Acadia 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
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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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Kim Reginald Hayes

Divorce & Family Law, Real Estate, Estate, Criminal, Accident & Injury

Status: Licensed: 40 Years

CONTACT

408 N Parkerson Ave, Crowley, LA 70527

John D Trahan

Estate, Adoption

Status: Licensed: 43 Years

CONTACT

1718 N Avenue D, Crowley, LA 70526

Bhyllie J. Mouton

Government, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 9 Years

CONTACT

905 The Blvd, Rayne, LA 70578

John Michael Stefanski

Employment, Accident & Injury

Status: Licensed: 49 Years

CONTACT

125 E Hutchinson Ave, Crowley, LA 70526

Luke Anthony Beslin

Real Estate, Estate, Civil & Human Rights, Accident & Injury

Status: Licensed: 27 Years

CONTACT

800 N Polk St, Rayne, LA 70578

Jack Derrick Miller

General Practice

Status: Licensed: 52 Years

CONTACT

415 N Parkerson Ave, Crowley, LA 70526

Kristian Dennis Earles

General Practice

Status: Licensed: 30 Years

CONTACT

Crowley, LA 70527

Joseph J Vincent

Bankruptcy, Medical Malpractice

Status: Licensed: 25 Years

CONTACT

1224 N Parkerson Ave, Crowley, LA 70526

Clint David Bischoff

Government

Status: Licensed: 33 Years

CONTACT

320 Duson Ave, Iota, LA 70543

Shane Michael Mouton

Family Law, Child Custody, Bankruptcy, Accident & Injury

Status: Licensed: 30 Years

CONTACT

905 The Blvd, Rayne, LA 70578

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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).

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

CERTIFICATION OF TRUST

See abstract of trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

TITLE COMPANY

A company that issues title insurance.

FAILURE OF ISSUE

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

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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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Acadia County, LA Trusts Lawyers

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Kim Reginald Hayes

John D Trahan

Bhyllie J. Mouton

John Michael Stefanski

Luke Anthony Beslin

Jack Derrick Miller

Kristian Dennis Earles

Joseph J Vincent

Clint David Bischoff

Shane Michael Mouton

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

PETITION

TRUSTEE POWERS

CERTIFICATION OF TRUST

SPENDTHRIFT TRUST

PER CAPITA

TITLE COMPANY

FAILURE OF ISSUE

INTER VIVOS TRUST

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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PRACTICE AREAS 70