Sondheimer Trusts Lawyer, Louisiana, 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
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Cleophus Washington

General Practice

Status: Licensed: 6 Years

CONTACT

308 1St St, Lake Providence, LA 71254

Laurie Reis Brister

Real Estate, Government, Divorce & Family Law, Business

Status: Licensed: 33 Years

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400 1St St, Lake Providence, LA 71254

Gloria J. Collins

General Practice

Status: Licensed: 38 Years

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209 Rundell St, Delhi, LA 71232

George F Fox

General Practice

Status: Licensed: 64 Years

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106 Hood St, Lake Providence, LA 71254

William B Ragland

General Practice

Status: Licensed: 75 Years

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405 Morgan St, Lake Providence, LA 71254

Dennis G Stewart

General Practice

Status: Licensed: 47 Years

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306 Little John Dr, Delhi, LA 71232

Vicki Kemp Cruse

General Practice

Status: Licensed: 35 Years

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838 Broadway St, Delhi, LA 71232

Jacques Emil deMoss

General Practice

Status: Licensed: 26 Years

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100 Dearman Rd, Delhi, LA 71232

Charles R Brackin

General Practice

Status: Licensed: 57 Years

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728 Island Point Dr, Lake Providence, LA 71254

Jacob Andy Brister

General Practice

Status: Licensed: 2 Years

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590 Island Point Dr, Lake Providence, LA 71254

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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.

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.

FAILURE OF ISSUE

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

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

MARITAL LIFE ESTATE TRUST

See AB trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

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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Sondheimer Trusts Lawyer, Louisiana, page 3

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Cleophus Washington

Laurie Reis Brister

Gloria J. Collins

George F Fox

William B Ragland

Dennis G Stewart

Vicki Kemp Cruse

Jacques Emil deMoss

Charles R Brackin

Jacob Andy Brister

TIPS

LEGAL TERMS

OFFICER

CONTINGENT BENEFICIARY

FAILURE OF ISSUE

TRUST MERGER

SUMMARY PROBATE

INHERITANCE TAXES

MARITAL LIFE ESTATE TRUST

EXECUTOR

SPRINKLING TRUST

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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