Estate Planning Blog

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...

Digital assets are an important part of every estate plan. Most people have more digital assets than they realize. Online bank accounts, social media, online retail accounts, etc., are part of modern life that we all take for granted. But they are easy to overlook...

  There's nothing worse than watching your hard-earned assets dwindle during your golden years. But that is exactly what can occur as a result of spending time in a long-term care facility. Unfortunately, more than half of older Americans will end up in a skilled nursing...

  Since more than half of Americans turning 65 today will eventually require some sort of long-term care, part of establishing a secure financial future involves knowing how to protect your assets and your estate from exorbitant nursing care costs. Phelps LaClair is an Arizona law...

  At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, we create estate plans for many families. Some of our clients have accumulated great wealth; others have a more modest estate. All of our clients want to protect the wealth they have and pass it along...

  Fall is upon us! Fall and winter are typically the most active flu seasons. This year, the normal danger of the flu is compounded by the COVID-19 pandemic. Protecting yourself from these viruses is paramount. Phelps LaClair is committed to healthy living. Our clients in...

  COVID-19 is an evolving and rapidly changing health crisis, as we all know. The people most at risk from serious health effects are the elderly. Many of these vulnerable people will need long-term care. At Phelps LaClair, we have long advocated for long-term care solutions...

  As of the middle of September, 2020, Maricopa County has 710 active COVID-19 cases. 606 of those cases are found in long-term care facilities (166), assisted living facilities (364), and rehab facilities (76). We have long advocated for everyone to have an estate plan that...

  Phelps LaClair is one of the premiere estate planning law firms in the Phoenix area. We design and create an estate plan that is unique for each client. We often get asked, “What is a revocable living trust, and why do I need one?” Most...

  We all know the commercial that asks the question: what’s in your wallet? Well, we want to know: what’s in your estate plan? While a wallet carries ID, bank cards and cash, an estate plan contains so much more. In addition to your liquid assets...

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