Saint Bernard County, LA Trusts Lawyers

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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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Roberta L. Burns

Personal Injury

Status: In Good Standing

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First Natl Bank Bldg, Chalmette, LA 70043

Ross Hughes

Adoption, Alimony & Spousal Support, Dispute Resolution, Animal Bite

Status: In Good Standing

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3 Courthouse Square, Chalmette, LA 70043

Daniel L. Dysart

Estate Planning, Family Law, Insurance, Personal Injury

Status: In Good Standing

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3 Courthouse Square, Chalmette, LA 70043

Cullen A Tonry

Criminal, Accident & Injury, Mass Torts

Status: In Good Standing

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2300 Pakenham Drive, Chalmette, LA 70043

Elizabeth (Lisa) Borne

Insurance

Status: In Good Standing Licensed: 18 Years

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3 Courthouse Square, Chalmette, LA 70043

Dan A Robin

Divorce & Family Law, Criminal, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 28 Years

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9117 W Saint Bernard Hwy, Chalmette, LA 70043

Lacey Tabary

Lawsuit & Dispute

Status: In Good Standing Licensed: 16 Years

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3 Courthouse Square, Chalmette, LA 70043

Paul A. Tabary

Family Law, Insurance, Personal Injury, Professional Malpractice

Status: In Good Standing Licensed: 46 Years

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3 Courthouse Square, Chalmette, LA 70043

Sidney D. Torres

Contract, Family Law, Personal Injury, Wills & Probate

Status: In Good Standing Licensed: 53 Years

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8301 W Judge Perez Dr, Chalmette, LA 70043

David C Jarrell

Criminal, Personal Injury, Car Accident, Accident & Injury

Status: In Good Standing

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9101 W Saint Bernard Hwy, Chalmette, LA 70043

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LEGAL TERMS

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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).

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

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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Saint Bernard County, LA Trusts Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Roberta L. Burns

Ross Hughes

Daniel L. Dysart

Cullen A Tonry

Elizabeth (Lisa) Borne

Dan A Robin

Lacey Tabary

Paul A. Tabary

Sidney D. Torres

David C Jarrell

TIPS

LEGAL TERMS

INTESTATE

RESIDUARY BENEFICIARY

ABATEMENT

INHERIT

BYPASS TRUST

SECONDARY MEANING

CHARITABLE TRUST

EXEMPTION TRUST

ESTATE TAXES

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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