Did you know that June is national fresh fruits and vegetables month? Visiting your local farmers market is the perfect way to celebrate. In Arizona, farmers can harvest produce all year round, so you’re sure to find everything you need for your favorite seasonal recipes....
Probate is the legal process of validating a will, settling a deceased person's debts, and distributing their assets to heirs or beneficiaries. The court oversees this process to ensure that is properly carried out. Probate can take over a year and involves expensive court fees...
Hopefully, you’ve already created an estate plan that benefits your spouse or partner as well as any children and grandchildren in your family. But there are some other important family members you may have forgotten to consider when estate planning—your pets. Planning ahead for your...
Although Arizona doesn’t have an estate tax, the federal government does. Arizona doesn’t impose an inheritance tax either, but you could still have to pay taxes on inheritance that comes from another state. At Phelps LaClair, we understand that estate and inheritance tax laws and...
As we age, our medical needs change. That is just a part of life. And depending on your personal medical history, you may want to plan for an event where, if you cannot communicate directly with doctors and nurses, you have someone who knows your...
Here at Phelps LaClair, we know how important estate planning can be, and we want to make sure that you do as well! We want to eliminate any misconceptions you may have about estate planning, so you can protect yourself and your family’s future. The benefits...
Did you know May is National Bike Month 2022? Traveling around the Phoenix area by bicycle is one of our favorite pastimes here at Phelps LaClair. We are lucky to live in a city that is chock full of amazing biking trails and pathways. Here’s...
If you or a loved one dies without a will, the Arizona inheritance laws can complicate the process of distributing your assets. At Phelps LaClair, we can help you leave an inheritance without burdening your loved ones. We can also help incorporate any inheritance you...
If you have a large estate or die without a will, your estate will go through probate after you pass. This court process can be overwhelming for your loved ones and create conflict regarding distribution. Whether you’re administering a loved one’s estate or getting your...
When most people talk about estate planning, they think it's just for making sure their property goes to their loved ones after they are gone. However, estate planning also encompasses directives for instances when you are still alive, but can not make important decisions for...