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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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Cara Elizabeth Hall

Estate Planning, Education, Corporate, Trusts

Status: Licensed: 18 Years

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8 Canal St, New Orleans, LA 70130

David Inge Clay

Litigation, Industry Specialties, Trusts, Business Organization

Status: Licensed: 14 Years

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365 Canal St, New Orleans, LA 70130

Jaclyn Carole Hill

Commercial Real Estate, Litigation, Trusts, Estate

Status: Licensed: 19 Years

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1207 Saint Claude Ave, New Orleans, LA 70116

Laura Elizabeth Fine

Elder Law, Estate, Trusts, Estate Planning

Status: Licensed: 18 Years

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400 Poydras St, New Orleans, LA 70130

Richard Ralph Stedman

Business, Tax, Wills, Trusts

Status: Licensed: 21 Years

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400 Poydras St, New Orleans, LA 70130

Virginia Fontenot Lovell

Trusts, Estate, Agriculture, Animal Bite

Status:

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300 Board Of Trade Pl, New Orleans, LA 70130

Faun L Fenderson

Real Estate, Trusts, Estate Planning, Estate

Status: Licensed: 44 Years

CONTACT

700 Camp St, New Orleans, LA 70130

Bonnie Elise Dye

Business, Bankruptcy & Debt, Litigation, Trusts

Status: Licensed: 17 Years

CONTACT

601 Poydras St, New Orleans, LA 70130

James Benjamin Myers

Real Estate, Trusts, Criminal, Antitrust, Business

Status: Licensed: 5 Years

CONTACT

650 Poydras St, New Orleans, LA 70130

Mark S Embree

International, Trusts, Estate, Business

Status:

CONTACT

701 Poydras St, New Orleans, LA 70139

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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

FAMILY POT TRUST

See pot trust.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

More Legal Terms...

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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Violet Trusts Lawyer, Louisiana

Sponsored Law Firm

Wes Bailey, Attorney At Law, LLC

SPONSORED LAWYERS

Cara Elizabeth Hall

David Inge Clay

Jaclyn Carole Hill

Laura Elizabeth Fine

Richard Ralph Stedman

Virginia Fontenot Lovell

Faun L Fenderson

Bonnie Elise Dye

James Benjamin Myers

Mark S Embree

TIPS

LEGAL TERMS

POUR-OVER WILL

FAMILY POT TRUST

REMAINDERMAN

PROBATE

CERTIFIED COPY

HOLOGRAPHIC WILL

LAPSE

GENERATION-SKIPPING TRANSFER TAX

AUGMENTED ESTATE

SAMPLE LEGAL CASES

In re Mashburn Marital Trusts

Brown v. Schwegmann

IN THE MATTER OF MASHBURN MARITAL TRUSTS

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