- Estate Planning Blog -

Pet Trust
Estate Planning: How to Set Up A Trust For Pets

At Phelps LaClair, we know the value and esteem that some folks have for their companion animals and pets. Many people ask us if pets can be included in a will. The answer is a resounding yes! In fact, for many pets of the rich...

better to have will or trust
Is it Better To Have a Will or a Trust?

  Last Will and Testament—This is what many people think estate planning is. The truth is that while a will is part of it, an estate plan is so much more. At Phelps LaClair, we believe that everyone needs an estate plan, no matter how much...

member-managed vs manager-managed llc in arizona - man working at desk
Member-Managed or Manager-Managed LLCs In Arizona

  If you’re thinking of starting a business in Arizona,  you want to do it right. You’ve probably heard about a Limited Liability Company, or LLC, and you may be considering this as an option for your startup company. There are many benefits to forming an...

1st estate plan
Estate Planning Basics: Your First Estate Plan

  The first experience doing anything new can be a time of tension and indecision. You are in unfamiliar territory without much of a map. You go online, you research as best you can, you seek advice from experienced friends; but in the end, you feel...

Chad Boseman
Chad Boseman Left No Will—Why You Need One

There are so many unknowns in life. When we are young, we wonder what we will be when we grow up. As we enter young adulthood, we wonder who we will marry (or even if we will marry). We wonder about career, status, employment, friendships...

inheritance tax arizona - tax time note and tax forms
Do I Need to Pay Tax on My Inheritance in Arizona?

  Do I need to pay tax on inheritance in Arizona? As a premier estate planning law firm in Phoenix, Chandler, and Mesa, this is a question we often hear at Phelps LaClair. Our estate plans are custom designed to protect your assets and minimize tax...

holiday fitness
Holiday Fitness

At Phelps LaClair, we know it is important to take a break from work and enjoy friends, family and life itself. After all, rest is what rejuvenates us and allows us to reset our priorities and even our direction in life. At this time of...

foreign assets part 2
Estate Planning With Foreign Assets Part 2

  In a recent blog post, we discussed two aspects of estate planning with foreign assets: taxation and wills. In this post, we will expand on the topic of international property ownership and valid wills. Phelps LaClair is a second generation estate planning law firm serving...

planning with foreign assets
Estate Planning With Foreign Assets

  Many of our clients at Phelps LaClair have property and financial holdings in foreign countries. They may own property in a nation other than the US. Or, they may have offshore bank accounts or stocks in foreign based companies. There are special considerations in estate...

tax strategies
Tax Strategies Post-Election

No matter who is elected (or re-elected) on November 3, estate planning tax strategies post-election will need to be reassessed. Phelps LaClair is a second generation estate planning law firm serving Chandler, Mesa, Phoenix and Scottsdale. Helping our clients to navigate changing tax laws is...