomasson Kellner

Military, Other, Estate Planning, Administrative Law

Status: In Good Standing Licensed: 34 Years

CONTACT

8440 Jefferson Hwy, Baton Rouge, LA 70809

800-923-0641

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

CERTIFICATION OF TRUST

See abstract of trust.

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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White Castle Estate Planning Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Jason Adam Bonaventure

Peter J Losavio

Donnie L. Floyd

Joseph W. Mengis

Morgan Field

Jacob Craig Guinn

Amanda Mary Pendleton

Donald M. Meltzer

Dawn Marie Dietrich

Gayle Thomasson Kellner

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

GENERATION-SKIPPING TRANSFER TAX

DISCHARGE (OF PROBATE ADMINISTRATOR)

CONTINGENT BENEFICIARY

LETTERS TESTAMENTARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

RULE AGAINST PERPETUITIES

SPECIFIC BEQUEST

CERTIFICATION OF TRUST

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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