Estate Planning Blog

  “Kids! What’s the matter with kids today?” This famous song from Bye, Bye Birdie! Tells the feelings of both love and frustration that parents have concerning their children. At Phelps LaClair, we have experienced the deep emotions that parents go through when they are considering...

  These days, many more marriages will end in divorce than just a few years ago. The present rate is estimated to be between 40-50%. The divorce rate for subsequent marriages is even higher. For those entering a marriage that brings children from a previous marriage,...

  When you put your assets into a Living Trust, you know that you, as the grantor, maintain full and complete control. You are also the Trustee. As a result, you get to decide what happens with those assets. And because you are the lifetime beneficiary,...

  Phelps LaClair, serving Chandler, Mesa, Phoenix, and Scottsdale, has helped families with special needs loved ones for many years. If you are taking care of adults or children with special needs, such as mental or physical disabilities, you have probably asked yourself what would happen...

  Phelps LaClair is always promoting physical health to our clients. We want to see you live long and healthy lives. And just as important to us is your mental health. Research has shown that it is possible to ward off memory and cognitive problems by...

We have all been in lockdown for months. Spring has become summer and the sun is high in the sky. Even in the blazing heat of an Arizona summer, the temptation to spend time outside can be overwhelming. Your psyche might be longing for the...

One of the top 10 estate planning mistakes that many people make is having an inadequate plan that will necessitate probate court. Why is probate so negative? It devours time and money that is better invested in the inheritance you leave to your beneficiaries. At...

  In a recent blog post, we discussed what long term care services are available and what qualifies you for them. With the average yearly cost of nursing home care in Phoenix running around $112,000 and increasing annually, paying for long-term care can be a staggering...

When you can no longer do the everyday things that living requires, you are a candidate for long-term care. You are not alone, however. According to the Dept. of Health and Human Services, over 70% of people turning 65 can expect to need long-term care...

In the past two months, we have spoken with a number of new and former clients concerned about the coronavirus. Phelps LaClair is a premier estate planning law firm in the Phoenix Metro area. We are well acquainted with folks who want a solid estate...

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