- Estate Planning Blog -

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Estate Plan 3-Year Checkup-Phoenix, AZ

As we age, we all understand the importance of taking time for a yearly medical checkup with our doctor. We also know biannual dental checkups are vital in helping to prevent tooth decay, so our teeth can remain healthy for the duration of our lives....

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10 Reasons Not to Delay Long-Term Care Planning

You and your spouse are both vital and healthy, and you don’t plan on getting sick. Why then, should you make the effort now to prepare for end-of-life issues? After all, you’re confident you’ve set aside enough retirement funds to give you plenty of leeway,...

special needs planning
Special Needs Planning Precedes Creating a Special Needs Trust

At Phelps LaClair, located in Phoenix, Chandler, and Mesa, AZ, we specialize in estate planning. For some, that includes special needs planning. A Special Needs Trusts is valuable if you’ve got a disabled child, or if you desire to name a disabled person as your...

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Plan Your Estate-Phelps LaClair’s Free Service Package

We love our work. You might say it’s in our genes, since we’re a second generation estate planning firm. Stephen Phelps started our firm and was a friend to his clients, known for his wisdom and his good sense of humor. Today, James Phelps and...

Funding a Living Trust in Phoenix & Scottsdale - palm holding stack of dollar bills and stacks of coins
Funding a Living Trust in Phoenix & Scottsdale AZ

You’ve begun taking steps toward planning your estate. And rather than creating a will, you’ve decided to establish a trust fund, which, if funded properly, will enable your assets to be privately distributed to your loved ones without the delay or expense of probate court....

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How to Protect Your Estate from Unnecessary Vulnerability

You want to take steps to set up a Living Trust for your family so that if something were to happen to you and your spouse, the trust would enable your hard-earned finances to be available to provide for your children. Should you give the...

planning your estate - person holding horse
Health Benefits Of Horse Riding in Mesa, AZ

When it comes to preparing for the future, Phelps LaClair, located in Mesa, Gilbert, Chandler, and Phoenix, AZ, is ready to come to your aid in every aspect of planning your estate or establishing your LLC. But when it comes to keeping your body and...

IRA Inheritance Trust - five hands holding each other
Stretch Your IRA to the Next Generation With an IRA Inheritance Trust

You’ve got a nest egg set aside in the form of an IRA (or another company retirement plan that you may eventually roll over into an IRA). And you’ve heard that Internal Revenue Service regulations now permit you to “Stretch-out” income-taxable distributions for a much...

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Mother’s day and Legacy in Mesa, AZ

Mother’s day is coming up, and that means Moms all over the world will be honored for their nurture, training, and love. If you’re a mother, we want you to know we value your role as an influencer more than any other person’s role in...

LLC - word cloud of taxes, accounting and related words
An LLC and Filing Taxes in Arizona

In our last blog post we talked about two different kinds of Limited Liability Companies, or LLCs: Member-Managed or Manager-Managed. Phelps LaClair (with offices in Phoenix, Chandler, and Mesa) is ready to help you determine the right LLC for you. If you’re looking to begin...

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