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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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Mark Daniel Frederick

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

General Legal Services in Northwest Louisiana.

Mark D. Frederick has over 20 years of legal experience, enabling him to handle the demands of your case regardless of the complexities involved. As y... (more)

FREE CONSULTATION

CONTACT

318-868-7300

2800 Youree Drive, Shreveport, LA 71104

Thomas A. Bordelon

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

THOMAS A. BORDELON was born in San Antonio, Texas on December 6, 1959. Mr. Bordelon graduated cum laude from Louisiana State University at Shreveport... (more)

FREE CONSULTATION

CONTACT

800-865-9541

401 Market Street, Shreveport, LA 71101

Walter F. Johnson

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Real Estate, Landlord-Tenant, Business, Estate, Oil & Gas

Walter F. Johnson, III is a practicing lawyer in the state of Louisiana. Attorney Johnson received his J.D. from Louisiana State University in 1975. ... (more)

CONTACT

318-861-4535

425 Ashley Ridge Blvd., Shreveport, LA 71106

A. L. Wedgeworth

Corporate, Wills & Probate

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400 Texas Street, Shreveport, LA 71161

G. Warren Thornell

Real Estate, Estate, Criminal, Accident & Injury

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CONTACT

416 Travis St, Ste 200, Shreveport, LA 71101

John B Benton

Estate Planning, Family Law, Insurance, Personal Injury

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CONTACT

420 Broadway, Shreveport, LA 71105

Katherine Cook Guidry

Corporate, Business Successions, Estate Planning, Transactions

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CONTACT

400 Texas Street, Shreveport, LA 71101

Melanie F. McCullough

Divorce & Family Law, Family Law, Wills & Probate, Personal Injury

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CONTACT

Melanie F. McCullough Attorney at Law, Minden, LA 71055

W. Lake Hearne

Family Law, Wills & Probate, Constitutional Law, Contract

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CONTACT

333 Texas Street, Shreveport, LA 71101

W. Michael Adams

Estate Planning, Employment, Family Law, Corporate

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CONTACT

400 Texas Street, Shreveport, LA 71101

800-814-6700

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LEGAL TERMS

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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).

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

FAILURE OF ISSUE

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

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

In re Rayne City of et al.; Boulet, Daniel; Foreman, Mario; â€” Defendant(s); Applying for Writ of Certiorari and/or Review, Parish of Acadia, 15th Judicial District Court Div. D, No. 81532-D; to the Court of Appeal, Third Circuit, No. 07-359.

Samaha v. Rau

... Wright v. Louisiana Power & Light, 2006-1181 p. 17 (La.3/9/07), 951 So.2d 1058, 1070; King v. Parish National Bank, 2004-0337 p. 7 (La.10/19/04), 885 So.2d 540, 545; Jones v. Estate of Santiago, 2003-1424 p. 5 (La.4/14/04), 870 So.2d 1002, 1006. ...

Lozier v. Estate of Elmer

On October 26, 2001, plaintiff filed a "Petition to Recover Damages for Breach of Contract Against the Estate of William Jay Elmer and to Recover Payment of Wages Owed by the Estate of William Jay Elmer." In her petition, plaintiff asserts that William Elmer was her employer from ...

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Ida Estate Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Mark Daniel Frederick

Thomas A. Bordelon

Walter F. Johnson

A. L. Wedgeworth

G. Warren Thornell

John B Benton

Katherine Cook Guidry

Melanie F. McCullough

W. Lake Hearne

W. Michael Adams

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LEGAL TERMS

AUGMENTED ESTATE

SUCCESSOR TRUSTEE

SPECIAL ADMINISTRATOR

GRANTOR RETAINED INCOME TRUST

QDOT TRUST

FAILURE OF ISSUE

SPRINKLING TRUST

RESIDUARY ESTATE

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

SAMPLE LEGAL CASES

Estate of Francis v. City of Rayne

Samaha v. Rau

Lozier v. Estate of Elmer

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