Estate Planning Blog

Have you drafted your will yet? If you have one, when was the last time you made an update? Many factors can invalidate a will, such as moving to a new state or changes in state laws. Whether you still need to draft your first...

If you’ve been appointed the executor of an estate or if you’re expecting an inheritance, you may be wondering just how long the probate process can take.  Unfortunately, probate is a complex process, and there are many different factors that can delay its completion. There is...

While many of us hate to see summer go, fall certainly has its perks. From pumpkin patches and corn mazes to fall-themed games and shopping, fall festivals are the perfect way to celebrate the best parts of fall. If you’re looking for things to do...

When you move to a new state, there are many important things you need to update, like your driver’s license and your voter’s registration. But one thing that people often forget to update after a move is their estate plan.  Although out-of-state wills typically are valid...

It can be uncomfortable to talk to your children about their inheritance. While you don’t have to tell your children exactly how much they will inherit, it is a good idea to have a conversation with them about what to do with an inheritance. If...

Being a first responder is a high-risk job, so it’s important to plan for your family’s future in the event that something happens to you in the line of duty. At Phelps LaClair, we’re grateful for everything that our local first responders do for our...

When it comes to finding a place to enjoy some good old-fashioned roller skating fun, the Arizona doesn't disappoint. Whether you're a seasoned skater or just looking for a new and exciting way to stay active, there are plenty of rinks to choose from in...

It can be very difficult to think about estate planning and making arrangements for your children after you pass on. Many people struggle to talk about these topics as well, and talking about estate planning with kids can be even harder. The experts at Phelps...

Trusts aren’t just for the wealthy, they’re for anyone looking to save their family time and money after they pass away. There are many reasons for creating a trust, from controlling the distribution of your assets to protecting loved ones with disabilities. At Phelps LaClair,...

Probate is the legal process of transferring the ownership of a deceased person’s property to their heirs, and it can take a long time to complete. There are many types of assets that are automatically subject to probate, unless you place them in a trust....

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