- Estate Planning Blog -

rentals, estate, planning - house for rent
The Danger In Rentals

As a trial lawyer years back, I encountered dozens of horror stories from rental properties. While rental properties may have a place in your investment portfolio, they can be dangerous assets if not properly setup and managed. Phelps LaClair is located in Gilbert Arizona where...

Pets, law - dog sitting on grass on a leash
Passionate About Pets

When considering estate planning to disperse your valuable items to your loved ones, don’t forget about your beloved family pet. Phelps LaClair (serving Gilbert, Chandler, Mesa, and Scottsdale) is passionate about great estate planning. Because we value connecting with family, we also know the importance...

trusts, wills, estate planning - child on grass with ball in air
Different Trusts to Fit Your Needs

Everyone has their own unique personality, distinct perspective, and, therefore, different needs in their lives. Phelps LaClair understands that one size does not fit everyone perfectly and that is why we tailor our estate planning services to each person that comes in. We serve the...

Small items - room filled with decorative furniture and trinkets
How to Make Sure Your Stuff Remains Just Stuff (Not Fuel for a Family Feud)

People typically think about Estate Planning only in the context of their big assets. These assets could be their house, various investments, business assets etc.. But what about all the “little stuff” around the house? Phelps LaClair wants to clarify ways to help with estate planning...

paddle board - people paddling on boards
Paddle Boarding Bliss

We have gotten on board with the new craze; paddle boarding! Phelps LaClair has found that, after a day of providing trusts, wills, and documents to protect you and your loved ones assets, a great way to release is through paddle boarding. We believe in...

beneficiary - family of three in front of a house
Who Should Be Your Beneficiary

The easiest and clearest way to leave someone money, possessions, or valuables when you pass away is through choosing a beneficiary. The decision of who to make your beneficiary should be carefully considered and can change with significant life events or legal requirements. Making the...

large group of people sitting in an outdoor theater
How to Pass on the Family Cabin

Over the 4th of July weekend, I came home from a trip to one of my favorite places on earth: Alpine, Arizona. This is where my family has had a cabin since I was 5 years old. The cabin itself doesn’t amount to much, but...

family cabin trust - cabin in woods at sunset
3 Ways to Pass on the Family Cabin

  Developing a family cabin succession plan requires long-range planning that involves the whole family. This may seem obvious, but cabin owners should confirm that each child or other prospective new owner has an interest in becoming a cabin owner. After it’s determined that there is cooperation...

living trust, wills, law - person holding balloon
Funding Your Revocable Living Trust

Establishing your future through effective estate planning is a smart move that can save you time and money. Utilizing a living trust limits the risks of your assets being tied up in court by probate, can save estate taxes, and protect inheritances for your loved...