Allen County, LA Estate Planning Lawyers, page 3

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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
1. Contact
2. Email
3. Refer
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Includes: Gift Taxation

Not enough matches for Allen Estate Planning lawyer.
Below are all Allen lawyers.

Steven Benard Sumbler

Estate, Criminal, Business

Status: Licensed: 19 Years

CONTACT

1115 E 7Th Ave, Oakdale, LA 71463

Joseph Clark Green

General Practice

Status: Licensed: 24 Years

CONTACT

105 S 5Th St, Oberlin, LA 70655

Judi Frances Abrusley

Government, Criminal, Divorce & Family Law

Status: Licensed: 29 Years

CONTACT

Oberlin, LA 70655

Rebecca Ann Hollaway

General Practice

Status: Licensed: 39 Years

CONTACT

1010 E. Whatley Road, Oakdale, LA 71463

Hugh James Cunningham

General Practice

Status: Licensed: 33 Years

CONTACT

208 Casey St, Kinder, LA 70648

Jerry A Beatmann

General Practice

Status: Licensed: 37 Years

CONTACT

1900 E Whatley Rd, Oakdale, LA 71463

Patricia C Cole

General Practice

Status: Licensed: 40 Years

CONTACT

114 N 5Th St, Oberlin, LA 70655

Thomas J Davis

General Practice

Status: Licensed: 52 Years

CONTACT

210 Meadow Dr, Oakdale, LA 71463

Nora K. Duncan

General Practice

Status: Licensed: 52 Years

CONTACT

Oakdale, LA 71463

Glenda M Raborn

General Practice

Status: Licensed: 27 Years

CONTACT

1010 E Whatley Rd, Oakdale, LA 71463

800-814-6700

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LEGAL TERMS

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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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Allen County, LA Estate Planning Lawyers, page 3

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Steven Benard Sumbler

Joseph Clark Green

Judi Frances Abrusley

Rebecca Ann Hollaway

Hugh James Cunningham

Jerry A Beatmann

Patricia C Cole

Thomas J Davis

Nora K. Duncan

Glenda M Raborn

TIPS

LEGAL TERMS

OFFICER

TESTAMENTARY TRUST

FUNDING A TRUST

ESTATE TAXES

AB TRUST

GRANT DEED

SPENDTHRIFT TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

INVENTORY

SAMPLE LEGAL CASES

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

Wild v. State

BOAT v. Haik

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